Sigma Lithium (NASDAQ:SGML) announced last week that it received the first payment on its first shipment under a three-year environmental offtake agreement to sell 100% of its Green Tailings together with one spot shipment of 15,000 tonnes of Green Lithium.
Offtake is with Yahua, which services LG Chem, LG Energy Solution and other original equipment manufacturers.
Ana Cabral-Gardner, Sigma Lithium CEO and Co-Chairperson said that the mining process is low impact.
“Achieving Zero Tailings marks a major milestone for Sigma Lithium and for the battery materials industry, demonstrating that lithium battery materials can be produced in harmony with the environment and without hazardous tailings dams,” said Cabral-Gardner. “Our Zero Tailings strategy enables Sigma Lithium to lead the way in the inception of a sustainable global supply chain for the next generation of electric vehicles built in line with the ethos of the consumer to meet the accelerated global demand for lithium.”
“Reaching Zero Tailings is a result of our consistent investments in clean technologies over the last five years to deliver on our commitment to achieve a green process flowsheet for lithium materials. The successful operation of our Greentech Plant, which uses 100% renewable energy, 100% recycled water and 100% dry-stacked tailings, is a testament to this commitment and a model of environmental sustainability.”
