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Friday, Sep 22, 2023
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Alternative Energy

Sigma Lithium CEO to discuss ‘Green Brazil’ with President Lula

The dialogue will take place on Monday at the presidential Palácio do Planalto in Brasília

Sigma Lithium CEO discusses 'Green Brazil' with President Lula, highlights 'zero tailings' lithium production
Photo via Sigma Lithium

Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML) will sit with the president of Brazil Luiz Inacio Lula da Silva and the Environment and Climate Change Minister to discuss environmental issues related to the industry.

Sigma announced Tuesday that the dialogue is scheduled for Monday afternoon and will take place at the presidential Palácio do Planalto in Brasília.

Ana Cabral-Gardner, CEO and co-chairperson of Sigma Lithium, will be attending the event alongside other influential business leaders, environmentalists, representatives of civil society, congressmen and senior members of the federal government.

Other Sigma Lithium executives attending the event include the Institutional Relations Director Ligia Pinto, Chief Marketing Officer Marina Bernardini and Vicente Lobo Co-Chair of the Technical Committee Vicente Lobo.

“On this World Environment Day, we are honoured to join this ceremony to celebrate ‘Green Brazil’ with the Brazilian federal government,” Cabral-Gardner said.

“Sigma Lithium’s contribution to environmental sustainability has been widely recognized, placing Brazil on a unique trajectory in the lithium industry,” she added.

“We are the only ‘Zero Tailings’ global producer, and our efficient water usage, low carbon, and zero chemicals drive our competitive advantage as a supplier of ‘Green Lithium’ and ‘Green Tailings’, contributing to the ‘Green Battery’ for electric vehicles.”

Read more: Sigma Lithium and Brazil celebrate ‘Lithium Valley’ initiative

Read more: Sigma Lithium delivers first shipment of 146 tonnes of green lithium

Sigma Lithium to sell tailings

Sigma Lithium has recently started producing high purity 5.5 per cent battery-grade sustainable lithium “Green Lithium” in April this year, using 100 per cent renewable energy and recycled water at its Greentech lithium processing plant.

The company also announced a pioneering deal to move towards “Zero Tailings” by selling its high-purity, zero chemicals, approximately 1.3 per cent lithium oxide, ultra-fine tailings generated by the Greentech Plant (Green Tailings). The company’s first shipment of 15,000 tonnes of Green Lithium and 15,000 tonnes of Green Tailings is expected in June 2023.

Sigma is currently producing Green Lithium from its Grota do Cirilo Project in Brazil. The project is expected to produce 270,000 tonnes of Green Lithium annually in its first phase.

The second and third phases, subject to an ongoing feasibility study, are expected to increase production to 766,000 tonnes annually. The project uses 100 per cent renewable energy, 100 per cent recycled water and 100 per cent dry-stacked tailings in a state-of-the-art Greentech lithium plant.


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