The agreement will allow the Canadian mining company to develop and build the Grota do Cirilo project in Minas Gerais, and the company expects that construction will begin in the fourth quarter of this year. The Grota do Cirilo project is located in the Araçuaí and Itinga regions in Minas Gerais, and includes constructing a large-scale plant to produce 220,000 tons of lithium suitable for batteries per year, at low cost and to green standards. This will make Sigma one of the lowest cost lithium producers worldwide

Projected Sigma Lithium plant at Grota do Cirilo

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