Atlas Lithium's Modular Lithium Processing Plant Readies for Brazil
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 (NASDAQ: ATLX) si sta preparando per spedire il suo impianto modulare di separazione a media densa (DMS) per il trattamento del litio dall'Africa del Sud al Brasile. Il team dell'azienda ha recentemente visitato il Sudafrica per supervisionare la preparazione dei componenti dell'impianto. Finora sono stati imballati 48 container, con oltre 100 container previsti prima della spedizione da Durban a Santos.
L'impianto modulare DMS rappresenta un importante passo avanti per l'industria del litio in Brasile, offrendo riduzione dei costi di produzione e minore consumo d'acqua. I componenti dell'impianto sono stati sottoposti a montaggi di prova in Sudafrica, con alcuni pezzi finali ancora in fase di fabbricazione. Il design modulare dovrebbe snellire i processi di trasporto, installazione e messa in servizio, mentre la sua ridotta impronta ecologica lo rende sostenibile per l'ambiente.
Atlas Lithium (NASDAQ: ATLX) se está preparando para enviar su planta modular de separación por medio denso (DMS) para el procesamiento de litio desde Sudáfrica a Brasil. El equipo de la compañía recientemente visitó Sudáfrica para supervisar la preparación de los componentes de la planta. Hasta ahora se han empaquetado 48 contenedores, con más de 100 contenedores previstos antes del envío de Durban a Santos.
La planta DMS modular representa un avance significativo para la industria del litio en Brasil, ofreciendo reducción de costos de producción y menor consumo de agua. Los componentes de la planta han sido ensamblados para prueba en Sudáfrica, con algunas piezas finales aún en fabricación. Se espera que el diseño modular agilice los procesos de transporte, instalación y puesta en marcha, mientras que su huella reducida lo hace respetuoso con el medio ambiente.
아틀라스 리튬 (NASDAQ: ATLX)은 남아프리카에서 브라질로 모듈식 밀도 분리 (DMS) 리튬 처리 플랜트를 발송할 준비를 하고 있습니다. 회사 팀은 최근 남아프리카를 방문하여 플랜트 구성 요소의 준비 상황을 감독했습니다. 지금까지 48개의 컨테이너가 포장되었으며, 더불어 100개 이상의 컨테이너가 더 수출될 예정입니다.
모듈식 DMS 플랜트는 브라질 리튬 산업에 중요한 발전을 나타내며, 생산 비용을 줄이고 물 소비를 줄이는 혜택을 제공합니다. 플랜트의 구성 요소는 남아프리카에서 시험 조립을 거쳤으며, 일부 최종 부품은 여전히 제작 중입니다. 모듈식 설계는 운송, 설치 및 시운전 과정을 간소화할 것으로 예상되며, 그 작은 면적은 환경 친화적입니다.
Atlas Lithium (NASDAQ: ATLX) se prépare à expédier son usine modulaire de séparation à densité moyenne (DMS) pour le traitement du lithium d'Afrique du Sud au Brésil. L'équipe de l'entreprise a récemment visité l'Afrique du Sud pour superviser la préparation des composants de l'usine. À ce jour, 48 conteneurs ont été emballés, avec plus de 100 conteneurs prévus avant l'expédition de Durban à Santos.
L'usine DMS modulaire représente une avancée significative pour l'industrie du lithium au Brésil, offrant des coûts de production réduits et une consommation d'eau moindre. Les composants de l'usine ont subi un assemblage d'essai en Afrique du Sud, avec quelques pièces finales encore en fabrication. La conception modulaire devrait rationaliser les processus de transport, d'installation et de mise en service, tout en ayant une empreinte réduite qui la rend écologique.
Atlas Lithium (NASDAQ: ATLX) bereitet den Versand seiner modularen Dichte-Trennungsanlage (DMS) zur Lithiumverarbeitung von Südafrika nach Brasilien vor. Das Team des Unternehmens hat kürzlich Südafrika besucht, um die Vorbereitung der Anlagenkomponenten zu überwachen. Bisher wurden 48 Container verpackt, und es werden vor dem Versand von Durban nach Santos mehr als 100 Container erwartet.
Die modulare DMS-Anlage stellt einen bedeutenden Fortschritt für die Lithiumindustrie in Brasilien dar und bietet geringere Produktionskosten und einen niedrigeren Wasserverbrauch. Die Komponenten der Anlage wurden in Südafrika probeweise montiert, während einige Endstücke noch in der Fertigung sind. Das modulare Design soll Transport-, Installations- und Inbetriebnahmeprozesse optimieren, während die reduzierte Fläche umweltfreundlich ist.
- Modular DMS plant design offers reduced production costs and lower water consumption
- Plant components have successfully undergone trial assembly in South Africa
- Modular design expected to streamline transportation, installation, and commissioning processes
- Plant features the lowest processing circuit water usage in the industry
- None.
