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Brazil Set to Join the Lithium Producer Ranks with Multiple Projects Underway in 2023
Getting out ahead of its own projectâs development, back in January Atlas Lithium Corporation (NASDAQ: ATLX) announced it had signed a Memorandum of Understanding with multi-billion-dollar Japanese asset manager Mitsui & Co. to potentially acquire Atlasâ future lithium concentrate production.
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Mining Magazine: Atlas Hits Commercial-Grade Lithium Milestone
The ore processed from Atlas Lithium's project demonstrated easy separation, high recovery rates, and no significant contaminants. These results indicate the potential for efficient and cost-effective processing using well-established DMS methods.
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Lithium offers greener energy, less geopolitical instability – Atlas CEO
Atlas Lithium Corp. is a U.S.-based exploration company searching for lithium to feed the world's growing need for the minerals that will be essential to meet swelling demand for electric vehicles and other battery-dependent technologies. The company is focusing its search on Brazil, where it owns 52 mineral rights spread over 56,078 acres in Minas Gerais.
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Atlas Lithium stock rallies on Mitsui interest in Brazilian production plant
Newly uplisted Atlas Lithium (NASDAQ:ATLX) shares jumped as much as 53% Wednesday after the battery metals miner announced that Japanese conglomerate Mitsui has shown interest in acquiring the right to purchase up to 100% of the lithium concentrate generated by Atlas's planned facility in Brazil.
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Atlas Lithium accelerates exploration campaign at its flagship project
Atlas Lithium Corporation, a mineral exploration company focused on lithium and other battery metals critical to powering the green energy revolution, has brought a third diamond core drilling rig at the Abelhas Target in the Neves Area, part of its flagship 100% owned Minas Gerais Lithium Project (MGLP).