Core Insights - Atlas Lithium Corporation has announced that its subsidiary, Atlas Critical Minerals Corporation, has begun trading on the Nasdaq Capital Market under the ticker symbol "ATCX" [1] - Atlas Critical Minerals controls over 218,000 hectares of mineral rights in Brazil, making it one of the largest portfolios for strategic minerals among publicly traded companies [1] - The Neves Project, owned by Atlas Lithium, has demonstrated strong economic metrics with a 145% IRR, a $539 million NPV, and an 11-month payback period [3] - Atlas Lithium holds approximately 21% ownership in Atlas Critical Minerals Corporation [3] Company Overview - Atlas Lithium Corporation is focused on lithium exploration and development, particularly advancing the Neves Project to production [3] - The Neves Project has received operational permitting, and the necessary dense media separation plant has been acquired and transported to Brazil [3] - Atlas Lithium boasts the largest lithium exploration footprint in Brazil among publicly listed companies, covering approximately 557 square kilometers of lithium mineral rights [3] Additional Projects - The company is also involved in rare earths, graphite, uranium, and iron ore projects, with notable highlights including: - Rare Earths projects featuring surface samples with grades up to 28,870 ppm TREO, with Brazil holding the world's second-largest deposits of rare earths after China [5] - Graphite project achieving 99.9995% carbon purity, qualifying for the ultra-premium nuclear graphite market [5] - A uranium portfolio spanning 143,725 hectares across 39 mineral rights [5] - An operational iron ore project that commenced shipments in late 2025 [5]
Atlas Lithium's Critical Minerals Subsidiary Commences Trading on NASDAQ