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About Atlas Lithium Corporation
Atlas Lithium Corporation (NASDAQ: ATLX) is a vertically integrated mineral exploration and development company specializing in the advancement of hard-rock lithium projects. Headquartered in Boca Raton, Florida, the company operates primarily in Brazil’s renowned Lithium Valley, located in the state of Minas Gerais. This region is rapidly emerging as a global hub for lithium production, driven by its rich mineral deposits and favorable infrastructure.
Core Focus: Lithium and Critical Minerals
Atlas Lithium’s flagship asset is the Neves Project, a 100%-owned hard-rock lithium initiative strategically positioned to meet the growing global demand for lithium concentrate—a key material in the battery supply chain for electric vehicles (EVs) and renewable energy storage systems. The company also holds an extensive portfolio of mineral rights spanning approximately 539 square kilometers, making it the largest lithium exploration footprint in Brazil among publicly listed companies. Beyond lithium, Atlas Lithium’s diversified mineral rights include nickel, rare earths, titanium, graphite, and copper, further solidifying its role in the critical minerals sector.
Innovative Technology and Sustainability
Atlas Lithium is pioneering the use of modular Dense Media Separation (DMS) plants in Brazil’s lithium industry. These state-of-the-art processing facilities are designed for operational efficiency and environmental sustainability. Key features include:
- Compact Design: Reduced physical footprint for streamlined installation and operation.
- Water Efficiency: Advanced recycling systems minimize water usage, setting a new industry benchmark.
- Sustainable Tailings Management: Dry-stacking technology eliminates the need for tailings dams, reducing environmental risks.
This innovative approach not only enhances production efficiency but also aligns with global sustainability standards, positioning Atlas Lithium as a leader in environmentally conscious mining practices.
Strategic Partnerships and Market Positioning
Atlas Lithium has established strategic partnerships with global industry leaders, including Mitsui & Co., Ltd., which has invested in the company and secured offtake agreements for lithium concentrate. These collaborations underscore the company’s credibility and its potential to become a key supplier in the global lithium supply chain. Additionally, Atlas Lithium’s location in Brazil provides a competitive advantage, offering access to high-quality spodumene and low production costs.
Exploration and Growth Strategy
The company has a robust exploration strategy that includes detailed geological mapping, advanced geophysical surveys, and systematic drilling campaigns. Recent discoveries at its Salinas and Clear Projects highlight the potential for additional high-grade lithium deposits, reinforcing Atlas Lithium’s long-term growth prospects. The company’s phased approach prioritizes the Neves Project for initial production while advancing exploration at other key sites.
Commitment to Stakeholders
Atlas Lithium is dedicated to creating value for its stakeholders through responsible mining practices, job creation, and community engagement. The company’s projects are engineered to minimize environmental impact while maximizing economic benefits, ensuring a sustainable and mutually beneficial relationship with local communities and global partners.
Conclusion
With its extensive mineral rights portfolio, innovative technologies, and strategic partnerships, Atlas Lithium is well-positioned to become a leading player in the global lithium market. Its commitment to sustainability and operational excellence aligns with the increasing demand for critical minerals in the transition to renewable energy and electric mobility.
Atlas Lithium (NASDAQ: ATLX) has announced its participation in the Fastmarkets Battery Raw Materials Shanghai 2025 Conference, scheduled for February 25-26, 2025, in Shanghai, China. Lili Wu, Head of Business Development for Asia, will deliver a corporate presentation on February 26 at 10:00 AM (China Standard Time).
The conference will host over 300 delegates from 200+ companies across 20 countries, focusing on battery chemistry advancements, energy storage system trends, and extraction technologies. The event aligns with Atlas Lithium's strategic focus on the Asian market, particularly significant given the region's leadership in EV production and battery manufacturing.
The company has recently achieved important milestones, including securing an operational permit from Minas Gerais state in October 2024 and the ongoing shipment of their modular dense media separation (DMS) plant to Brazil. These developments position Atlas Lithium to support the growing global demand for high-quality lithium concentrate.
Atlas Lithium (NASDAQ: ATLX) has announced the successful shipment of its modular dense media separation (DMS) lithium processing plant from South Africa to Brazil. The shipment, comprising 141 containers and 10 bulk items, departed from Port of Durban on February 2, 2025, and is expected to arrive at Port of Santos on March 2, 2025.
The fully paid processing facility represents a important component of the Company's Neves Project, aimed at producing high-quality lithium concentrate for EVs and energy storage systems. The plant features innovative elements including a compact modular design, reduced environmental footprint, advanced water conservation systems, and sustainable tailings management with dry-stacking technology.
Two additional containers containing spare parts will be shipped in March 2025. The company secured its operational permit in October 2024 and completed the plant's fabrication in South Africa, marking significant progress toward becoming the next lithium producer in Brazil's Lithium Valley.
Atlas Lithium (NASDAQ: ATLX) announces its modular dense media separation (DMS) lithium processing plant is ready for shipment from South Africa to Brazil on January 31, 2025. The fully paid facility, comprising 141 containers and 10 bulk items, will be Brazil's first modular DMS plant.
