HIGHLIGHTS
- Sigma Lithium has been featured for its pioneering practices
applying clean technologies to deliver net zero carbon and
environmental and social sustainability in global industrial supply
chains for a fourth consecutive Conference of Parties ("COP").
- Sigma Lithium has solidified its position at the forefront
of decarbonized sustainable supply chains for electric vehicles, as
a producer of Triple Zero industrial lithium materials, anchoring
Brazil's contribution to
industrial decarbonization.
- Sigma Lithium joins leaders at COP28 UAE in
Dubai where they have
actively participated in the global dialogue to limit global
warming to 1.5C above pre-industrial levels, while delivering a
just transition, avoiding climate and humanitarian crisis.
- CEO Ana Cabral to deliver a series of addresses,
including a keynote presentation at the Investment Track of
COP28 to global and business leaders
on "Decarbonizing Supply Chains and Accelerating Industrial
Transition."
- Sigma Lithium has seven executives nominated as
representative parties to the United Nations Convention on Climate
Change (UNCCC), where they have been actively engaged in the
critical dialogues on the decarbonization of global industrial and
mineral supply chains.
- Underscoring its pioneering role in delivering social
sustainability in industrial and mineral supply chains, the Company
brought to COP, for the third consecutive year, a delegation of
technical representatives appointed by the towns of Itinga and
Aracuai at Vale do Jequitinhonha in Brazil.
- Sigma Lithium guests from Vale do Jequitinhonha are "UNCCC
Parties" with full access to the "Blue Zone" and the "Plenary," and
are actively engaged in the dialogue about achieving social
sustainability and a just energy transition at COP28.
SAO
PAULO, Dec. 5, 2023 /CNW/ -- Sigma Lithium
Corporation ("Sigma Lithium" or the "Company")
(NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34), a leading global
lithium producer dedicated to powering the next generation of
electric vehicles with carbon neutral, responsibly sourced chemical
grade lithium concentrate, has been featured at various events
during COP28 in Dubai, United
Arab Emirates for its clean technology, pioneering practices
in environmental sustainability, and positive social impact for a
fourth consecutive COP.
Since 2019, Sigma Lithium has participated at COP to help shape
the global dialogue on environmental and social sustainability in
industrial and mineral supply chains. The Company has been at the
forefront of thought leadership through a series of prestigious
speaking events during COP28. More
importantly, it has been consistently engaging directly with world
leaders in bilateral meetings and closed discussions regarding the
development of supply chains that promote a just energy transition
by embodying the principles of decarbonization, ecosystem
preservation, and social justice.
Key topics to be discussed at COP28 will include supply chain decarbonization,
Brazil's initiatives to leverage
its natural resources to build industrial capabilities enabling
decarbonization, the mining industry's role in enabling the energy
transition, as well as discussions led by the First Lady of
Brazil, Rosângela Lula da Silva, on women's economic and political
empowerment.
"Since inception, Sigma Lithium has focused on supporting a
just global energy transition by pioneering new mining practices
governed by social and environmental sustainability. Our innovative
lithium Greentech industrial operations in Brazil demonstrate the magnitude of what can
be achieved when the public and private sectors come together and
align, in the spirit of collaboration, to transform and bring
prosperity to a region with reverberations across industrial supply
chains around the world," said Cabral.
"I am honored to return to COP for a fourth time as a
delegate with Sigma and for the fourteenth time as a party, to have
the opportunity to share Sigma's impressive sustainability story
with this global audience of heads of state and renowned business
and community leaders, particularly at such a critical moment for
our planet. I am also very proud that the Sigma Lithium team
has been part of the largest delegation Brazil has ever brought to COP, a testament to
the deep, ongoing commitment of the Brazilian Government and
President Lula to taking a leadership position on a just global
decarbonization that brings social equity." She
concluded.
Sigma Lithium's leadership at COP28 this year builds on its track record of
significant contributions to the climate dialogue globally. In
addition to its previous COP appearances dating back to
COP25 in Madrid, Spain, Cabral recently took the stage
at the 7th Edition of the Future Investment Initiative (FII7) in
Riyadh, Saudi Arabia to share the
Company's vision and strides towards building the most sustainable
lithium company in the world. Sigma Lithium has also partnered with
the Aspen-Columbia Global Energy Forum, a collaborative effort
between The Aspen Institute's Energy & Environment Program and
The Center on Global Energy Policy.
