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Sigma Lithium Successfully Initiates Commissioning of Greentech Plant on Schedule and Within Budget
Sigma Lithium successfully commissioned the first module of the Phase 1 production plant (the "Greentech Plant"), on schedule and within budget: Crushing circui
About this update from Sigma Lithium Corporation
[{"type":"text","content":" Sigma Lithium successfully commissioned the first module of the Phase 1 production plant (the \"Greentech Plant\"), on schedule and within budget: Crushing circuit (\"dry module\") commissioning commenced last week with all tests successfully completed and is expected to be completed by February 2023. Dense media separation circuit (\"wet module\") commissioning expected to initiate in February 2023 and expects to be completed by April 2023. Sigma Lithium remains on track to commence commercial production in April 2023. Please review our new video here with the 3D engineering of the expansion of the Greentech Plant (Phases 2 & 3) as well as the current Greentech Plant (Phase 1). Sigma Lithium also commissioned the system that will pump water from Rio Jequitinhonha 6km away to the sewage treatment plant to clean the water of its solid fecal residues, making it suitable for the Greentech Plant. Sigma Lithium expects to start generating free cash flow in the second quarter of 2023, producing battery grade environmentally and socially sustainable lithium concentrate (\"Battery Grade Sustainable Lithium\"). Sigma Lithium has been conducting continued exploration work with the goal of further increasing the mineral resources, focusing on outlining a deposit which will comprise a Phase 4, expected to be larger than 20Mt, with the resource estimate update expected to be completed in 2023. Substantial increase in the estimated mineral resources strengthens the position of Sigma Lithium's 100% owned Grota do Cirilo Project (the \"Project\") as the largest and highest quality hard rock mineral deposits in the Americas and among the largest in the world. VANCOUVER, BC, Dec. 20, 2022 /CNW/ -- SIGMA Lithium Corporation (\"Sigma Lithium\" or the \"Company\") (NASDAQ: SGML, TSXV: SGML), dedicated to powering the next generation of electric vehicles with environmentally and socially sustainable high-purity lithium, is pleased to announce that it has commenced commissioning of its Greentech Plant on schedule and within budget. \"We have rapidly advanced the commissioning of the Greentech Plant, as planned, on schedule and on budget this month. Our technical team, led by Calvyn Gardner and Brian Talbot, has worked tirelessly and relentlessly this quarter to make that happen. Our stelar team is what makes Sigma so unique: Simultaneou...