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    Home»Mining & Resources»Sigma Lithium Maintains Consistent Operations by Shipping 22,000 Metric Tons of Quintuple Zero Green Lithium to Mitsubishi in Japan and Appoints Senior Executive Vice President in Corporate Finance.
    Mining & Resources

    Sigma Lithium Maintains Consistent Operations by Shipping 22,000 Metric Tons of Quintuple Zero Green Lithium to Mitsubishi in Japan and Appoints Senior Executive Vice President in Corporate Finance.

    Alexander LeeBy Alexander LeeOctober 13, 2024Updated:October 13, 2024No Comments2 Mins Read
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    Sigma Lithium Corporation, a leading global lithium producer, has successfully shipped its 12th vessel of Quintuple Zero Green Lithium to Mitsubishi, marking the company’s second sale to the Japanese industrial conglomerate. This shipment is part of Sigma Lithium’s ongoing efforts to deliver 60,000 tonnes of Quintuple Zero Green Lithium in the third quarter of the year.

    In addition to this operational milestone, Sigma Lithium has announced the appointment of Rogerio Marchini as the Executive Vice President of Corporate Finance and Chief Financial Officer. Marchini brings over 24 years of experience in finance, including significant roles at Origo and Embraer, two prominent companies in the industry.

    The price for the Quintuple Zero Green Lithium in this shipment is based on a provisional premium floating price equivalent to 8.25% of Lithium Hydroxide quoted at LME (CIF Shanghai basis). This consistent production schedule allows Sigma Lithium to enhance its commercial flexibility and expand its market footprint by engaging with leading global battery supply chains.

    Looking ahead, Sigma Lithium aims to further diversify its commercial strategy by forming additional partnerships in different regions. The Company’s success is underpinned by the unique properties and sustainable production practices associated with its Quintuple Zero Green Lithium.

    CEO and Co-Chairperson Ana Cabral expressed satisfaction with the collaboration with Mitsubishi and welcomed Rogerio Marchini to the finance team, emphasizing his role in strengthening the company’s financial operations. The company’s commitment to excellence and teamwork is reflected in the support provided by the existing finance team, ensuring a smooth transition for the new appointee.

    Furthermore, Sigma Lithium operates with a strong focus on environmental and social sustainability at its Grota do Cirilo Operation in Brazil, producing chemical-grade lithium concentrate with minimal environmental impact. The Company’s expansion plans aim to double capacity to 520,000 tonnes of concentrate, reinforcing its position as one of the world’s largest lithium producers.

    For more information about Sigma Lithium and its operations, visit the company’s official website. The Company remains committed to its mission of providing carbon-neutral, environmentally sustainable lithium products to power the next generation of electric vehicles.

    Sigma Lithium Corporation
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    Alexander Lee
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    Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.

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