SCHEDULE OF SIGMA LITHIUM CEO KEYNOTE ADDRESSE AND SPEAKING
EVENTS
Keynote Address
Keynote Address at World Climate Summit – The Investment
COP 2023
Topic: Decarbonizing
Supply Chains - Accelerating Industry Transitions by Tackling Scope
1, 2, and 3 Emissions.
Date and time: Friday 12.08.2023 from
2:35pm to 3:20pm
Panel Discussions
Panel 1: Energy Transition: The World Can Count on
Brazil
Date and time:
Wednesday 12.06.2023 from
3:00pm to 4:15pm
Location: Brazil Pavilion - Blue Zone at COP28 in Dubai ExpoCity
Panel 2: How do agribusiness and mining shape the
future?
Date and time: Saturday 12.09.2023
from 3:00pm to 5:15pm
Location: Auditorium 1 - Brazil Pavilion - Blue Zone at
COP28 in Dubai ExpoCity
Panel 3: McKinsey &Co Challenges and opportunities along
the value chain
Date and time: Monday 12.11.2023 from 3:00pm to
3:45pm
Location: McKinsey &Co Pavilion at COP28 in Dubai ExpoCity
USHERING A NEW SUSTAINABILITY STANDARD IN THE BATTERY
MATERIALS INDUSTRY
Sigma Lithium began producing battery-grade, carbon neutral,
zero hazardous chemicals and zero tailings sustainable lithium
("Triple Zero Green Lithium") in April of this year, in a process
that uses 100% renewable energy and recycled water at its Greentech
lithium processing plant ("Greentech Plant"). The Company announced
a deal to achieve "Zero Tailings" by selling the high-purity, zero
hazardous chemicals, approximately 1.3% lithium oxide, ultra-fine
tailings generated by the Greentech Plant ("Green By-Products") to
be upcycled into battery grade lithium concentrate for use in
electric vehicle battery production.
Sigma began delivering shipments of Triple Zero Green Lithium
and Green By-Products in July 2023
and last week announced a new 22,000 tonne shipment of Triple Zero
Green Lithium concentrate to Glencore at premium pricing, marking
its 4th shipment to date. The shipment is part of a
commercial distribution and marketing agreement with Glencore that
aims to build a low carbon, environmentally and socially
sustainable global lithium supply chain for electric vehicles.
Due to the low carbon content of Sigma Lithium's products, as
well as its environmentally sustainable production methods, the
Company's carbon footprint was offset with carbon credits purchased
from Carbonext (its Projects in the Amazon Region of Brazil are verified through Verra Verified
Carbon Standard), making the shipment carbon neutral.
SIGMA LITHIUM'S TRIPLE ZERO GREEN LITHIUM: THE FOUNDATION OF
A DECARBONIZED AND SUSTAINABLE INDUSTRIAL SUPPLY CHAIN FOR
ELECTRIC VEHICLES
The Company's Triple Zero Green Lithium is produced at its
state-of-the-art Greentech lithium plant at its Grota do Cirilo
Project in Brazil, the first
lithium project in the world without a tailings dam. With 100%
dry-stacked tailings and the absence of hazardous chemical products
for processing lithium, the Company is preventing water and soil
contamination and contributing to the preservation of rivers and
forests in the region.
The Company's main achievements towards abating its carbon
footprint include:
- Zero tailings: 100% dry stacked tailings, with all
by-products eliminated through sales or upcycling to pave
roads.
- Zero hazardous chemicals: Utilizes Dense Medium
Separation ("DMS") at the Greentech plant, which does not utilize
hazardous chemicals.
- Water efficiency: Utilizes 100% sewage water for its
plant, fully recirculated.
- Water preservation: Preserves 100% of the Piaui Creek
source of drinking water for the communities living around Sigma
Lithium.
- Clean renewable energy: Utilizes 100% clean renewable
energy for its Greentech Plant via "behind the meter" supply
agreements.
- Biodiesel: Utilizes biodiesel fuel in some of its
trucking fleet, with plans to increase to up to 50% by 2025.
- Explosives / ANFO: Decreased explosives load with
computerized load simulation strategies.
ABOUT COP
Conference of the Parties happens
simultaneously with the United Nations Convention on Climate Change
(UNCCC). COP28 is hosted by the
United Arab Emirates and is taking
place from November 30 to December 12
at Expo City, Dubai
in the United Arab Emirates. As the world's highest
decision-making process on climate issues, it is expected to host
over 70,000 delegates, including heads of state and world leaders,
to build consensus and facilitate progress on climate action among
197 countries, the EU and thousands of non-government
organizations, companies, youth groups, and other stakeholders.
