OPERATIONAL UPDATE
• Sigma Lithium reaches second shipment targets on schedule:
o Completes trucking of 15,000 tonnes of Triple Zero Green Lithium and 30,000 tonnes
of Triple Zero Green By-Products (“Green By-Products") to Vitoria Port in Brazil.
• Reaffirms outlook for production of 130,000 tonnes of chemical grade Triple Zero Green
Lithium by December 2023.
• Continues to accelerate towards annualized production capacity of 270,000 tonnes of
Triple Zero Green Lithium (nameplate production capacity); on track to achieve by the end
of Q3 2023.
• Delivered first shipment consisting of 15,000 tonnes of Triple Zero Green Lithium and
16,500 tonnes of Green By-Products on July 27, 2023, at a price of approximately
US$3,500 per tonne and US$350 per tonne, respectively, achieving net zero carbon 27
years ahead of the 2050 target set by the global metals and mining industry.
• Upcoming shipments include:
o 15,000 tonnes of Triple Zero Green Lithium planned imminently.
o 30,000 tonnes of Triple Zero Green By-Products planned for mid-September.
o 18,000 tonnes of Triple Zero Green Lithium planned for end of September.
• Advancing plans to triple production capacity (“Production Expansion”); accelerating
detailed engineering to quote capital expenditures at FEL3 level.
o Formal investment decision and kick-off of earthworks and ordering of long-lead
items expected to occur by the end of September.
o The Company is engaged with Brazilian and global development financing institutions
to fund the Production Expansion.
• Plans to publish an updated resource estimate, including the areas at Phase 4, in the
coming weeks.
• A video highlighting the company's successful production ramp-up can be viewed at the
following link: Production and Shipment Video on Vimeo

see & read more on
https://ir.sigmalithiumresources.com/wp-content/uploads/2023/09/2023-09-01-SGML-Press-Release-Q2-Financials-vFinal.pdf