{"id":5913,"date":"2024-04-01T09:34:25","date_gmt":"2024-04-01T12:34:25","guid":{"rendered":"https:\/\/sigmalithiumresources.com\/sigma-lithium-announces-final-investment-decision-and-initiation-of-construction-to-double-production-capacity-to-520000t-y\/"},"modified":"2024-04-01T09:34:25","modified_gmt":"2024-04-01T12:34:25","slug":"sigma-lithium-announces-final-investment-decision-and-initiation-of-construction-to-double-production-capacity-to-520000t-y","status":"publish","type":"post","link":"https:\/\/sigmalithiumresources.com\/sigma-lithium-announces-final-investment-decision-and-initiation-of-construction-to-double-production-capacity-to-520000t-y\/","title":{"rendered":"SIGMA LITHIUM ANNOUNCES FINAL INVESTMENT DECISION AND INITIATION OF CONSTRUCTION TO DOUBLE PRODUCTION CAPACITY TO 520,000t\/y"},"content":{"rendered":"
Reports Unaudited Financial Information For 4Q23 And Full Year 2023 <\/i><\/b><\/p>\n
(All Figures in US$)<\/i><\/b><\/p>\n
FINAL INVESTMENT DECISION: CONSTRUCTION OF PHASE 2 INDUSTRIAL PLANT<\/b><\/p>\n <\/b><\/li>\n <\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n <\/b><\/li>\n <\/b><\/li>\n 2023 TRANSFORMATIONAL YEAR: BECAME A MAJOR LITHIUM PRODUCER<\/b><\/p>\n <\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n <\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n SÃO PAULO <\/span>, April 1, 2024<\/span><\/span> \/CNW\/ — SIGMA Lithium Corporation<\/b> (“Sigma Lithium<\/b>” or the “Company<\/b>“) (NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, responsibly sourced lithium concentrate, today announced the Company’s Board of Directors has made a Final Investment Decision (“FID<\/b>“) to double production of its unique Quintuple Zero Green Lithium from current 270,000t\/y to 520,000t\/y. The Board of Directors approved the initiation of construction of a second line of its Greentech Industrial Plant (“Phase 2 Industrial Greentech Plant”) with Capex of $100mm (FEL3).<\/p>\n\n
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