Atlas Lithium Recognized for Its Plant Design
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) è stata riconosciuta per il suo innovativo design dell'impianto di concentrazione di spodumene, selezionato come finalista per un concorso che si terrà il 14 novembre 2024 in Minas Gerais, Brasile. Il design è compatto, modulare e sostenibile dal punto di vista ambientale, con un peso, un ingombro fisico e un utilizzo d'acqua significativamente inferiori rispetto agli impianti tradizionali.
Il plant di separazione media densa (DMS) modulare dell'azienda è nella sua fase finale di fabbricazione, con 48 dei oltre 100 container previsti pronti per la spedizione dal Sudafrica al Brasile. Atlas Lithium sta anche progredendo nei colloqui con funzionari del governo degli Stati Uniti riguardo ai minerali critici, ospitando incontri diplomatici e ricevendo riconoscimenti per i suoi contributi alla comunità.
Atlas Lithium (NASDAQ: ATLX) ha sido reconocida por su innovador diseño de planta de concentración de espodumena, que ha sido seleccionado como finalista para un concurso el 14 de noviembre de 2024 en Minas Gerais, Brasil. El diseño es compacto, modular y sostenible medioambientalmente, con un peso, una huella física y un uso de agua significativamente menores en comparación con las plantas tradicionales.
La planta de procesamiento de litio de separación de medios densos (DMS) modular de la compañía está en su fase final de fabricación, con 48 de más de 100 contenedores esperados listos para el envío desde Sudáfrica a Brasil. Atlas Lithium también está avanzando en conversaciones con funcionarios del gobierno de EE. UU. sobre minerales críticos, organizando reuniones diplomáticas y recibiendo reconocimiento por sus contribuciones a la comunidad.
아틀라스 리튬(NASDAQ: ATLX)은 혁신적인 스포듐네 농축 플랜트 디자인으로 인정받아 2024년 11월 14일 브라질 미나스제라이스에서 열리는 경연대회 결선 진출자로 선정되었습니다. 이 디자인은 콤팩트하고 모듈화되었으며 환경적으로 지속 가능하다는 평가를 받으며, 전통적인 플랜트에 비해 무게와 물리적 공간, 물 사용량이 상당히 낮습니다.
회사의 모듈형 밀집 미디어 분리(DMS) 리튬 가공 플랜트는 최종 제조 단계에 있으며, 남아프리카에서 브라질로 배송될 예정인 100개 이상의 컨테이너 중 48개가 준비되었습니다. 아틀라스 리튬은 또한 미국 정부 관계자들과 중요한 광물에 관한 논의를 진행하며, 외교 회의를 주최하고 지역 사회에 대한 기여로 인정을 받고 있습니다.
Atlas Lithium (NASDAQ: ATLX) a été reconnue pour son design innovant de plante de concentré de spodumène, sélectionné comme finaliste pour un concours qui se tiendra le 14 novembre 2024 à Minas Gerais, au Brésil. Le design est compact, modulaire et écologiquement durable, avec un poids, une empreinte physique et une utilisation de l'eau significativement inférieurs par rapport aux installations traditionnelles.
La plante de traitement du lithium à séparation par milieu dense (DMS) de l'entreprise est dans sa phase finale de fabrication, avec 48 des plus de 100 conteneurs attendus prêts à être expédiés d'Afrique du Sud vers le Brésil. Atlas Lithium progresse également dans les discussions avec des responsables du gouvernement américain concernant les minéraux critiques, tout en accueillant des réunions diplomatiques et en recevant des reconnaissances pour ses contributions à la communauté.
Atlas Lithium (NASDAQ: ATLX) wurde für ihr innovatives Design der Spodumen-Konzentrat-Anlage anerkannt, welches als Finalist für einen Wettbewerb am 14. November 2024 in Minas Gerais, Brasilien, ausgewählt wurde. Das Design ist kompakt, modular und umweltfreundlich, mit deutlich geringerem Gewicht, kleinerer physischer Grundfläche und geringerem Wasserverbrauch im Vergleich zu traditionellen Anlagen.
Die modulare Dichte-Medien-Trennanlage (DMS) des Unternehmens befindet sich in der finalen Fertigungsphase, wobei 48 von über 100 erwarteten Containern bereit zur Versendung von Südafrika nach Brasilien sind. Atlas Lithium macht auch Fortschritte in den Gesprächen mit US-Regierungsbeamten über kritische Mineralien und veranstaltet diplomatische Treffen sowie Anerkennung für ihre Beiträge zur Gemeinschaft.
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Boca Raton, Florida--(Newsfile Corp. - August 27, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to announce that its spodumene concentrate plant design has been selected as a finalist for a November 14, 2024 contest, organized by a non-profit civil society organization in the state of Minas Gerais, to recognize environmentally-sustainable approaches in the industry. The Company's plant design is both compact and modular, with its weight, physical footprint, and water usage expected to be significantly lower than those of traditional plants.
"Atlas Lithium's modular plant represents an exciting refinement and optimization of dense media separation (DMS) technology as applied to lithium processing," said Raimundo Almeida Jr., Atlas Lithium's Vice President of Lithium Processing. "Its reduced height, weight, and overall physical footprint will make it an environmentally friendly design that maximizes water recycling. We believe that it will use the lowest amount of water of any other lithium plant currently operational. Its modular design also significantly reduces its physical footprint compared to traditional designs."
Atlas Lithium's modular DMS lithium processing plant is entering the final phase of fabrication for its remaining components. Currently, 48 out of over 100 expected containers are ready and awaiting shipment from South Africa, where manufacturing took place, to the Company's Neves Project site in Brazil.
In other news, the Company is progressing in discussions with U.S. government officials focused on critical minerals. On July 18, 2024, Atlas Lithium hosted a high-ranking delegation of U.S. diplomats at its office in Belo Horizonte, Brazil. Such delegation was headed by U.S. Assistant Secretary of State Geoffrey Pyatt, the lead U.S. envoy on critical minerals. More recently, on August 23, 2024, U.S. Ambassador Elizabeth Frawley Bagley hosted Marc Fogassa, the Company's CEO and Chairman, for a meeting at the U.S. Embassy in Brasilia, the capital of Brazil.
As a demonstration of Atlas Lithium's contributions to the community, on August 22, 2024, Mr. Fogassa received the title of Honorary Citizen of Belo Horizonte, the capital of the state of Minas Gerais. Such honor was bestowed on him by a vote of the City Council of Belo Horizonte in recognition of his work towards the progress of the city and the state. At the event, Mr. Fernando Passalio, Secretary for Economic Development of Minas Gerais, spoke about the importance of private sector initiatives in advancing the city and state's progress, and Atlas Lithium was acknowledged for its role in these efforts.
About Atlas Lithium Corporation
Atlas Lithium Corporation (NASDAQ: ATLX) is focused on advancing and developing its
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward looking statements are based upon the current plans, estimates and projections of Atlas Lithium and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward- looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events, and regulatory changes; availability of capital; Atlas Lithium's ability to maintain its competitive position; manipulative attempts by short sellers to drive down our stock price; and dependence on key management.
Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled "Risk Factors" in the Company's Form 10-K filed with the Securities and Exchange Commission (the "SEC") on March 27, 2024. Please also refer to the Company's other filings with the SEC, all of which are available at www.sec.gov. In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements.
Investor Relations:
Gary Guyton
Vice President, Investor Relations
+1 (833) 661-7900
gary.guyton@atlas-lithium.com
https://www.atlas-lithium.com/
@Atlas_Lithium
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221267
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