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Sigma Lithium Corporation (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML) has announced the sale of its 10th shipment of Quintuple Zero Green Lithium. The shipment, totaling 22,000 tonnes, is priced at a premium floating rate of 8.75% LME Lithium Hydroxide (CIF Shanghai basis).
Quintuple Zero Green Lithium Shipment Details
The shipment will depart in early July. This marks the first 11 months of consistent deliveries, showcasing Sigma Lithium’s operational discipline.
On June 30, 2024, Sigma completed a FOB export sale of 17,200 tonnes of Quintuple Zero Lithium concentrate at Victoria Port’s warehouse. An additional 4,800 tonnes will be shipped in early July to reach the total of 22,000 tonnes.
Consistent High-Quality Deliveries
Sigma Lithium continues to refine its strategy due to robust demand for its high-quality lithium concentrate. The unique product offers customers up to 30% cost savings due to high purity and low contaminants.
CEO and Co-Chairperson Ana Cabral stated: “Sigma Lithium has proven to be a reliable and sustainable producer. Our clients experience significant ‘value-in-use’ benefits from our high-purity product.”
Premiumization Strategy
Commercial Director Catarina Noci adds: “Our strategy involves floating our formula on the LME lithium hydroxide price. This approach offers price predictability to battery and auto makers.”
About Sigma Lithium
Sigma Lithium is a leading global producer dedicated to advancing the electric vehicle battery market with sustainable lithium. Operating in Brazil, the company has an annual capacity of 270,000 tonnes of chemical-grade lithium concentrate. The company’s state-of-the-art Greentech lithium plant produces zero carbon lithium without using dirty power, potable water, toxic chemicals, or tailings’ dams.
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