SIGMA LITHIUM IS AWARDED BY BNDES A LETTER OF INTENTION FOR DEVELOPMENT BANK DEBT TO FUND CONSTRUCTION OF ITS ENVIRONMENTALLY FULLY LICENSED SECOND GREENTECH INDUSTRIAL LITHIUM PLANT

HIGHLIGHTS

• Sigma Lithium (TSXV:) completed the certification process with BNDES, which included the filing of the final FEL3 Capex for Construction and Engineering of the Second Greentech Plant totaling R$ 492,4 million or approximately US$ 100 million
• The Letter of Intention by BNDES outlines its intention to extend the Company development bank debt financing (“Development Bank Debt”) to fund the Second Greentech industrial lithium concentrate production plant (“Second Greentech Plant”) at Vale do Jequitinhonha in Brazil.
• Sigma is also pleased to announce it was awarded a concomitant LP, LI, LO environmental license to install and operate (“Full Environmental License”) the Second Greentech Plant by the State of Minas Gerais on January 31, 2024.
  • The Company’s impeccable sustainability track record led it to receive, once more, a unanimous vote by all members of the independent environmental board (COPAM), which votes and awards…