Welcome to our dedicated page for Atlas Lithium Corporation news (Ticker: ATLX), a resource for investors and traders seeking the latest updates and insights on Atlas Lithium Corporation stock.
Atlas Lithium Corp is a mineral exploration and development company with lithium projects and exploration properties in other critical and battery minerals, including nickel, rare earth, graphite, and titanium, to power the increased demand for electrification. Its focus is on developing its hard-rock lithium project Minas Gerais Lithium Project located in Minas Gerais State in Brazil. The company intends to produce and sell lithium concentrate, a key ingredient for the battery supply chain. They intend to mine and then process its lithium-containing ore to produce lithium concentrate (also known as spodumene concentrate), a key ingredient for the battery supply chain.
Latest News:
- Renowned lithium expert Brian Talbot has agreed to join Atlas Lithium as Chief Operating Officer and Member of the Company's Board of Directors on April 1, 2024, a highly significant milestone.
- Brian Talbot's addition to Atlas Lithium's team further enables the Company's early revenue strategy targeting first lithium concentrate production in Q4 2024.
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Atlas Lithium Corporation (NASDAQ: ATLX) is progressing well with the construction of its modular DMS lithium processing plant in Brazil, aiming for first production in Q4 2024. The plant's compact, modular design and expert team are key factors in the accelerated timeline. The Company has secured binding offtake agreements with Chengxin and Yahua, ensuring a visible revenue stream.
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Atlas Lithium Corporation (NASDAQ: ATLX) announces the expansion of its Anitta 3 pegmatite at the Neves Project in Brazil's Lithium Valley. Recent drill holes have intersected high-grade lithium mineralization, with select results showing up to 1.61% Li2O over 7.0 meters. The shallow, near-surface mineralization allows for open-pit mining operations, reducing costs and benefiting overall economics. CEO Marc Fogassa highlights the potential for Anitta 3 to become a producer of high-quality, low-cost lithium concentrate.
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Atlas Lithium Corporation (NASDAQ: ATLX) announces its participation in two prominent mining events to showcase its progress towards sustainable lithium production. CEO Marc Fogassa will present at the BMO Global Metals & Mining Conference and the PDAC Convention to highlight the Company's growth story and flagship lithium project in Brazil's Lithium Valley.
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Atlas Lithium Corporation (NASDAQ: ATLX) has been invited to co-host the Brazil Lithium Summit 2024, endorsed by Invest Minas, to connect key Brazilian stakeholders with premier lithium companies operating in Brazil. The event aims to showcase Brazil's emerging leadership in environmentally sustainable lithium production and its potential as a major supplier for electric vehicle batteries and clean energy storage. The Summit, scheduled for June 12-13, 2024, in Belo Horizonte, Minas Gerais, will facilitate partnerships and conversations to realize the nation's enormous potential.
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Atlas Lithium Corporation (ATLX) reports additional high-grade lithium mineralization in Anitta 3 and Anitta 4 pegmatites at its Neves Project in Brazil's Lithium Valley. The latest drill holes intersected 1.44% Li2O over 47.00m, 1.32% Li2O over 42.88m, and 1.20% Li2O over 9.65m, among other promising results. The drone magnetics geophysics surveys have started, covering the entire Neves Project, with the potential for significant lithium mineralized zones close to the surface.
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Atlas Lithium Corporation (NASDAQ: ATLX) has secured a $50 million investment from Chengxin Lithium Group and Yahua Industrial Group, with $10 million as equity and $40 million as non-dilutive prepayment, fully funding its Phase 1 lithium concentrate production. The offtake agreements with the two companies will allow Atlas Lithium to produce up to 150,000 tonnes per annum of battery grade spodumene concentrate by Q4 2024. The company aims to become one of the highest-quality, lowest-cost lithium producers globally.
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Atlas Lithium Corporation (NASDAQ: ATLX) announces a US$ 20,000,000 strategic raise led by renowned mining professional Martin Rowley, with a 6.5% per annum convertible note at a 25% premium to the current stock price, aiming to advance the development of its Neves Project in Brazil's Lithium Valley.
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Atlas Lithium Corporation has been invited to present at the annual Goldman Sachs Global Metals and Mining Conference in New York on November 15-16, 2023. The company will participate in the flagship lithium panel and conduct meetings with institutional investors. Goldman Sachs has shown interest in Atlas Lithium's lithium project in Brazil.
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Atlas Lithium Corporation provides a corporate update for Q3 2023, highlighting recent exploration efforts and key operational highlights. The company has identified six new target areas at its Neves Project and completed significant drilling. They have also made strategic appointments and ended the quarter with $22.8 million in cash and cash equivalents. The company has obtained strong metallurgical results and expanded its flagship pegmatite. The release of the Preliminary Economic Analysis (PEA) and Mineral Resource Estimate (MRE) has been moved to Q1 2024.
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Atlas Lithium Corporation announces promising geochemical lithium assay results from the ongoing drilling campaign at its Neves Project in Brazil's Lithium Valley.
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FAQ
What is the current stock price of Atlas Lithium Corporation (ATLX)?
The current stock price of Atlas Lithium Corporation (ATLX) is $6.36 as of December 20, 2024.
What is the market cap of Atlas Lithium Corporation (ATLX)?
The market cap of Atlas Lithium Corporation (ATLX) is approximately 100.8M.
What is Atlas Lithium Corp focused on?
Atlas Lithium Corp is focused on advancing its hard-rock lithium project in Minas Gerais, Brazil, and exploring other critical battery minerals.
What is the latest news about Atlas Lithium Corp?
Renowned lithium expert Brian Talbot has joined the company as Chief Operating Officer and Board Member, enhancing the early revenue strategy for lithium concentrate production by Q4 2024.
What is the significance of Brian Talbot joining Atlas Lithium Corp?
Brian Talbot's addition to Atlas Lithium's team signifies a major milestone and strengthens the company's approach to early revenue strategy for lithium concentrate production.
Where is the Minas Gerais Lithium Project located?
The Minas Gerais Lithium Project is located in Minas Gerais State in Brazil and is a key focus of Atlas Lithium Corp for producing lithium concentrate.
What is the key product of Atlas Lithium Corp?
Atlas Lithium Corp aims to produce lithium concentrate, which is a crucial ingredient in the battery supply chain.
What is the primary business model of Atlas Lithium Corp?
The primary business model involves mineral exploration and development, with a specific focus on lithium projects to meet the demand for electrification.
What other minerals does Atlas Lithium Corp explore?
In addition to lithium, Atlas Lithium Corp explores critical battery minerals such as nickel, rare earth, graphite, and titanium.
When is Atlas Lithium Corp targeting its first lithium concentrate production?
Atlas Lithium Corp is targeting the production of its first lithium concentrate by Q4 2024 as part of its early revenue strategy.
What are some recent achievements of Atlas Lithium Corp?
Some recent achievements include signing investment and offtake agreements with Mitsui & Co., Ltd., and expanding the lithium mineral rights portfolio in Brazil.
How has Atlas Lithium Corp strengthened its position in the lithium industry?
Atlas Lithium Corp has strengthened its position by forming strategic partnerships, securing investments, and doubling its lithium exploration footprint in Brazil.
Atlas Lithium Corporation
Nasdaq:ATLX
ATLX Rankings
ATLX Stock Data
100.82M
7.70M
49.5%
10.7%
3.27%
Other Industrial Metals & Mining
Mining & Quarrying of Nonmetallic Minerals (no Fuels)
United States of America
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