Canada-based American Lithium has increased its investment in the Falchani lithium project in Peru by 22%, reaching a total of $847m. The decision follows a ruling by the Peruvian Supreme Court in favour of its subsidiary, Macusani Yellowcake, in a legal dispute over 32 mining concessions, as reported by Reuters. The court unanimously rejected claims from INGEMMET and MINEM with respect to ownership of the concessions, clearing the path for further development. Reuters quoted Macusani Yellowcake genera ...

Group 1 - The lithium supply and demand dynamics are showing signs of balance due to recent production closures at key companies like CATL, leading to a rise in the prices of lithium concentrate and lithium carbonate equivalent (LCE) from previously depressed levels [1] - The article highlights the importance of understanding various industries and macroeconomic factors, emphasizing the value of experience in analyzing diverse sectors such as airlines, oil, retail, mining, fintech, and e-commerce [1] Group 2 - The article does not provide any specific financial data or performance metrics related to the companies mentioned [2][3] - There are no investment recommendations or advice given regarding the suitability of investments in the companies discussed [2][3]

Core Insights - Q2 Metals Corp. announced successful results from the first phase of metallurgical testing on drill core samples from the Cisco Lithium Project, indicating strong recovery rates and low iron content in the concentrate [2][3][4] Metallurgical Testing Results - The preliminary test aimed for a spodumene concentrate with approximately 70% recovery, confirming that a Dense Media Separation (DMS) process is suitable for the Cisco Project [3][4] - Composite samples achieved the following recoveries and concentrate grades: - Composite 18: 74.1% recovery, 5.69% Li2O, 0.42% Fe2O3 [7][12] - Composite 21: 69.6% recovery, 5.08% Li2O, 0.55% Fe2O3 [7][12] - Composite 23: 71.6% recovery, 5.60% Li2O, 0.46% Fe2O3 [7][12] - The optimal crush size for testing was determined to be -6.3 mm, with lithium recovery ranging from 70% to 74% and concentrate grades between 5.08% and 5.96% Li2O [8] Next Steps in Testing - Further metallurgical work will assess the necessity of magnetic separation and the potential for flotation circuits to enhance recovery rates [9] - Additional HLS testing will be conducted on other areas of the main mineralized zone to confirm recovery rates [13] Project Overview - The Cisco Lithium Project covers 41,253 hectares with an initial exploration target estimating lithium mineralization of 215 to 329 million tonnes at grades of 1.0% to 1.38% Li2O [15][16] - Ongoing drill testing indicates potential for significant expansion of the mineralized zone, with results from the 2025 Summer Program expected in the coming weeks [17]

Core Insights - Atlas Lithium Corporation has reported exceptional exploration results from its 100%-owned Salinas Project in Brazil, confirming high-quality lithium mineralization near the surface, which positions Salinas as the next growth frontier for the company [1][4][10] Salinas Project Overview - The Salinas Project covers 388 hectares (959 acres) in northern Minas Gerais, located 5 miles east of the Colina Project, which was acquired by Pilbara Minerals for approximately $370 million in August 2024 [2] - The project is situated about 100 kilometers (60 miles) north of Atlas Lithium's flagship Neves Project, in a region known for its lithium prospectivity within Brazil's Lithium Valley [2] Exploration Activities - Comprehensive exploration activities at Salinas have included systematic soil sampling, geological mapping, LIDAR surveys, and high-resolution aerial photogrammetry, successfully identifying multiple spodumene-rich pegmatite bodies [3] Initial Drilling Results - Initial drilling results at the Salinas Project have confirmed significant spodumene mineralization at a depth of only 23 meters, with 501 meters of diamond drilling completed to date [4][5] - Analytical results indicate Li₂O grades exceeding 2.0%, demonstrating strong geological potential for cost-effective open-pit mining [5] Strategic Growth Opportunity - The Salinas Project is viewed as a compelling growth opportunity that could significantly expand future production capacity, validating the company's strategic vision for regional growth [10] - The proximity of Salinas to Pilbara's Colina Project enhances its strategic importance [10] Neves Project Focus - While advancing the Salinas Project, the company remains committed to bringing its flagship Neves Project into production, which has demonstrated exceptional project economics [12][15] - The Neves Project's Definitive Feasibility Study (DFS) highlights include a 145% IRR, $539 million NPV, and an 11-month payback period, with a DMS plant capable of producing up to 150,000 tpa of lithium concentrate [13][17]

Core Viewpoint - Atlas Lithium Corporation has completed a Definitive Feasibility Study (DFS) for its Neves Lithium Project, indicating strong financial metrics including a 145% internal rate of return (IRR), an 11-month payback period, and an after-tax net present value (NPV) of $539 million, positioning it as a low-cost producer in the lithium sector [1][12]. Financial Metrics - The Neves Project is projected to have operational production costs of $489 per tonne of lithium concentrate, making it one of the lowest-cost producers globally [1]. - Direct capital expenditures for the project are estimated at $57.6 million, which is the lowest among other announced projects in Brazil [2]. - The company has already invested approximately $30 million in acquiring and transporting the project's dense media separation (DMS) plant to Brazil [2]. Project Implementation and Technology - The project will utilize proven DMS technology, with a robust lithium recovery rate of 61.7%, producing high-quality, low-impurity lithium concentrate [3]. - The DFS has validated the project's strong economics, emphasizing its capital efficiency and low operating costs [3]. Regulatory and Operational Status - The Neves Project received its mining concession status ("Portaria de Lavra") from Brazil's Ministry of Mines and Energy on May 27, 2025, allowing for continuous mining operations [4]. - The project is located in the Araçuaí Pegmatite District, benefiting from favorable infrastructure and tax incentives that reduce the corporate tax rate from 34% to 15.25% [5][6]. Future Expansion Opportunities - Atlas Lithium is strategically positioned for future growth with its Salinas and Clear Projects, both of which are 100% owned by the company and have shown promising initial results [9][10]. - The Salinas Project is located near a previously owned lithium asset that was acquired for approximately $370 million, indicating its potential value [9]. Leadership and Management - Project implementation is being overseen by Eduardo Queiroz, who has over two decades of experience in managing large-scale mining projects [8]. - The company aims to create quality employment opportunities in the Vale do Jequitinhonha region, contributing to local society [7].