Business
Sigma Lithium Resources Obtains Environmental Licenses for Construction and Installation of Commercial Production Plant
Environmental authority grants Sigma definitive licenses for a period of six years expiring in May 2025 Sigma will host an Annual General Meeting of Shareholder
About this update from Sigma Lithium Corporation
[{"type":"text","content":" Environmental authority grants Sigma definitive licenses for a period of six years expiring in May 2025 Sigma will host an Annual General Meeting of Shareholders on Friday June 28th 2019 at 9 a.m. (EST) Location: The Offices of McCarthy Tétrault LLP Suite 5300, 66 Wellington Street West, Toronto, ON M5K 1E6 Webcast Link: https://sigmalithium.clickmeeting.com/sigma-lithium-resources Dial in: Participant Code: 658533# | São Paulo: +55 (11) 3230-2305 | New York: +1 (917) 338-1451 | Toronto: +1 (647) 497-7729 Dial-in from other locations: https://account-panel.clickmeeting.com/dialplan ______________________________________________________________________ VANCOUVER, British Columbia, June 11, 2019 (GLOBE NEWSWIRE) -- Sigma Lithium Resources Corporation (“Sigma” or the “Company”) (TSX-V: SGMA) (OTC-QX SGMLF) is pleased to announce it has obtained the required environmental licenses for both construction (“LP”) and installation (“LI”) of its Lithium Commercial Production Plant (“Plant”) from the environmental authority of the State of Minas Gerais, the Council of Environmental Policy (“Conselho Estadual de Politica Ambiental – COPAM”) in Brazil. COPAM has issued Sigma’s Dual LP and LI Certificate for a period of six years expiring on May 31, 2025. Based on the design being considered under the ongoing feasibility study (“DFS”), the Plant will have the capacity to process 1.5 million metric tonnes of spodumene ore per year from its Grota do Cirilo property. The lithium process design is proprietary and includes DMS technology. The Plant design is projected to produce 220,000 tonnes of high quality battery-grade 6% lithium oxide concentrate per annum, with one of the lowest levels of impurities in the world. The Company is in the final stages of the DFS for the Xuxa deposit. At a later stage Sigma has the option to double the Plant capacity to process 3 million metric tonnes of spodumene ore per year, producing an expected 440,000 tonnes of high quality battery-grade 6% lithium oxide concentrate, subject to completion of all related studies and assessments. The LP will permit the company to initiate construction of the Plant, following the conclusion of the ongoing DFS. The LI will permit the Company to conduct transport, trial mining, and testing of the DMS beneficiation process of spodumene ore from the...