Construction Advanced To 25% At Grota Do Cirillo Project

VANCOUVER - SIGMA Lithium Corporation reported on construction at the Grota do Cirillo project. Significant advancement of construction at the Phase 1 Production Plant and infrastructure areas, establishing operational readiness and supporting ongoing operations. The Company continues to rapidly progress construction activities and has issued more than 30 purchase orders for critical equipment as of this month.

To date, the following construction workstreams have been 100% completed: Earthworks necessary for construction of foundations for the Production Plant; Production Plant site's protective drainage (channels and pipes); Sump area construction; and Detour road improvements (bypass of the municipal road around the Project).

Electromechanical assembly (including mainframes for the primary crusher, DMS plant and other infrastructure) has commenced offsite, and the Company expects equipment to begin arriving towards the end of July.

The construction team is currently focused on completing the following workstreams: Construction of equipment foundations for the crushing, scalping screening and DMS areas (rebar and pouring concrete); Construction of the ROM pad and ROM wall; Construction of the Project's HV substation; Electromechanical assembly; and Platework and steel structure fabrication.

Additionally, the Company has progressed detailed engineering alongside construction activities, with approximately 65% of overall detailed engineering completed as of July 2022. 

Ana Cabral-Gardner, Co-CEO and Co-Chairperson, said, "We remain focused on establishing Sigma Lithium as one of the world's largest lithium producers, significantly progressing towards positive cash flow when delivering Battery Grade Sustainable Lithium in the near term. Our operating team has been consistently delivering all the execution milestones of the Project's construction and licensing, positioning the Company to potentially participate as a producer in what may be one of the most favorable lithium markets of all time."

Calvyn Gardner, Co-CEO and Co-Chairperson, commented, "We are pleased to provide an update on our significant construction progress at Grota do Cirilo, as we continue to rapidly advance Phase 1 Plant construction on schedule and on budget, with approximately 25% of total construction completed.