Atlas Critical Minerals Reports Strong Initial Graphite Recovery of 96.6% in Its Minas Gerais Project

Core Insights - Atlas Critical Minerals Corporation reported a strong initial graphite recovery of 96.6% from its Minas Gerais Graphite Project, indicating significant potential for commercial viability [1][11] - The project covers 1,258 hectares in Minas Gerais, Brazil, and surface samples showed up to 15.4% graphitic carbon content [1][4] Project Overview - The Minas Gerais Graphite Project is 100% owned by Atlas Critical Minerals and is part of a larger portfolio of critical mineral rights in Brazil, which includes rare earths and titanium [14] - SGS Canada, Inc. was engaged to prepare technical reports under U.S. Regulation S-K 1300, with qualified personnel overseeing the project [1] Metallurgical Testing - Initial metallurgical tests were conducted using 50 kg of representative samples, employing conventional flotation, regrinding, and attrition techniques [7][11] - The tests aimed to design a concentration flowsheet to upgrade graphite content into a commercially viable concentrate [7] Analytical Results - The flotation concentrates achieved grades between 91.3% and 97.7% graphitic carbon across various size intervals, demonstrating the effectiveness of the processing methods [8][10] - The highest graphitic carbon content in the samples tested was 15.4%, while the lowest was 1.89% [8] Conclusion - The results from the Minas Gerais Graphite Project highlight the strong potential for high-grade graphite production, which is essential for various applications, including defense and electrification [14]