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Sigma Lithium to Reach Full Annualized Production Capacity of 270,000 Tonnes of Triple Zero Green Lithium in Third Quarter
Files Q1 23' Financial Statements and plans to file Q2 23' by end of August PRODUCTION Sigma Lithium achieved planned production targets at its Greentech Indust
About this update from Sigma Lithium Corporation
[{"type":"text","content":" Files Q1 23' Financial Statements and plans to file Q2 23' by end of August PRODUCTION Sigma Lithium achieved planned production targets at its Greentech Industrial Plant in Brazil. On track to produce 130,000 tonnes of Chemical Grade Triple Zero Green Lithium by December 2023. Expects to consistently reach an annualized production of 270,000 tonnes of Triple Zero Green Lithium by the end of Q3 2023 (\"designed nameplate capacity\"). Upcoming shipments: 15,000 tonnes of Triple Zero Green Lithium planned for end of August. 30,000 tonnes of Green Byproducts (tailings) planned for mid-September. 18,000 tonnes of Triple Zero Green Lithium planned for end of September. Achieved record DAILY production of 846 tonnes of Chemical Grade Triple Zero Green Lithium in August. 95% of production capacity reached in August (month-to-date). Plant utilization has reached 85% (\"designed utilization capacity\"). Successfully calibrated the pioneering dry stack tailings circuit in July, allowing rapid increase of production capacity of the Greentech Plant. Innovative adjustment of filtration systems and membranes, and plans for additional filtration equipment. Greentech Plant significantly progressed towards reaching \"designed recovery rates\": Achieved nameplate 65% recovery rates of lithium Li2O from spodumene ore during several consecutive days in August. Greentech Industrial Plant is able to successfully produce 6.3% Li2O Chemical Grade Triple Zero Green Lithium utilizing feedstock from mine. SUSTAINABILITY Sigma Lithium continues to be a leader in social and environmental responsibility, setting new paradigms of sustainability in the battery materials industry: Initiated construction of two flagship social initiatives: Full renovation of the rural community school in Poco Dantas, implementing full time educational and after school programs and increasing number of classrooms to mitigate \"multi-grade\" learning. Construction of a new bridge over Piaui creek to ensure shorter rural community access to urban centers through federal highway. Outstanding success of the homecoming program relocating professionals to the Vale do Jequitinhonha lithium valley (\"Brazil Green Lithium Valley\") who were \"born and bred\" in the region: Reached the outstanding level of 85% of total employees from Araçuaí and Itinga at Brazil Green Lit...