Atlas Lithium Advances Pre-Assembly Steps for Its Processing Plant

(NASDAQ: ATLX) Atlas Lithium Corporation announced that critical pre-assembly steps are well underway for its modular dense media separation (DMS) lithium processing plant at the 100%-owned and fully permitted Neves Project in Minas Gerais, Brazil. The company's engineering staff is working with Alfa Engenharia, the electromechanical assembly contractor, and the South African engineering company that designed the DMS Plant to prepare components and determine the optimal assembly sequence. The Plant is already paid for, located in Brazil, and fully permitted for installation and operation, which substantially reduces capital and schedule risks. Alfa Engenharia was engaged well in advance of assembly to ensure readiness. The modular components are being grouped into delivery packages and sequenced for efficient assembly. The Plant's modular design allows for future increases in production capacity. The Plant is expected to produce approximately 146,000 tonnes of lithium concentrate per year. The DMS modules were trial assembled in South Africa before being shipped to Brazil. The Plant features advanced recirculation systems designed to recycle approximately 95% of process water, making it among the most water-efficient plants in the sector. The Plant will use 100% dry-stacked tailings, eliminating the need for a tailings dam and reducing environmental risk. The Neves Project is fully permitted, and its Definitive Feasibility Study demonstrates robust economics with a 145% IRR and an 11-month payback. Atlas Lithium owns approximately 557 square kilometers of lithium mineral rights, representing the largest lithium exploration footprint in Brazil among publicly listed companies. Atlas Lithium also holds an approximate 20% ownership stake in Atlas Critical Minerals Corporation (NASDAQ: ATCX). The company continues to receive written product interest from large, well-established companies that, in aggregate, exceeds its planned production.

Atlas Lithium Receives Strong Product Demand; On Track for Commercial Production in 2027

(NASDAQ: ATLX) Atlas Lithium Corporation announced that it is on track for first commercial production of lithium oxide concentrate in the fourth quarter of 2027. The Company's 100%-owned and fully permitted Neves Project will produce approximately 150,000 tonnes of high-quality lithium oxide concentrate per year. Atlas Lithium has received written product interest from multiple companies totaling more than three times its planned production capacity. The Definitive Feasibility Study (DFS) results show a 145% after-tax IRR and an 11-month payback period, with operating costs of $489 per tonne versus recent market prices of roughly $2,300 per tonne. The Company anticipates that its fully integrated facility will generate more than 5,000 direct and indirect jobs in the Jequitinhonha Valley, Minas Gerais State in Brazil. Atlas Lithium's Jequitinhonha Valley employees already earn, on average, twice the prevailing local wage and receive healthcare coverage and other benefits that exceed regional standards. Atlas Lithium currently holds an approximate 20% ownership stake in Atlas Critical Minerals Corporation (NASDAQ: ATCX).

Atlas Lithium Granted Expansion Permit for Its Neves Project

(NASDAQ: ATLX) Atlas Lithium Corporation announced that it has received the expansion permit for its 100%-owned Neves Project in Minas Gerais, Brazil. The Definitive Feasibility Study (DFS), completed by SGS Canada Inc., projects annual production of approximately 146,000 tonnes of lithium concentrate, an after-tax Internal Rate of Return (IRR) of 145%, and an estimated 11-month payback period. The projected operating cost is $489 per tonne of lithium concentrate, compared to recent market prices of around $2,200 per tonne. Atlas Lithium owns approximately 557 square kilometers of lithium mineral rights, representing the largest lithium exploration footprint in Brazil among publicly listed companies. The company received a $30 million equity investment from Mitsui & Co., one of Japan's leading diversified conglomerates. Atlas Lithium currently holds an approximate 20% ownership stake in Atlas Critical Minerals Corporation (NASDAQ: ATCX). The company's modular Dense Media Separation (DMS) lithium processing plant has already been delivered to Brazil and is ready for assembly.

