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 September 2023
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) |
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Date: September 21, 2023 |
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Ana Cristina Cabral Gardner |
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Chief Executive Officer |
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Exhibit 99.1
SIGMA LITHIUM
ANNOUNCES SHIPMENT OF 22,500 TONNES OF TRIPLE ZERO GREEN LITHIUM TO GLENCORE IN JOINT EFFORT TO BUILD A SUSTAINABLE GLOBAL SUPPLY CHAIN
BUILDING A SUSTAINABLE GLOBAL LITHIUM SUPPLY CHAIN
| · | Sigma
Lithium completes trucking of 22,500 tonnes of battery-grade, carbon neutral, zero hazardous
chemicals and zero tailings sustainable lithium (“Triple Zero Green Lithium”)
to Vitoria Port to be shipped to Glencore this week |
| · | Announces
collaboration with Glencore, demonstrating a shared commitment to creating a low carbon,
environmentally and socially sustainable global lithium supply chain for electric vehicles
through collective multi-industry platforms |
| o | Will receive 50% prepayment in advance of shipment at provisional
premium pricing: 9% of the price of lithium hydroxide price at LME (average China, Japan,
South Korea) for Triple Zero Green Lithium |
SUCCESSFUL OPERATIONAL RAMP-UP
| · | Greentech
Plant ramp-up continues to progress; on target to produce 130,000 tonnes of Triple Zero Green
Lithium in 2023 |
| o | Remains on track to reach stable design recovery of 65% on a steady-state
basis, having already achieved maximum recovery of 73% |
| o | Consistently producing high-quality Triple Zero Green Lithium with
more than 5.5% lithium oxide and high purity (low iron oxide, low potassium oxide, low alkalines) |
VANCOUVER, CANADA – (September 21,
2023) – Sigma Lithium Corporation (“Sigma Lithium” or the “Company”) (NASDAQ: SGML,
BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with
carbon neutral, socially and environmentally sustainable chemical-grade lithium concentrate, announced that it has successfully prepared
22,500 tonnes of battery-grade, carbon neutral, zero hazardous chemicals and zero tailings sustainable lithium (“Triple Zero Green
Lithium”) at Vitoria Port to be shipped to Glencore.
The shipment is part of an agreement with Glencore
that aims to build a low carbon, environmentally and socially sustainable global lithium supply chain for electric vehicles.
“We are delighted to partner with Sigma
Lithium, as we continue to offer our customers responsibly produced, low carbon lithium,” said Robin Francois, Lithium Trader
at Glencore. “This partnership also underpins our ambition to become a partner of choice for the provision of such a critical
mineral to the battery and EV industry, thereby supporting the energy transition.”
“Sigma Lithium and Glencore are building
an EV supply chain that is focused on providing lithium materials that are responsibly sourced in an environmentally and socially sustainable
manner,” said Ana Cabral, Sigma Lithium CEO & co-Chairperson. “Given the critical role of EVs in reducing
the carbon footprint of the transportation sector, Glencore and Sigma Lithium’s joint efforts are fully aligned with our clients’
approach to responsible sourcing and supply chains built in line with the ethos of the consumer of the EV.”
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“At Sigma Lithium, we believe that businesses
have a critical role to play in combating climate change, particularly in the mass transition to electric vehicles. Our Triple Zero Green
Lithium set a high standard of sustainability to fully support the electric vehicle industry in reducing its environmental footprint.
By successfully achieving net zero carbon production, we have proven that our industry can effectively embrace sustainable practices
and pave the way towards a greener future," she added.
Sigma Lithium’s Triple Zero Green Lithium:
The foundation of a globally sustainable supply chain
Sigma Lithium effectively lowered its carbon
footprint with a series of pioneering initiatives, paving the way forward for the metals & mining sector.
The Company’s Triple Zero Green Lithium
is produced at its state-of-the-art Greentech lithium plant at its Grota do Cirilo Project in Brazil, the first lithium project in the
world without a tailings dam. With 100% dry-stacked tailings and the absence of hazardous chemical products for processing lithium, the
Company is preventing water and soil contamination and contributing to the preservation of rivers and forests in the region.
The Company’s main achievements towards
abating its carbon footprint include:
| · | Zero
tailings: 100% dry stacked tailings, with all by-products eliminated through sales
or upcycling to pave roads. |
| · | Zero
hazardous chemicals: Utilizes Dense Medium Separation (“DMS”) at the
Greentech plant, which does not utilize hazardous chemicals. |
| · | Water
efficiency: Utilizes 100% sewage water for its plant, fully recirculated. |
| · | Water
preservation: Preserved 100% of the Piaui Creek source of drinking water for the
communities living around Sigma Lithium. |
| · | Clean
renewable energy: Utilizes 100% clean renewable energy for its Greentech Plant via
“behind the meter” supply agreements. |
| · | Biodiesel:
Utilizes biodiesel fuel in some of its trucking fleet, with plans to increase to up to 50%
by 2025. |
| · | Explosives
/ ANFO: Decreased explosives load with computerized load simulation strategies. |
Further, due to the low carbon content of Sigma
Lithium’s products, as well as its environmentally sustainable production methods, the Company's carbon footprint was offset with
carbon credits purchased from Carbonext (which are verified through Verra Verified Carbon Standard), making the shipment carbon neutral.
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 Triple Zero Green Lithium
from its Grota do Cirilo Project in Brazil. Phase 1 of the project is expected to produce 270,000 tonnes of Triple Zero Green Lithium
annually (36,700 LCE annually). If it is determined to proceed after completion of an ongoing feasibility 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 Triple
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/
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FOR ADDITIONAL INFORMATION PLEASE CONTACT
Jamie Flegg, Chief Development Officer
+1 (647) 706-1087
jamie.flegg@sigmalithium.com.br
Daniel Abdo, Chief Communications Officer
+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 |
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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