The company is in pre-construction (including the EPC and “contract-readiness” of core construction suppliers) of its larger-scale lithium concentration commercial production plant (the “Commercial Production Plant”). Based on the Feasibility Study Report the Commercial Production Plant will contemplate a capacity of 270,000 tonnes annually of battery-grade “green” lithium concentrate and Sigma will be amongst the lowest-cost producers of lithium concentrate globally. The Feasibility Study Report was updated to include the development of the Project’s second deposit, contemplating production at the rate of 768,000 tonnes per annum (Phase 2 & 3 of the Project).

To secure a leading position supplying the clean mobility and green energy storage value chain, Sigma has adhered to the highest standards of environmental practices in line with its core values and mission since starting activities in 2012. Sigma’s production process is powered by hydroelectricity and the Company utilizes state-of-the-art dry-stacking tailings management and water-recycling techniques in its beneficiation process. Its corporate mission is to execute its strategy while embracing strict ESG principles. Sigma’s shareholders include some of the largest ESG-focused institutional investors in the world.