ABOUT SIGMA LITHIUM
Sigma Lithium (NASDAQ: SGML, TSXV:
SGML, BVMF: S2GM34) is a leading global lithium producer dedicated
to powering the next generation of electric vehicle batteries with
carbon neutral, socially and environmentally sustainable
chemical-grade lithium concentrate.
Sigma Lithium has been at the forefront of environmental and
social sustainability in the EV battery materials supply chain for
six years and it is currently producing Triple Zero Green Lithium
from its Grota do Cirilo Project in Brazil. Phase 1 of the project is expected to
produce 270,000 tonnes of Triple Zero Green Lithium annually
(36,700 LCE annually). If it is determined to proceed after
completion of an ongoing feasibility study, Phase 2 & 3 of the
project are expected to increase production to 766,000 tonnes
annually (or 104,200 LCE annually). The project produces Triple
Zero Green Lithium in its state-of-the-art Greentech lithium plant
that uses 100% renewable energy, 100% recycled water and 100%
dry-stacked tailings.
Please refer to the Company's National Instrument 43-101
technical report titled "Grota do Cirilo Lithium Project Araçuaí
and Itinga Regions, Minas Gerais, Brazil, Amended and Restated Technical Report"
issued June 12, 2023, which was
prepared for Sigma Lithium by Homero
Delboni Jr., MAusIMM, Promon Engenharia; Marc-Antoine Laporte, P.Geo, SGS Canada Inc;
Jarrett Quinn, P.Eng., Primero Group
Americas; Porfirio Cabaleiro
Rodriguez, (MEng), FAIG, GE21 Consultoria Mineral; and
Noel O'Brien, B.E., MBA, F AusIMM
(the "Updated Technical Report"). The Updated Technical Report is
filed on SEDAR and is also available on the Company's website.
For more information about Sigma Lithium, visit
https://www.sigmalithiumresources.com/
Sigma Lithium
LinkedIn: Sigma
Lithium
Instagram: @sigmalithium
X (Twitter): @SigmaLithium
FORWARD-LOOKING STATEMENTS
This news release
includes certain "forward-looking information" under applicable
Canadian and U.S. securities legislation, including but not limited
to statements relating to timing and costs related to the general
business and operational outlook of the Company, the environmental
footprint of tailings and positive ecosystem impact relating
thereto, donation and upcycling of tailings, timing and
quantities relating to tailings and Green Lithium, achievements and
projections relating to the Zero Tailings strategy, achievement of
ramp-up volumes, production estimates and the operational status of
the Grota do Cirilo Project, and other forward-looking information.
All statements that address future plans, activities, events,
estimates, expectations or developments that the Company believes,
expects or anticipates will or may occur is forward-looking
information, including statements regarding the potential
development of mineral resources and mineral reserves which may or
may not occur. Forward-looking information contained herein is
based on certain assumptions regarding, among other things: general
economic and political conditions; the stable and supportive
legislative, regulatory and community environment in Brazil; demand for lithium, including that
such demand is supported by growth in the electric vehicle market;
the Company's market position and future financial and operating
performance; the Company's estimates of mineral resources and
mineral reserves, including whether mineral resources will ever be
developed into mineral reserves; and the Company's ability to
operate its mineral projects including that the Company will not
experience any materials or equipment shortages, any labour or
service provider outages or delays or any technical issues.
Although management believes that the assumptions and expectations
reflected in the forward-looking information are reasonable, there
can be no assurance that these assumptions and expectations will
prove to be correct. Forward-looking information inherently
involves and is subject to risks and uncertainties, including but
not limited to that the market prices for lithium may not remain at
current levels; and the market for electric vehicles and other
large format batteries currently has limited market share and no
assurances can be given for the rate at which this market will
develop, if at all, which could affect the success of the Company
and its ability to develop lithium operations. There can be no
assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. The Company
disclaims any intention or obligation to update or revise any
forward-looking information, whether because of new information,
future events or otherwise, except as required by law. For more
information on the risks, uncertainties and assumptions that could
cause our actual results to differ from current expectations,
please refer to the current annual information form of the Company
and other public filings available under the Company's profile at
www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
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SOURCE Sigma Lithium