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Grota do Cirilo project dense-media separation production plant, Brazil – update

4th February 2022

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Grota do Cirilo project dense-media separation (DMS) production plant.

Location
Minas Gerais, in Brazil.

Project Owner/s
Sigma Lithium Resources.

Project Description
The Grota do Cirilo project is considered to be the biggest hard-rock lithium spodumene deposit in the Americas.

Phase 1 of the DMS production plant has been designed to produce up to 220 000 t/y of high-purity 6% battery-grade lithium concentrate, equivalent to about 33 000 t/y of lithium carbonate equivalent.

Sigma has said that it could potentially double the project’s capacity to 440 000 t/y, equivalent to about 66 000 t/y of lithium carbonate equivalent, through the addition of a processing line with a similar capacity to Phase 1. The preliminary feasibility study is expected to be completed in the first quarter of 2022.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Not stated.

Latest Developments
Sigma announced in December 2021 that it had started construction on the foundation and infrastructure installation of the DMS production plant.

Sigma is negotiating an agreement with Promon Engenhari and Primero group for the engineering, procurement and construction management of the production plant and associated infrastructure.

The company is also in negotiations with two mining contractors to build and operate the company’s first mine at the project.

Key Contracts, Suppliers and Consultants
Promon Engenhari and its Brazilian subcontractor (civil works regarding earth moving for foundations, land adaptation and protective drainage of the production plant construction site); and Promon Engenhari and Primero Group (continuity of certain construction-related engineering services throughout the first quarter of 2022).

Contact Details for Project Information
Sigma Lithium Resources, tel +55 11 2985 0089 or email contact@sigmaca.com/Investors ir@sigmaca.com.

Edited by Creamer Media Reporter

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