UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
6-K
REPORT OF FOREIGN
PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month
of January 2024
Commission File
Number: 001-40786
Sigma Lithium
Corporation
(Translation of registrant's name into English)
2200 HSBC Building
885 West Georgia
Street
Vancouver, British
Columbia
V6C 3E8
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ¨ Form 40-F x
Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Note: Regulation
S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Note: Regulation
S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled
or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's
securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed
to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.
EXHIBIT INDEX
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
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Sigma Lithium Corporation |
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(Registrant) |
Date: January 31, 2024 |
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Ana Cristina Cabral Gardner |
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Chief Executive Officer |
Exhibit 99.1
SIGMA LITHIUM
ENDS TRANSFORMATIONAL YEAR SHIPPING 22,000t OF THE MOST ENVIRONMENTALLY SUSTAINABLE LITHIUM IN WORLD; GREENTECH PLANT OPERATING AT DESIGN
CAPACITY OF 270,000 TPY
HIGHLIGHTS
| · | Delivers
pivotal milestone: Greentech plant sustains production at design capacity of 270,000 tonnes
per year for the month of December. |
| · | Sigma
Lithium has commenced loading its next 22,000 tonne shipment of its unique, sustainable,
lithium concentrate to Glencore at the Port of Vitoria. |
| o | Glencore
to prepay 50% for the shipment at a provisional premium price. |
| · | Company
fully achieves the mission of its Impact Investors at IPO: Produce lithium materials aligned
with the ethos of the environmentally conscious consumer of the electric vehicle. |
| · | Sigma
Lithium has managed to industrialize a unique Quintuple Zero Green Lithium concentrate (“Quintuple
Zero Lithium”), recognized at COP28 as the most sustainable lithium in the
world. |
| § | ZERO
Net Carbon: First large-scale producer in the lithium industry to achieve carbon neutrality. |
| § | ZERO
Coal Power at Greentech Plant: 100% renewable power. |
| § | ZERO
Tailings Dams: 100% dry stacked tailings, 100% reused. |
| § | ZERO
Utilization of Potable Water: Sewage treatment for solid fecal residues for Greentech plant
inbound water. |
| § | ZERO
Use of hazardous chemicals in manufacturing process of lithium concentrate. |
| · | Continues
to advance its growth plans, leveraging its competitive advantages as a low-cost producer
of a technically superior coarse granulated Quintuple Zero Lithium |
| o | Exploration
updates expected to expand mineral resource on Grota do Cirilo Property |
| § | Phase
4: approximately increases Sigma Lithium total M & I & I to 110Mt. |
| § | Phase
5: approximately increases M & I & I an additional 20Mt. |
| · | Planned
initiation of earthworks for Greentech Plant expansion. |
São Paulo,
Brazil – (December 27, 2023) – Sigma Lithium Corporation (“Sigma Lithium” or the “Company”)
(NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading lithium producer dedicated to powering the next generation of electric vehicles
with carbon neutral, Quintuple Zero Green Lithium concentrate, is proud to cap off an incredible year for the Company by loading one
last shipment of 22,000 tonnes of concentrate to Glencore at the Port of Vitoria. Sigma Lithium’s fifth shipment is expected to
leave port by year-end.
Glencore will prepay
50% of the fifth shipment’s value upon completion of loading. The 50% prepayment reflects a provisional premium price for the Company’s
unique Quintuple Zero Green Lithium concentrate.
Sigma Lithium has
completed an incredible journey over the past twelve months, having gone from commissioning the crushing unit in December of 2022
on schedule and on budget, to sustaining nameplate production levels at its Greentech lithium concentrate plant in December 2023.
Operating rates at these levels would support a monthly shipment cadence of roughly 22,000 tonnes through the course of 2024, annualizing
approximately 270,000 tonnes of Quintuple Zero Green Lithium concentrate.
