Atlas Lithium Corporation (Nasdaq: ATLX)

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.

Our team was honored to present our vision to the visiting U.S. representatives at our Brazilian office. $ATLX is poised to significantly contribute to the global #lithium supply with our extensive mineral rights portfolio in Brazil's Lithium Valley. https://buff.ly/4dC7Dpy

The demand for sustainably sourced #lithium is expected to grow 29% yearly through 2030 in the U.S., maintaining a positive outlook for the lithium market. $ATLX expects the first shipment of its high quality lithium concentrate in Q1, 2025. https://buff.ly/3AerIni

"In an estimate based on stated policies for EVs and battery storage, demand for #lithium could grow by 13 times from 2020 to 2040." Learn more about $ATLX: Transitioning from exploration to production in Q4 2024. https://buff.ly/3W6mXn7

Top Biden official: Election won’t undermine climate work A senior State Department official expressed confidence that the march toward clean energy and decarbonization will continue regardless of who wins the White House. Assistant Secretary of State for Energy Resources Geoffrey Pyatt, a Biden appointee, told reporters during a press call that while he’s a career foreign service officer who avoids political speculation, he believes the build-out of battery manufacturing, electric vehicle supply chains, and those for wind and hydrogen technologies are going to continue in both red and blue states with help of the Inflation Reduction Act. “I think all of that is going to continue regardless of what happens in our electoral politics, because it's being [driven] by consumer choice,” said Pyatt. “It's being driven by technology, it's being driven by price competitiveness.” The Biden administration has been exploring partnerships across the world tied to securing critical minerals like lithium, nickel, zinc, cobalt and rare earths to meet booming demand for EV batteries, renewable energy technology and defense applications. The government is now looking to Brazil to help shore up and diversify supplies of critical minerals amid the ongoing energy transition. Pyatt, who has also served as an ambassador under the Trump and Obama administrations, said he recently brought that message of optimism to mining-rich Brazil, where he met with top energy, economic and finance officials, as well as U.S. companies investing to develop lithium and other minerals there. That trip occurred ahead of Brazil hosting the international climate meeting, COP 30, in November 2025. While the Biden administration at this time is not negotiating a critical minerals agreement with Brazil, Pyatt highlighted that negotiations with the European Union and the United Kingdom continue and noted that the U.S. has already forged such a deal with Japan. "I don't know what's going to happen in a future administration as regards these critical minerals agreements," said Pyatt, adding that a number of other governments around the world want to find a way to tap into Inflation Reduction Act incentive and negotiations will continue going into 2025. Pyatt repeatedly said U.S. companies are stepping into the critical mineral space, some with the help of federal funding and support. Pyatt said that, while in Brazil, he met with officials from Atlas Lithium, a U.S.-based mineral exploration company that expects to be mining hard rock lithium by the end of the year in Brazil, as well as Sigma Lithium Resources, a company that’s also focusing on mining for lithium in Brazil. “We're going to do as much of this as we can in the United States, but we definitely can't do it alone,” said Pyatt. “And in this regard, Brazil is well-positioned, both in terms of its geography, but also in terms of the demonstrated capacity of its big companies and its investors.” https://lnkd.in/dDKtAXCM

Yesterday, Atlas Lithium hosted a delegation of U.S. diplomats for a working lunch and visit to our corporate office in Belo Horizonte. This visit underscores the increasing recognition of our lithium project. Attending from the U.S. side: - Ambassador Geoffrey Pyatt, U.S. Assistant Secretary of State for Energy Resources -Benjamin Burnes, Energy Officer for South America -Renato Barreda, Economic Officer, Mining & Critical Minerals -Katherine Ordonez, U.S. Consul -Tulio Teixeira, Commercial Specialist, Mining Sector The photo shows Marc Fogassa, our Chairman and CEO, greeting Ambassador Pyatt. $ATLX #Lithium