Sigma Lithium Surpasses Q4 Production Target, Plans Major Expansion in Brazil

Sigma Lithium

Sigma Lithium has outperformed its fourth-quarter production target, producing approximately 75,000 metric tonnes (t) of lithium concentrate, well above its expected 60,000t. The Canadian lithium miner’s total 2024 output reached 240,000t, positioning it as one of the leading players in the global lithium market.

Looking ahead, Sigma expects to exceed its 2025 production guidance of 270,000t of lithium concentrate from its Greentech lithium beneficiation plant in Brazil, reinforcing its strategy to expand output amid growing demand for battery-grade lithium.

Ambitious Expansion Plans to Boost Lithium Supply

Sigma Lithium is aggressively increasing its lithium carbonate equivalent (LCE) capacity, aiming to reach 125,000t LCE annually by 2026. With a conversion ratio of 7.4t of lithium concentrate per 1t of LCE, this expansion aligns with the company’s goal of securing a stronger foothold in the electric vehicle (EV) battery supply chain.

The company’s expansion plan includes:

• Phase 2 expansion: Commissioning in 2025, adding 34,000t LCE/yr (equivalent to 250,000t lithium concentrate annually).

• Phase 3 expansion: Scheduled for 2026, increasing capacity by 54,000t LCE/yr (equivalent to 400,000t lithium concentrate annually).

These expansions are set to enhance Sigma's role as a key lithium supplier, further contributing to the global energy transition and EV battery material demand.

Conclusion

With record-breaking lithium production in 2024 and an aggressive capacity expansion strategy, Sigma Lithium is on track to become a dominant force in the lithium market. As demand for EV batteries and renewable energy storage continues to rise, Sigma’s increased production capacity will play a vital role in meeting the world’s growing lithium needs.