VANCOUVER, BC, June 13,
2023 /CNW/ -- SIGMA Lithium Corporation
("Sigma Lithium" or the "Company") (NASDAQ: SGML,
TSXV: SGML), dedicated to supplying the next generation of
electric vehicles with environmentally sustainable and high-purity
lithium, is pleased to announce its official sponsorship of The
Aspen-Columbia Global Energy Forum, a collaborative effort between
The Aspen Institute's Energy & Environment Program and The
Center on Global Energy Policy. Sigma Lithium is honored to partner
with The Aspen-Columbia Global Energy Forum which gathers leaders
from around the world representing a range of industries,
governments, thought leaders, and global institutions to discuss
global energy transitions, markets, geopolitics, and security.
Sigma Lithium's participation in the three-day Aspen-Columbia
Global Energy Forum, taking place in Paris, France from June
11-13, 2023, represents another milestone in the company's
commitment to the environmental sustainability of the lithium
mining industry through innovation and global collaboration.
Sigma Lithium CEO and Co-Chairperson Ana
Cabral-Gardner said the following about this important
partnership: "We are honored to join the group of corporate
sponsors partnering with the Aspen Institute and Columbia University. As the urgency of climate
change and its far-reaching implications continue to grow, this
collaboration between public and private sectors to provide
solutions for greater environmental sustainability in the energy
transition is of critical importance, as it increases dialogue and
understanding. Successfully navigating the implementation of new
industrial and trade policies, as well as future C-bans by the
large consumer countries, is one of the greatest challenges for
global suppliers of battery materials."
ABOUT SIGMA LITHIUM
Sigma Lithium (NASDAQ: SGML, TSXV: SGML) is a company
dedicated to powering the next generation of electric vehicle
batteries with environmentally sustainable and high-purity
lithium.
Sigma Lithium has been at the forefront of environmental and
social sustainability in the EV battery materials supply chain for
six years and it is currently producing Green Lithium from its
Grota do Cirilo Project in Brazil.
Phase 1 of the project is expected to produce 270,000 tonnes of
Green Lithium annually (36,700 LCE annually). Phase 2 & 3 of
the project are expected to increase production to 766,000 tonnes
annually (or 104,200 LCE annually), assuming the detailed
engineering workstream and FEL3 CAPEX assessment currently being
conducted by DRA supports an investment decision. The project
produces Green Lithium in a state-of-the-art Greentech lithium
plant that uses 100% renewable energy, 100% recycled water and 100%
dry-stacked tailings. Please refer to the Amended and Restated
Technical Report, which is filed on SEDAR and is also available on
the Company's website.
For more information about Sigma Lithium,
visit https://www.sigmalithiumresources.com/
Sigma Lithium
LinkedIn: Sigma Lithium
Instagram: @sigmalithium
Twitter: @SigmaLithium
FORWARD-LOOKING STATEMENTS
This news release
includes certain "forward-looking information" under applicable
Canadian and U.S. securities legislation, including but not limited
to statements relating to timing and costs related to the general
business and operational outlook of the Company, the environmental
footprint of tailings and positive ecosystem impact relating
thereto, donation and upcycling of tailings, timing and quantities
relating to tailings and Green Lithium, achievements and
projections relating to the Zero Tailings strategy, achievement of
ramp-up volumes, production estimates and the operational status of
the Groto do Cirilo Project, and other forward-looking information.
All statements that address future plans, activities, events,
estimates, expectations or developments that the Company believes,
expects or anticipates will or may occur is forward-looking
information, including statements regarding the potential
development of mineral resources and mineral reserves which may or
may not occur. Forward-looking information contained herein is
based on certain assumptions regarding, among other things: general
economic and political conditions; the stable and supportive
legislative, regulatory and community environment in Brazil; demand for lithium, including that
such demand is supported by growth in the electric vehicle market;
the Company's market position and future financial and operating
performance; the Company's estimates of mineral resources and
mineral reserves, including whether mineral resources will ever be
developed into mineral reserves; and the Company's ability to
operate its mineral projects including that the Company will not
experience any materials or equipment shortages, any labour or
service provider outages or delays or any technical issues.
Although management believes that the assumptions and expectations
reflected in the forward-looking information are reasonable, there
can be no assurance that these assumptions and expectations will
prove to be correct. Forward-looking information inherently
involves and is subject to risks and uncertainties, including but
not limited to that the market prices for lithium may not remain at
current levels; and the market for electric vehicles and other
large format batteries currently has limited market share and no
assurances can be given for the rate at which this market will
develop, if at all, which could affect the success of the Company
and its ability to develop lithium operations. There can be no
assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. The Company
disclaims any intention or obligation to update or revise any
forward-looking information, whether because of new information,
future events or otherwise, except as required by law. For more
information on the risks, uncertainties and assumptions that could
cause our actual results to differ from current expectations,
please refer to the current annual information form of the Company
and other public filings available under the Company's profile at
www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
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SOURCE Sigma Lithium