Atlas Lithium's Modular Processing Plant Arrives in Brazil, Achieving Critical Milestone Toward Production
Atlas Lithium (NASDAQ: ATLX) has achieved a significant milestone with the arrival of its modular Dense Media Separation (DMS) lithium processing plant at Brazil's Port of Santos on March 7, 2025. The shipment included 141 containers and 10 bulk components, with two additional containers of spare parts expected soon.
The fully-owned facility, which departed from South Africa's Port of Durban on February 2, 2025, features advanced design elements including:
- Compact, modular design for efficient installation
- Reduced environmental footprint
- Advanced water conservation systems
- Dry-stacking technology eliminating tailings dams
The company's Neves Project, which received its operational permit in October 2024, aims to produce up to 150,000 tonnes annually of battery-grade spodumene concentrate. The project is strategically located in Brazil's Lithium Valley, positioning Atlas Lithium to potentially achieve lower production costs compared to Australian suppliers.
Atlas Lithium (NASDAQ: ATLX) ha raggiunto un traguardo significativo con l'arrivo della sua pianta modulare di separazione dei media densi (DMS) per il trattamento del litio nel Porto di Santos in Brasile, il 7 marzo 2025. La spedizione includeva 141 container e 10 componenti sfusi, con due ulteriori container di pezzi di ricambio attesi a breve.
La struttura, interamente di proprietà, è partita dal Porto di Durban in Sudafrica il 2 febbraio 2025 e presenta elementi di design avanzati tra cui:
- Design modulare e compatto per un'installazione efficiente
- Impronta ambientale ridotta
- Sistemi avanzati di conservazione dell'acqua
- Tecnologia di dry-stacking che elimina le dighe di scarto
Il progetto Neves dell'azienda, che ha ricevuto il permesso operativo nell'ottobre 2024, mira a produrre fino a 150.000 tonnellate all'anno di concentrato di spodumene di grado batteria. Il progetto è strategicamente situato nella Valle del Litio in Brasile, posizionando Atlas Lithium per raggiungere potenzialmente costi di produzione inferiori rispetto ai fornitori australiani.
Atlas Lithium (NASDAQ: ATLX) ha logrado un hito significativo con la llegada de su planta modular de separación de medios densos (DMS) para el procesamiento de litio al Puerto de Santos en Brasil, el 7 de marzo de 2025. El envío incluyó 141 contenedores y 10 componentes a granel, con dos contenedores adicionales de piezas de repuesto esperados pronto.
La instalación, de propiedad total, partió del Puerto de Durban en Sudáfrica el 2 de febrero de 2025 y presenta elementos de diseño avanzados que incluyen:
- Diseño modular y compacto para una instalación eficiente
- Huella ambiental reducida
- Sistemas avanzados de conservación de agua
- Tecnología de apilamiento en seco que elimina los diques de desechos
El Proyecto Neves de la empresa, que recibió su permiso operativo en octubre de 2024, tiene como objetivo producir hasta 150,000 toneladas anuales de concentrado de espodumena de grado para baterías. El proyecto está estratégicamente ubicado en el Valle del Litio de Brasil, posicionando a Atlas Lithium para lograr potencialmente costos de producción más bajos en comparación con los proveedores australianos.
아틀라스 리튬 (NASDAQ: ATLX)은 2025년 3월 7일 브라질 산토스 항구에 모듈형 밀도 분리(DMS) 리튬 처리 공장이 도착하면서 중요한 이정표를 세웠습니다. 이 선적에는 141개의 컨테이너와 10개의 벌크 구성 요소가 포함되어 있으며, 추가로 두 개의 예비 부품 컨테이너가 곧 도착할 예정입니다.
이 완전 소유 시설은 2025년 2월 2일 남아프리카 더반 항구를 출발했으며, 다음과 같은 고급 설계 요소를 특징으로 합니다:
- 효율적인 설치를 위한 컴팩트한 모듈형 디자인
- 감소된 환경 발자국
- 고급 수자원 보존 시스템
- 폐기물 댐을 없애는 드라이 스태킹 기술
회사의 네베스 프로젝트는 2024년 10월 운영 허가를 받았으며, 연간 최대 150,000톤의 배터리급 스포듐엔 농축물을 생산하는 것을 목표로 하고 있습니다. 이 프로젝트는 브라질 리튬 밸리에 전략적으로 위치하고 있어 아시아 공급업체에 비해 잠재적으로 낮은 생산 비용을 달성할 수 있도록 아틀라스 리튬을 위치시킵니다.
