Sigma Lithium Trucks Green Lithium and Tailings to Vitoria Port IN Preparation of 15,000 Tonne Shipment of Each Product IN May
| 1
SIGMA LITHIUM TRUCKS GREEN LITHIUM AND TAILINGS TO
VITORIA PORT IN PREPARATION OF 15,000 TONNE SHIPMENT
OF EACH PRODUCT IN MAY
• Sigma Lithium’s first trucks loaded with Battery Grade High Purity Sustainable Lithium (“Green
Lithium”) and its dry stacked, zero chemicals high purity tailings (“Green Tailings”) successfully
arrived at the Company’s two separate warehouse locations at Vitoria Port
• A total of 10 trucks were loaded on schedule this week, starting on Monday, April 24 :
o 4 trucks with approximately 146 tonnes of Green Lithium
o 6 trucks containing Green Tailings to be upcycled into Battery Grade Lithium Concentrate
• On Wednesday, April 26, the trucks started to arrive at Brazil’s Vitoria Port, recently selected for its
enhanced logistics capabilities
o Vitoria Port is best suited for Sigma Lithium’s increasing export operational scale, resulting
from the successful market receptivity for its Green Tailings
• The Company remains on track to achieve full Phase 1 production capacity of 270,000 tonnes per
annum by July 2023
VANCOUVER, CANADA – (April 27, 2023) – SIGMA Lithium Corporation (“Sigma Lithium” or the “Company”)
(NASDAQ: SGML, TSXV: SGML) , dedicated to powering the next generation of electric vehicles with Green
Lithium, announced that it has successfully loaded the first trucks for its inaugural shipment of Green Lithium and
tailings containing low grade concentrate from its Grota do Cirilo project in Brazil.
The loading consisted of two trucks with approximately 74 tonnes of Green Lithium, and three trucks with tailings,
approximately 116 ton nes in total. The loading process was completed quickly, with each truck taking
approximately five minutes to load. The logistics chain beginning in the plant in Araçuaí, which is specially designed
to handle Sigma Lithium’s concentrate and tailings operations simultaneously, has proven effective and the trucks’
loading and tra nsition were completed quickly and seamlessly from plant to warehouse . The two products are
being stored in a segregated manner and each one has a tailored logistical approach, ensuring safe transport and
accurate forwarding of the material. The trucks arrived at the warehouses in Brazil’s Vitoria Port on Wednesday
for discharge.
Product shipment volume continues to increase daily and is on track to achieve the expected ramp-up volumes.
Ana Cabral -Gardner, Sigma Lithium CEO and Co -Chairperson, congratulates the Sigma Lithium team and
reiterates plans to complete the first shipment in May.
“We are thrilled to achieve this milestone, which demonstrates our continued progress and rapid ascent to become
one of the world’s largest lithium producers,” said Cabral-Gardner. “We are proud that our project will enable Brazil
to be a leader in the energy transition as a key supplier of raw materials that can be mined and processed in a
sustainable way for our environment and our communities. We look forward to providing a further update at our
next earnings announcement as we continue to meet our production targets and ramp up to full production
capacity.”
| 2
Figure 1: Sigma Lithium’s first truck loading for its inaugural shipment of Green Lithium and Tailings
Figure 2: Sigma Lithium’s loaded truck arriving at Vitoria Port
- End -
| 3
ABOUT SIGMA LITHIUM
Sigma Lithium (NASDAQ: SGML, TSXV: SGML) is a company dedicated to powering the next generation of
electric vehicle batteries with environmentally sustainable and high-purity lithium.
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 Green Lithium from its Grota do Cirilo Project in Brazil.
Phase 1 of the project is expected to produce 270,000 tonnes of 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
Green Lithium in a state -of-the-art Greentech lithium plant that uses 100% renewab le energy, 100% recycled
water and 100% dry-stacked tailings.
For more information about Sigma Lithium, visit https://www.sigmalithiumresources.com/
FOR ADDITIONAL INFORMATION PLEASE CONTACT
Jamie Flegg, Chief Development Officer
(Toronto) +1 (647) 706-1087
Daniel Abdo, Chief Communications Officer
(Sao Paulo) +55 11 2985-0089
Sigma Lithium
Sigma Lithium
@sigmalithium
@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 including production estimates and projected cash flows; timing for the commissioning of the Greentech Plant
and commencement of commercial production, completion of the report relating to the Greentech Plant expansion expectations
as to the commen cement of cash flow and whether such cash flows can support the Greentech Plant expansion, operational
status, the Company meeting its social and climate initiative and objectives, and other forward -looking information. All
statements that address future p lans, 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 (including bu t
not limited to the impact of the continuance or escala tion of the military conflict between Russia and Ukraine, and economic
sanctions in relation thereto); the stable and supportive legislative, regulatory and community environment in Brazil; anticipated
trends and effects in respect of the COVID-19 pandemic and post-pandemic; 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 develop and achieve production at its mineral projects including
| 5 that the Company will not experience any materials or equipment shortages, any labour or service provider outages or delays
or any technical issues in the course of final commissioning or in respect of the Greentech Plant, the expected positive resu lts
of the engineering report. Although management believes that the ass umptions and expectations reflected in the forward -
| 4
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 u ncertainties, including but not limited to that the
Company may not develop its mineral projects into a commercial mining operation; 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 Comp any
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 o ur 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.