Atlas Lithium Corporation (Nasdaq: ATLX)

$ATLX NEWS: Atlas Lithium Advances Its Salinas Project Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to announce that it has discovered spodumene-rich pegmatites in its Salinas Project area located approximately 60 miles north of its flagship Neves Project, where the Company’s initial lithium concentrate production is planned to take place. Atlas Lithium’s Salinas Project spans 388 hectares (approximately 959 acres) and is situated just 5 miles east of Latin Resources' Colina Project, a significant lithium deposit. It is relevant to note that in August 2024, Pilbara Minerals Ltd., a major lithium producer, announced that it has entered into a binding agreement to acquire lithium exploration company Latin Resources Ltd. for consideration worth approximately US$370 million. The Company considers its Salinas Project a promising lithium-bearing area where spodumene-rich pegmatites (“SRPs”) have now been identified and mapped. Atlas Lithium’s technical team has also completed soil geochemistry and LIDAR geological mapping with favorable results, and is now pursuing further geological and geophysical studies prior to initiation of a drilling campaign. Given the attractive observed data and current market dynamics, the Salinas Project area has emerged as a prime candidate for Atlas Lithium's future growth plans. The Company’s highest priority remains to bring its Neves Project to production. As previously reported, the Neves Project is in the final stage of operational licensing for both its processing plant and one of its lithium deposits. Atlas Lithium believes that it is strategically positioned to capitalize on its exposure to two significant yet distinct spodumene areas in Brazil’s Lithium Valley. In the southern region, the Company's Neves Project offers access to high-quality, large-crystal spodumene suitable for open-pit mining and processing into lithium concentrate, a key ingredient in the global supply chain for electric vehicle (EV) batteries. This site is poised to become the source of Atlas Lithium's initial production and revenue generation. In the northern part of Lithium Valley, as announced today, Atlas Lithium plans to actively participate in the development of the lithium district surrounding the Salinas municipality, a process further catalyzed by the recently announced Pilbara acquisition. https://lnkd.in/dsna4Zfe $ATLX #Lithium #EV #GreenEnergy

Brazil's lithium promise: The Brazilian Ministry estimates that investments in Brazil’s lithium sector will reach USD$2.735 billion by 2030. $ATLX is well-positioned among Brazilian lithium companies with its largest #lithium exploration footprint in Brazil's #Lithium Valley. https://buff.ly/4grqWnQ.

$ATLX NEWS: Atlas Lithium Progresses Towards Key Permitting Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to announce that the technical management group of the state of Minas Gerais Environmental Foundation, the governmental agency regulating operational licensing within the state of Minas Gerais (the “Agency”), issued a 161-page technical report which recommends approval of Atlas Lithium’s permit application for its Neves Project. This is a critical step for the Company’s ability to receive the permit to assemble and operate its lithium processing plant and to process the mined ore at the facility.   Atlas Lithium filed its operational permit application on September 1, 2023. Since then, the Company’s Neves Project has been inspected by the Agency’s technical team, an essential step in the permitting process. During the last twelve months, Atlas Lithium received multiple sets of technical questions from the Agency’s staff which the Company addressed timely, leading up to the issuance of the Agency’s comprehensive report with the favorable recommendation for the approval of the Company’s permit application.   Marc Fogassa, CEO of the Company, commented, "This milestone announcement is one of the most significant developments in Atlas Lithium’s history. We extend our gratitude to the numerous experts from the environmental agency of the state of Minas Gerais who thoroughly analyzed our project and concluded with their recommendation for approval of our permit. We are continuing our steady progress towards becoming a producer."   In other news, preparations continue as planned for the shipment of the Company's lithium processing plant to Brazil. The plant’s components, manufactured in South Africa, will be assembled in Brazil to process ore from the Company's Neves Project and produce lithium concentrate, a crucial commercial product in the global lithium supply chain and essential for EV battery production.   “The Atlas Lithium processing plant represents an advancement over traditional designs as it is compact and modular. We are making continued progress in finalizing all necessary pre-shipment steps”, said James Schloffer, a lithium processing expert and member of the Company’s Operations Committee.   The Company’s compact, modular plant design is expected to streamline transportation, installation, and commissioning. Compared to other processing facilities in the lithium industry today, this dense media separation plant will have reduced height, weight, and overall physical footprint. These features will contribute to an environmentally sustainable design that minimizes water usage by maximizing water recycling. Furthermore, Atlas Lithium’s project will employ dry stacking of tailings without the use of dams. https://lnkd.in/dn5S3Uet $ATLX #Lithium #EV #GreenEnergy

Atlas Lithium’s Modular Lithium Processing Plant Readies for Brazil https://lnkd.in/dTAyK5SB $ATLX #Lithium #EV #GreenEnergy

Demand for sustainably sourced minerals to fuel the energy transition has uncovered geopolitical opportunities, particularly in Latin America. Brazil's strategic location makes it an appealing prospect for international partners. $ATLX stands out among Brazilian #lithium companies with the largest lithium exploration footprint in the region. https://buff.ly/4cvC6WK

Holding half of the world’s estimated lithium reserves, Latin America to play a key role in supporting the energy transition. $ATLX is committed to contributing to the #energytransition movement with the largest #lithium exploration footprint in Brazil’s #LithiumValley.

$ATLX NEWS: Atlas Lithium Recognized For Its Plant Design 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. $ATLX #Lithium #EV #BatteryMetals https://lnkd.in/eVUakNQX

Brazil's geographic location and extensive mineral portfolio offer an attractive market for investors amid concerns over #lithium supply shortage. $ATLX has established a strong position among Brazilian lithium companies by recently expanding its lithium exploration portfolio in Brazil and advancing towards production. https://buff.ly/3Z3K3Oi

$ATLX NEWS: Atlas Lithium's Modular Lithium Processing Plant Readies For Brazil   - 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. https://lnkd.in/dExpJ_db $ATLX #Lithium #EV #GreenEnergy

Lithium shortage is expected by 2035, when global supply should meet only 50% of demand. $ATLX is committed to supporting the energy transition with the largest #Lithium exploration footprint in Brazil's #Lithium Valley.