Atlas Lithium (NASDAQ: ATLX) a atteint une étape importante avec l'arrivée de son usine modulaire de séparation des milieux denses (DMS) pour le traitement du lithium au port de Santos au Brésil, le 7 mars 2025. L'expédition comprenait 141 conteneurs et 10 composants en vrac, avec deux conteneurs supplémentaires de pièces de rechange attendus prochainement.
Cette installation, entièrement détenue, est partie du port de Durban en Afrique du Sud le 2 février 2025 et présente des éléments de conception avancés, notamment :
- Conception modulaire et compacte pour une installation efficace
- Empreinte environnementale réduite
- Systèmes avancés de conservation de l'eau
- Technologie de stockage à sec éliminant les barrages de résidus
Le projet Neves de l'entreprise, qui a reçu son permis opérationnel en octobre 2024, vise à produire jusqu'à 150 000 tonnes par an de concentré de spodumène de qualité batterie. Le projet est stratégiquement situé dans la vallée du lithium au Brésil, positionnant Atlas Lithium pour atteindre potentiellement des coûts de production inférieurs par rapport aux fournisseurs australiens.
Atlas Lithium (NASDAQ: ATLX) hat einen bedeutenden Meilenstein erreicht mit der Ankunft seiner modularen Dichte-Trennungsanlage (DMS) zur Lithiumverarbeitung im Hafen von Santos, Brasilien, am 7. März 2025. Die Lieferung umfasste 141 Container und 10 Bulk-Komponenten, mit zwei zusätzlichen Containern für Ersatzteile, die bald erwartet werden.
Die vollständig im Besitz befindliche Anlage, die am 2. Februar 2025 vom Hafen von Durban in Südafrika abgefahren ist, verfügt über fortschrittliche Designelemente, darunter:
- Kompakte, modulare Bauweise für eine effiziente Installation
- Reduzierter ökologischer Fußabdruck
- Fortschrittliche Wasserschutzsysteme
- Trockeneinlagerungstechnologie, die Rückstandsdämme eliminiert
Das Neves-Projekt des Unternehmens, das im Oktober 2024 seine Betriebszulassung erhielt, zielt darauf ab, jährlich bis zu 150.000 Tonnen batteriefähigen Spodumenkonzentrats zu produzieren. Das Projekt ist strategisch im Lithium-Tal Brasiliens gelegen, was Atlas Lithium in die Lage versetzt, potenziell niedrigere Produktionskosten im Vergleich zu australischen Anbietern zu erreichen.
- Fully owned and paid processing plant demonstrates strong financial position
- Secured operational permits for the Neves Project
- Potential for lower production costs compared to Australian competitors
- Advanced environmental technology could reduce operational expenses
- 150,000 tonnes annual production capacity indicates significant revenue potential
- Plant not yet operational - additional time needed for installation and commissioning
- Two containers of spare parts still pending delivery
- No current revenue generation from lithium production
Insights
Atlas Lithium's arrival of their fully-owned DMS processing plant represents a significant de-risking event in their path to production. For development-stage mining companies, the transition from exploration to production contains several critical milestones - securing permits and establishing processing capabilities are among the most consequential.
With both operational permits secured and processing equipment now in-country, Atlas has cleared two major hurdles that often delay mining projects. The company has demonstrated financial discipline by fully paying for this custom facility upfront, preserving balance sheet flexibility for future operational needs.
The plant's 150,000 tonnes annual production capacity positions Atlas Lithium to capture meaningful market share in the battery-grade spodumene concentrate market. This timing aligns with growing lithium demand from EV manufacturers globally.