Atlas Lithium CEO to Deliver Keynote Address at the 3rd Brazil Lithium & Critical Minerals Summit

(NASDAQ: ATLX) Atlas Lithium Corp. announced that Chairman and CEO Marc Fogassa will deliver the Strategic Keynote Presentation at the 3rd Brazil Lithium & Critical Minerals Summit 2026, held June 17-18 in Belo Horizonte, Minas Gerais, Brazil. The company controls the largest lithium exploration portfolio in Brazil's Lithium Valley among publicly listed companies, with approximately 557 square kilometers of lithium mineral rights. The Neves Project, Atlas Lithium's flagship, is advancing toward production and has received operational permitting, with a Definitive Feasibility Study indicating a 145% internal rate of return (IRR) and an 11-month payback period. The company's modular lithium processing plant in Brazil is fully permitted and ready for assembly, and its dense media separation plant has been acquired and transported to Brazil. Atlas Lithium's position has been validated by a $30 million investment from Mitsui & Co., one of Japan's leading conglomerates. Additionally, Atlas Lithium holds an approximate 20% ownership stake in Atlas Critical Minerals Corp. (NASDAQ: ATCX), providing exposure to rare earth elements, graphite, and titanium. The company projects advancing the Neves Project to production and reaching estimated production, development plans, and cost estimates as reported in the Definitive Feasibility Study.

Atlas Lithium Corporation Announces Results of 2026 Annual Meeting of Stockholders

(NASDAQ: ATLX) Atlas Lithium Corporation announced the results of its 2026 Annual Meeting of Stockholders, held on May 28, 2026, with approximately 81.30% of the Company's outstanding shares entitled to vote present or represented by proxy. The percentage of votes cast "for" each director was: Marc Fogassa, Chairman and Chief Executive Officer: 99.51%; Ambassador Roger Noriega (independent director): 99.78%; Cassiopeia Olson (independent director): 98.99%; Stephen Petersen, CFA (independent director): 99.50%; Admiral Flavio Rocha (independent director): 99.76%. The Neves Project's Definitive Feasibility Study demonstrates strong economics with an anticipated 145% IRR, $539 million NPV, and an 11-month payback period. The Neves Project has received operational permitting, and its dense media separation plant has been manufactured and transported to Brazil. Atlas Lithium currently holds an approximate 20% ownership stake in Atlas Critical Minerals Corporation (NASDAQ: ATCX). The company projects advancing its Neves Project toward production and executing on milestones ahead.

Atlas Lithium Advances Neves Project Execution with Contract for Lithium Processing Plant Assembly

Atlas Lithium Corporation (NASDAQ: ATLX) announced the engagement of Alfa Engenharia as the specialized electromechanical assembly contractor for its Neves Project. The company's fully paid, 100%-owned lithium processing plant, manufactured in South Africa, has been transported to Brazil. Alfa was selected through a competitive procurement process based on its experience and alignment with the Definitive Feasibility Study (DFS). The contract with Alfa was finalized at or below the budget projections outlined in the DFS. According to the DFS, the Neves Project is expected to produce approximately 146,000 tonnes of lithium concentrate per year at an estimated operating cost of $489 per tonne. The Neves Project's DFS demonstrates a 145% IRR, $539 million NPV, and an 11-month payback. Atlas Lithium owns approximately 557 square kilometers of lithium mineral rights in Brazil and holds an approximate 21% ownership stake in Atlas Critical Minerals Corporation (NASDAQ: ATCX). The company continues to finalize the selection of remaining operational partners and advance the Neves Project toward full implementation and lithium concentrate production.

Atlas Lithium Contracts Key Project Execution Partners to Drive Its Neves Project Toward Production

Atlas Lithium Corporation (NASDAQ: ATLX) announced the engagement of key operational partners for its 100%-owned Neves Project in Brazil. Contracts for engineering, construction, and project management were awarded through a competitive process and finalized at or below the budget projections outlined in the Company's Definitive Feasibility Study (DFS). The Neves Project is expected to produce approximately 146,000 tonnes of lithium concentrate per year at an estimated operating cost of $489 per tonne, with lithium concentrate recently trading at approximately $2,000 per tonne. The DFS demonstrates excellent economics with a 145% IRR, $539 million NPV, and an 11-month payback. Atlas Lithium owns the largest lithium exploration footprint in Brazil among publicly listed companies, with approximately 557 square kilometers of lithium mineral rights.