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Sigma Lithium Resources: Brazilian Government Commits to Foster the Development of the Lithium Value Chain
VANCOUVER, British Columbia, Aug. 21, 2019 (GLOBE NEWSWIRE) -- Sigma Lithium Resources Corporation (“Sigma” or the “Company”) (TSX-V: SGMA) is pleased to announ
About this update from Sigma Lithium Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 21, 2019 (GLOBE NEWSWIRE) -- Sigma Lithium Resources Corporation (“Sigma” or the “Company”) (TSX-V: SGMA) is pleased to announce that it participated in a public symposium held at the Municipal Chamber of Itinga with senior Federal, State and Local Brazilian government officials. The purpose of the symposium was to discuss how to further facilitate and develop the Lithium Value Chain by creating an industrial zone dedicated to the development of the lithium chemical processing in the Jequitinhonha Valley, building on Sigma’s investments in mining lithium in the region. The public meeting was organized by Federal, State and Municipal senior government officials, including congressmen from various political parties who are representatives in the Jequitinhonha Valley. Amongst the key participants were the Brazilian Deputy Minister of Mines (Secretary of State for Geology, Mining and Mineral Transformation of the Ministry of Mines and Energy), the Mayors of 17 towns in the Jequitinhonha Valley, key Federal and State Congressmen as well as representatives from the UmVale association and the chambers of commerce of the Jequitinhonha Valley municipalities. “We are thrilled that our green mining operation has harnessed such deep support from Federal, State and Local Government as well as from key political leaders of different parties and with distinct ideologies”, said Ana Cabral, Sigma’s Chief Strategy Officer. “The development of local infrastructure could potentially attract chemical industrial companies to the region and create the appropriate business environment for the introduction of the refined chemical processing step of the lithium mineral. Sigma has produced on a pilot scale a pre-chemical 6% battery-grade lithium oxide for use in electric vehicles or energy storage for utilities. With the right industrial infrastructure, such as a gas pipeline, an entire new industry could flourish in the Jequitinhonha Valley to produce the lithium hydroxide chemical, generating significant economic and social development value”, she added. Amongst the various initiatives discussed were the construction of a gas pipeline in a public-private partnership, a railway network connection and the creation of further business incentives, in addition to those available under the SUDENE initiative. “This meeting de...