The state-of-the-art facility features innovative design elements including:
- Compact design with reduced footprint
- Advanced water recycling systems
- Modular components for simplified logistics
- Dry stacking of tailings eliminating dam requirements
The plant represents a significant milestone in Atlas Lithium's production journey, reducing project risk through its complete payment and ownership. The facility combines South African mining equipment expertise with environmental sustainability, positioning Atlas Lithium as a pioneer in Brazil's lithium processing sector.
Atlas Lithium (NASDAQ: ATLX) has announced two strategic appointments to strengthen its leadership team as it progresses toward production at its Neves Project in Brazil's Lithium Valley. Eduardo Queiroz joins as Project Management Officer and VP of Engineering, bringing over 20 years of experience in managing large-scale mining projects, including US$3 billion worth of projects at Bamin. Lili Wu has been appointed as Head of Business Development for Asia, based in Beijing, bringing expertise in lithium and battery materials industries.
The company has existing offtake agreements with major partners including Mitsui & Co. in Japan and lithium producers Chengxin and Yahua in China. The appointments come as China's EV sales showed a 51% year-over-year increase as of November 2024, highlighting the region's importance in the global energy transition.
Atlas Lithium (NASDAQ: ATLX) has announced its medium to long-term regional growth strategy in Brazil's Lithium Valley (LV). The company holds three key projects: Neves Project (flagship, recently permitted), Salinas Project (2,070 acres with spodumene outcrops), and Clear Project (470 acres). Recent exploration at Salinas revealed spodumene-rich pegmatites with Li2O assays ranging from 2.31% to 4.97%. The Clear Project showed promising geological mapping with two pegmatites discovered. Atlas Lithium plans to prioritize Neves for initial production while advancing exploration at Clear and Salinas, with an expanded exploration budget expected in 2025.
Atlas Lithium (NASDAQ: ATLX) has received the operational permit for its Neves Project from Minas Gerais state, Brazil. The permit, unanimously approved by a twelve-member voting board, authorizes the company to assemble and operate its lithium processing plant, process mined ore, and sell lithium concentrate. This triphasic permit (LI/LP/LO) combines initial, installation, and operating licenses in a single authorization, following a fourteen-month technical review process that began on September 1, 2023. The permit represents a important milestone in Atlas Lithium's path to becoming a lithium producer and is expected to create hundreds of local jobs in the Vale do Jequitinhonha area.
Atlas Lithium (NASDAQ: ATLX) has reached a significant milestone in its permitting process for the Neves Project. The state of Minas Gerais Environmental Foundation's technical management group has issued a 161-page technical report recommending approval of Atlas Lithium's operational permit application. This is important for the company's ability to assemble and operate its lithium processing plant.
The company filed the application on September 1, 2023, and has since addressed multiple technical questions from the agency. Concurrently, Atlas Lithium is preparing to ship its compact and modular lithium processing plant from South Africa to Brazil. The plant is designed to be environmentally sustainable, with reduced height, weight, and footprint, maximizing water recycling and employing dry stacking of tailings without dams.
Atlas Lithium (NASDAQ: ATLX) has been recognized for its innovative spodumene concentrate plant design, which has been selected as a finalist for a November 14, 2024 contest in Minas Gerais, Brazil. The design is compact, modular, and environmentally sustainable, with significantly lower weight, physical footprint, and water usage compared to traditional plants.
The company's modular Dense Media Separation (DMS) lithium processing plant is in its final fabrication phase, with 48 out of over 100 expected containers ready for shipment from South Africa to Brazil. Atlas Lithium is also making progress in discussions with U.S. government officials regarding critical minerals, hosting diplomatic meetings and receiving recognition for its community contributions.
Atlas Lithium (NASDAQ: ATLX) is preparing to ship its modular dense media separation (DMS) lithium processing plant from South Africa to Brazil. The company's team recently visited South Africa to oversee the preparation of plant components. 48 containers have been packed so far, with over 100 containers expected before shipment from Durban to Santos.
The modular DMS plant represents a significant advancement for Brazil's lithium industry, offering reduced production costs and lower water consumption. The plant's components have undergone trial assembly in South Africa, with some final pieces still in fabrication. The modular design is expected to streamline transportation, installation, and commissioning processes, while its reduced footprint makes it environmentally friendly.
Atlas Lithium has more than doubled its lithium exploration footprint in Brazil to approximately 539 km². The expansion includes new claims in the Doce River and Mucuri Valleys, promising regions for lithium. The company is progressing with a Definitive Feasibility Study (DFS) for its Neves Project, expected to be completed before production starts in Q4 2024. Initial exploration within the newly acquired areas has identified several lithium-rich pegmatites. Atlas Lithium's dense media separation plant is set for shipment in Q3 2024, with production anticipated later that year. The company aims to leverage its first-mover advantage in Brazil's burgeoning lithium sector, positioning itself as a leading producer.
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