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Sigma Lithium begins commissioning of its Greentech processing plant in Brazil

Vladimir Basov

Kitco News

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(Kitco News) - Lithium developer Sigma Lithium (NASDAQ, TSXV: SGML) announced Tuesday that it has commenced commissioning of its Greentech Plant in Brazil on schedule and within budget.

The company said that crushing circuit (“dry module”) commissioning commenced last week with all tests successfully completed and is expected to be completed by February 2023, adding that dense media separation circuit (“wet module”) commissioning expected to initiate in February 2023 and expects to be completed by April 2023.

Importantly, Sigma Lithium noted it remains on track to commence commercial production in April 2023.

The company also announced that it 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.

Sigma Lithium is currently in construction at its wholly owned Grota do Cirilo project in Brazil, which includes a state-of-the-art, green-tech processing plant that uses 100% renewable energy, 100% recycled water and 100% dry-stack tailings.

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By Vladimir Basov

For Kitco News

Contact vbasov@kitco.com
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