Sunday, October 19, 2025

Sigma Lithium Announces First Shipment Of Tailings And Green Lithium

Sigma Lithium (TSXV: SGML) is reporting this morning that it has managed to deliver on its zero tailings strategy amid production start up at its Grota do Cirilo Project in Brazil.

The strategy, as the name implies, centers around the company producing no waste material from the production of lithium carbonate, eliminating the need for hazardous tailings dams.

Instead, the company has entered into a “green tailings environmental offtake” arrangement, that will see up to 300,000 tonnes of green tailings sold per year for an initial three year term. The arrangement will see the firms tailings sold to a third party that then upcycles the tailings into battery grade lithium concentrate.

READ: Sigma Lithium Starts Production Of Lithium Concentrate

The “green tailings,” as referred to by Sigma, are said to contain 1.3% lithium oxide and zero chemicals, which is produced as a by-product in Sigma’s Greentech plant.

A spot sale arrangement has also been entered into for the sale of 15,000 tonnes of lithium.

The first payment on Sigma’s first shipment of the tailings, along with a shipment of green lithium, has reportedly been received, however limited financial details were provided. A 50% prepayment was reportedly received in advance, with the company being paid at a rate of 9% of the lithium hydroxide index, with adjustments for grade, processing and tolling.

The shipment is said to have been 30,000 tonnes in size, equally split between lithium and tailings.

Sigma Lithium last traded at $51.84 on the TSX Venture.


Information for this briefing was found via Sedar, Reuters, and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

Sigma Lithium Sues Ex-CEO As Messy Divorce Complicates Firm’s Buyout Outlook

Sigma Lithium (TSXV: SGML) has taken legal action by filing a lawsuit against its former...

Wednesday, August 23, 2023, 08:26:50 AM

Millennial Lithium Bidding War Reads Well For Peers

On September 8, Millennial Lithium Corp. (TSXV: ML) announced that it received an unsolicited takeover...

Saturday, September 18, 2021, 09:00:00 AM

Sigma Lithium Receives LOI For Development Bank Financing Of Facility Expansion

Sigma Lithium (TSXV: SGML) is reporting this morning that it has received a letter of...

Monday, February 12, 2024, 08:14:20 AM

Sigma Lithium Continues To Plummet, Falls 14% As EV Demand Loses Steam

Sigma Lithium (TSXV: SGML), a prominent name in the lithium market, has witnessed a significant...

Tuesday, February 6, 2024, 07:43:12 AM

Sigma Lithium Reports $25 Million Quarterly Loss as Revenue Drops Over 50% In Q3 2024

Sigma Lithium Corporation (TSXV: SGML) released its financial results for Q3 2024, posting quarterly revenue...

Friday, November 15, 2024, 01:07:00 PM