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Sigma Lithium CEO,
Ana Cabral-Gardner commented, “We have a relentless, resilient team who has been working for years on a mission that has become
our collective legacy: supporting the electric vehicle revolution by delivering the most sustainable lithium material in the world. In
the process we became a better version of ourselves, transforming the lives of the people around us by providing economic empowerment,
inclusion, citizenship. We are laying the foundation for common prosperity where metals, mining and metallurgical industries are fully
embraced by communities as the drivers of technological and environmental innovation as well as positive social change. Our team has
rarely set a foot wrong, nor missed our operational deadlines. We delivered on our promises, including those that seemed impossible at
the time, such as achieving Carbon Neutrality / Net Zero 27 years ahead of the metal and mining industry.”
Ligia Seca, Director
of Institutional Relations: “We carry an enormous sense of mission and purpose on our shoulders: There are over 13,000 people
in our communities who are benefitting from Sigma Lithium’s investments and growth. We continue to invest heavily in technology
to be able to beneficiate our lithium concentrate in harmony with nature: Producing what has now become the most sustainable lithium
in the world, honoring all the high expectations placed upon us by our country and our people. As a result, we have opened a whole new
set of opportunities for Brazil to become a key participant in the most coveted global sustainable supply chains for battery materials.”
Matthew DeYoe,
EVP of Corporate Affairs & Strategic Development: “Sustaining production at nameplate capacity was the final step in
gaining confidence that Sigma’s operations have completed the ramp process. Our team overcame incredible challenges to deliver
something that has never been done before, a dry-stack tailing process with zero net carbon and 100% water reuse in the production circuit.
I am incredibly proud of the work the site-team has done over the past year and I look forward to keeping the momentum going into 2024.”
Picture 1: Sigma
Delivered on Every Operational Milestone in 2023: Consistency & Focus
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Picture 2-3:
Sigma concentrate loading at Vitoria
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ABOUT SIGMA
LITHIUM
Sigma Lithium (NASDAQ:
SGML, BVMF: S2GM34, TSXV: SGML) is a leading global lithium producer dedicated to powering
the next generation of electric vehicle batteries with carbon neutral, socially and environmentally sustainable chemical-grade lithium
concentrate.
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 Quintuple Zero Green Lithium from its Grota do Cirilo Project in Brazil. Phase 1 of the project is expected to produce 270,000
tonnes of Quintuple Zero Green Lithium annually (36,700 LCE annually). If it determines to proceed after completion of the detailed engineering
study, Phase 2 & 3 of the project are expected to increase production to 766,000 tonnes annually (or 104,200 LCE annually).
The project produces Quintuple Zero Green Lithium in its state-of-the-art Greentech lithium plant that uses 100% renewable energy, 100%
recycled water and 100% dry-stacked tailings.
Please refer to
the Company’s National Instrument 43-101 technical report titled "Grota do Cirilo Lithium Project Araçuaí and
Itinga Regions, Minas Gerais, Brazil, Amended and Restated Technical Report" issued June 12, 2023, which was prepared for Sigma
Lithium by Homero Delboni Jr., MAusIMM, Promon Engenharia; Marc-Antoine Laporte, P.Geo, SGS Canada Inc; Jarrett Quinn, P.Eng., Primero
Group Americas; Porfirio Cabaleiro Rodriguez, (MEng), FAIG, GE21 Consultoria Mineral; and Noel O'Brien, B.E., MBA, F AusIMM (the “Updated
Technical Report”). The Updated Technical Report is filed on SEDAR and is also available on the Company’s website.
For more information
about Sigma Lithium, visit https://www.sigmalithiumresources.com/
FOR ADDITIONAL
INFORMATION PLEASE CONTACT
Mathew DeYoe, EVP, Corporate
Affairs & Strategic Development
+1 (201) 819-0303
Mattew.deyoe@sigmalithium.com.br
Jamie Flegg, Director, Business
Development
+1 (647) 706-1087
jamie.flegg@sigmalithium.com.br
Daniel Abdo, Director, Investor
Relations
+55 11 2985-0089
daniel.abdo@sigmalithium.com.br
Sigma Lithium
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Sigma
Lithium |
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@sigmalithium |
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@SigmaLithium |
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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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