The modular design offers strategic advantages beyond just transportation efficiency - it allows for potential capacity expansion without significant redesign should resource estimates increase. Additionally, the plant's water conservation features and dry-stacking tailings management address increasing regulatory scrutiny on mining's environmental impact.
For a company with Atlas Lithium's
The arrival of Atlas Lithium's DMS processing plant marks a pivotal engineering achievement in the company's development roadmap. DMS (Dense Media Separation) technology represents an optimal choice for spodumene processing due to its lower energy requirements and simplified operational complexity compared to alternative concentration methods.
The plant's modular design offers three substantial technical advantages: rapid deployment, reduced commissioning time, and simplified maintenance. By arriving in 141 containers plus bulk components, the facility demonstrates thoughtful engineering in its segmentation and transport planning.
The integrated water recycling systems are particularly noteworthy as water usage remains a critical constraint in mining operations. Similarly, the implementation of dry-stacking tailings technology eliminates one of the highest operational risks in mineral processing - tailings dam failures - while reducing the project's physical footprint.
The processing facility's location in Brazil's emerging Lithium Valley creates logistical advantages for raw material handling and potentially reduced energy costs compared to Australian operations that face higher labor and energy expenses. These factors support the company's assertion of competitive production costs.
With permits secured and processing infrastructure now in-country, the critical remaining challenges involve site preparation, plant assembly, and commissioning - representing substantially lower technical risks than the milestones already achieved.
Boca Raton, Florida--(Newsfile Corp. - March 10, 2025) - Atlas Lithium Corporation (NASDAQ: ATLX), a leading lithium development company, announces the successful arrival of its modular Dense Media Separation (DMS) lithium processing plant at the Port of Santos, Brazil. This pivotal achievement underscores the Company's progress toward becoming a key lithium producer in Brazil's emerging Lithium Valley.
The components of Atlas Lithium's lithium processing plant were carried by the cargo vessel Irene's Wisdom (IMO: 9953391) which arrived at the Port of Santos on March 7, 2025, delivering 141 containers and 10 bulk components. Fully owned and paid for by Atlas Lithium, this newly manufactured facility departed from the Port of Durban, South Africa, on February 2, 2025, following months of careful planning and preparation. Two additional containers, containing spare parts, are scheduled to arrive in the near future.
"This marks a transformative milestone for Atlas Lithium as we advance toward becoming a global supplier in the lithium market," said Marc Fogassa, Chairman and CEO of Atlas Lithium. "With operational permits secured and our modern lithium processing facility now in Brazil, we have overcome two of the most significant hurdles on our journey to production."
Cutting-Edge Modular Plant Design
Atlas Lithium's lithium processing plant incorporates advanced design elements and sustainable technology that set a new benchmark for lithium processing:
- Compact, Modular Design: Allows streamlined transportation, installation, and commissioning, reducing time to production.
- Reduced Environmental Footprint: Optimized physical layout minimizes environmental impact while maintaining high operational efficiency.
- Advanced Water Conservation: Internal recycling systems with lower water consumption compared to traditional plants.
- Sustainable Tailings Management: Dry-stacking technology eliminates the need for tailings dams, promoting greater environmental sustainability.
Strategic Progress Toward Production
The Neves Project, Atlas Lithium's flagship operation, received its operational permit from the state of Minas Gerais in October 2024. The project is positioned to initially produce up to 150,000 tonnes per year of battery-grade spodumene concentrate, a critical raw material for lithium-ion batteries.
Atlas Lithium's operations will benefit from Brazil's Lithium Valley's strategic advantages, including expected lower production costs as compared to suppliers from Australia and other regions.
About Atlas Lithium Corporation
Atlas Lithium Corporation (NASDAQ: ATLX) is advancing to production its wholly owned hard-rock lithium Neves Project located in the state of Minas Gerais, Brazil. The Neves Project received operational permitting from Minas Gerais in October, 2024. With approximately 539 square kilometers of lithium mineral rights in total, Atlas Lithium owns the largest lithium exploration footprint in Brazil of any publicly listed company. Additionally, Atlas Lithium currently holds an approximate
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/A filed with the Securities and Exchange Commission (the "SEC") on November 9, 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/243918
FAQ
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