Insights
Atlas Lithium's progress in preparing its modular DMS plant for shipment to Brazil marks a significant milestone in the company's development. The innovative modular design offers several advantages:
- Streamlined transportation and installation
- Reduced environmental footprint
- Lower water consumption
These factors position Atlas Lithium favorably in the competitive lithium market. The use of a chartered vessel for shipping over 100 containers indicates the scale of this operation, suggesting a substantial production capacity. However, investors should note that the plant is still in the preparation phase and actual production timelines remain uncertain. The company's focus on efficiency and sustainability could potentially lead to lower operational costs and improved ESG ratings, which are increasingly important to investors in the mining sector.
Atlas Lithium's approach to lithium processing demonstrates a commendable focus on environmental sustainability. The modular DMS plant's design, featuring reduced height, weight and physical footprint, minimizes land disturbance—a important factor in mining operations. Most notably, the claim of lowest processing circuit water usage in the industry is a significant advancement, especially considering water scarcity issues in many mining regions. This could potentially:
- Reduce operational costs
- Minimize environmental impact
- Improve relationships with local communities
However, it's important to note that while water efficiency is laudable, the overall environmental impact will depend on various factors, including energy sources used and waste management practices, which aren't detailed in this update.
The logistics operation described for Atlas Lithium's modular plant shipment demonstrates sophisticated supply chain management. Key points include:
- On-site coordination by technical personnel
- Specialized freight forwarding and project logistics
- Use of a chartered vessel for transcontinental shipping
This level of attention to detail in logistics can significantly reduce risks associated with international equipment transfers, such as damage or delays. The modular design further simplifies installation, potentially accelerating time-to-production. However, investors should be aware that international shipping and customs processes can still present unforeseen challenges. The success of this logistics operation will be important for Atlas Lithium to maintain its project timeline and budget, directly impacting its path to revenue generation.
HIGHLIGHTS
- Atlas Lithium's team visited South Africa last week to supervise the preparation of the components of the Company's modular lithium DMS plant for shipment to Brazil.
- 48 containers have been prepared to date, with a final total of over 100 containers expected before a charter vessel departs from Durban, South Africa to Santos, Brazil.
Boca Raton, Florida--(Newsfile Corp. - August 22, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company"), a leading lithium exploration and development company, is pleased to provide an update on the progress of preparation of its modular dense media separation (DMS) lithium processing plant for shipment to Brazil.
DMS is a processing technique that employs heavy liquid medium, several times denser than water, to efficiently separate materials based on their density. This method effectively isolates spodumene (the primary lithium-bearing mineral in Atlas Lithium's deposits) in the heavier fraction, while waste materials are separated into the lighter fraction. While DMS technology has been employed in the hard-rock lithium industry for considerable time, the Company's approach involves a modularized and optimized version of this proven technology, which will enable Atlas Lithium to achieve production at reduced costs and with lower water consumption.
Brian Talbot, an RTEK principal and member of the Operations Committee of Atlas Lithium, commented during last week's inspection visit to South Africa: "Atlas Lithium's modular plant represents a significant step for Brazil's lithium industry, and our direct involvement ensures that every detail is accounted for as we ship it to Brazil."
For the past two weeks, technical personnel from RTEK have been on-site in South Africa, coordinating the weighing and packaging efforts for the plant's numerous components, and ensuring that each piece is properly prepared for the transcontinental shipment. A facility specializing in freight forwarding and project logistics has packaged 48 containers, with the total container count expected to reach over 100 before a chartered vessel departs from the port of Durban, South Africa, for the port of Santos in Brazil.
The DMS modules of the plant have successfully undergone trial assembly in South Africa, as previously announced. Some of the remaining parts in near-final stages of fabrication are effluent components, recently modified to improve water efficiency, as well as conveyors. Facilities where some of these final outstanding pieces are being completed were also visited in South Africa.
Figure 1 - Brian Talbot Examines Secondary DMS Components During Visit to South Africa
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Figure 2 - Secondary Vibrating Sizing Screen Ready for Containerized Packaging
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Figure 3 - Various Components Being Prepared for Containerized Packaging
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Figure 4 - Inspection of Monopump Coupling Part
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Figure 5 -Surge Tank Components Ready for Containerized Shipping
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Figure 6 - Loading of Conveyors for Containerized Shipment
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The modular design of the plant, a first for Brazil's lithium industry, is expected to streamline transportation, installation, and commissioning processes. Its significantly reduced height, weight, and overall physical footprint make it a premier environmentally friendly design. Moreover, the plant will feature the lowest processing circuit water usage in the industry, setting a new standard for water preservation in lithium production. This combination of modular efficiency and water conservation further solidifies Atlas Lithium's commitment to sustainable practices in the lithium industry.
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, deposits, 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 the lithium market and 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; ability to receive the necessary permits from the Brazilian regulators; 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/220666
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