Sigma Lithium Announces Additional Sale of 150,000t plus 350,000t Optional of High Purity Lithium Fines; Production-Backed Revolver of US$96 Million
Executive Summary
The commercial success demonstrates the quality of Sigma Lithium's processing capabilities, with clients achieving up to 60% recovery rates when reprocessing the low-grade material into concentrate containing over 4% lithium oxide content. This reprocessed material commands approximately US$1,370 per tonne according to Shanghai Metals Market pricing. The Low Grade Product sale could generate proceeds equivalent to selling 70,000 tonnes of the company's premium high-grade lithium oxide concentrate.
Simultaneously, Sigma Lithium activated a US$96 million production-backed revolving credit facility with a leading battery materials supply chain company. This unsecured facility provides for the supply of 70,500 tonnes of high-grade lithium concentrate during 2026, with US$8 million prepayments occurring 30 days before each production and delivery cycle. The pricing mechanism preserves full exposure to lithium price upside while providing near-term liquidity support.
This dual announcement reinforces Sigma Lithium's position as a significant lithium producer operating Brazil's fifth-largest industrial-mineral complex for lithium oxide concentrate. The company's Greentech Industrial Plant combines environmental sustainability with commercial viability, utilizing 100% renewable electricity and zero toxic chemicals while maintaining a nameplate capacity of 270,000 tonnes annually. Construction of a second plant to double production capacity is already underway, positioning the company to capitalize on growing electric vehicle battery demand.
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