Sigma Lithium Corporation (NASDAQ:SGML) Q3 2023 Earnings Conference Call November 15, 2023 8:00 AM ET

Company Participants

Matthew DeYoe - EVP, Corporate Affairs and Strategic Development

Ana Cabral Gardner - CEO

Conference Call Participants

Joel Jackson - BMO Capital Markets

Operator

Good day, everyone. Welcome to Sigma Lithium's Third Quarter 2023 Earnings Conference Call. Today's call is being recorded and is broadcast live on Sigma's website. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Matthew DeYoe, Executive Vice President of Corporate Affairs and Strategic Development at Sigma. Please go ahead.

Matthew DeYoe

Thank you, Jason. Good morning, everyone. Thank you for joining us on our 3Q earnings call. On the call with me today is company's CEO, Ana Cabral. This morning, before the market opened, really actually last night, we posted our 3Q '23 financial results as well as SEC filings.

Before we begin, I'd like to cover two items. First, during the presentation, you'll hear certain forward-looking statements concerning our plans and expectations. We note that actual events or results could differ materially from changes in market conditions and in our operations.

And additionally, earnings referenced in this presentation may exclude certain noncore and nonrecurring items. Reconciliations to the most comparable GAAP financial measures and other associated disclosures, including descriptions of adjustments, can be found in the back of the release.

With that, I will pass the call over to Ana. Ana?

Ana Cabral Gardner

Yes. Hi, everyone. Thank you, Matt.

Well, first of all, it's a pleasure to be here with all of you to present our third quarter 2023 financials. We are delighted to present to our very first operational quarter, and we are profitable right at the onset. So with that, I'll go straight into the first page with the operational highlights. Well, we're now a large producer. We are a force for good in the lithium industry. And we basically achieved what many believed to be impossible. We are delivering zero carbon, zero tailings, lithium produced without toxic chemicals.

We have basically been producing the very best product in the lithium industry as far as concentrate. We have always managed to do that, delivering a very successful ramp-up. As you can see, our Greentech Plant has reached 90% throughput. We've been consistently shipping monthly 20,000 tonnes of the Triple Zero Green Lithium concentrate. Our fourth shipment is expected by the end of November, which is going to be sized minimum 20,000 tonnes. It goes to Glencore.