Atlas Lithium's Critical Minerals Subsidiary Reports Strong Rare Earths, Titanium, and Graphite Results

Core Insights - Atlas Lithium Corporation's subsidiary, Atlas Critical Minerals, reported high-grade near-surface rare earths mineralization with grades reaching 28,870 ppm TREO and 23.2% TiO₂, alongside graphite concentrate results of up to 96.6% [1][5][6] - The company holds over 575,000 acres of mineral rights in Brazil, which is known for its significant rare earth deposits and is home to the world's second-largest graphite reserves [1][8] - The strategic importance of critical minerals has been highlighted by recent investments, such as the U.S. Department of Defense's $400 million investment in MP Materials, emphasizing the growing demand for these resources [7][8] Company Overview - Atlas Lithium is advancing its wholly owned Neves lithium project in Minas Gerais, Brazil, which encompasses approximately 539 square kilometers of lithium mineral rights, making it the largest lithium exploration footprint in Brazil among publicly listed companies [10][12] - The company has a 30.1% ownership stake in Atlas Critical Minerals, providing shareholders with exposure to a broader range of critical minerals [1][12] Project Highlights - The Alto Paranaíba rare earths and titanium project is located in a proven rare earths region and is divided into three exploration blocks for operational efficiency [2] - Initial results from the graphite project in Minas Gerais indicate strong metallurgical performance, with conventional flotation techniques yielding graphite concentrates of up to 96.6% total graphite carbon [6][9]