Sigma Lithium announces loading 22,000T shipment with 85% prepayment at Premium Prices

Sigma Lithium Corporation, a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces it has commenced the on-time loading of its eighth shipment of quintuple zero green high-purity coarse lithium concentrate (“Quintuple Zero High-Purity Lithium”) , totaling 22,000 tonnes, at the Port of Vitoria.

The achieved price is final and non-provisional and represents a meaningful increase over the previous premium prices achieved. As a reference, the final price net of VAT is equivalent to 8.75% of the LME Lithium Hydroxide CIF market price, as previously disclosed in a news release on March 27, 2024. 85% of the eighth shipment’s value has also been prepaid.

Keith Prentice, Co-General Manager commented: “The site team has been executing at a high level, with the Greentech Plant delivering at the predictable cadence of an established producer.”

Catarina Noci, Commercial Director commented: “We believe the market is now just starting to attribute value to Sigma’s superior product qualities. We can build on the traction gained in April, with early indications pointing to better economics for our upcoming May shipment.”