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Atlas Lithium Advances Neves Project with Final Stage of Project Management and Construction Supervision Contracting
TMX Newsfileยท 2025-12-22 12:30
Core Insights - Atlas Lithium Corporation is advancing towards production at its Neves Project in Brazil's Lithium Valley and has entered the final stage of contracting project management and construction supervision services [1][2] Project Management and Execution - The project management scope includes planning, coordination, monitoring, and control of all activities required for project execution, ensuring compliance with schedule, cost, scope, quality, safety, and overall performance objectives [2] - The selection process involved extensive due diligence on five firms with proven experience in similar projects, focusing on technical excellence, track record in Brazilian mining, project management methodology, and the qualifications of the proposed technical team [2] Timeline and Production Readiness - The contract award milestone is expected to occur early in 2026, allowing for the timely commencement of the implementation phase [3] - Atlas Lithium's lithium processing plant has already been delivered to Brazil and is ready for assembly and pre-operational testing, which supports a shortened production timeline [3] Strategic Importance - Securing a top-tier project management partner is viewed as a critical step in the company's disciplined approach to becoming a producer of lithium concentrate [4] - The interest from qualified firms indicates the attractiveness of the Neves Project, with key permits in place and a focus on cost discipline and schedule optimization [4]