more_reports
ATLX:NASDAQ

Atlas Lithium Corp.

Atlas Lithium Corporation (NASDAQ: ATLX) is a U.S.-based mineral exploration company with the largest size and breadth of exploration projects for strategic minerals in Brazil, a premier mineral jurisdiction.

We intend to be a leader in the provisioning of minerals essential to the transformation of the global economy from fossil fuels to electrification, a process which is expected to take decades.

Our properties encompass approximately 75,542 acres (306 km2) for lithium, 137,883 acres (558 km2) for nickel, 30,009 acres (121 km2) for rare earths, 22,050 acres (89 km2) for titanium, and 13,766 acres (56 km2) for graphite. Atlas Lithium also owns multiple mining concessions for gold, diamond, and industrial sand.

Atlas Lithium Corp. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

Is Co. Ideally Positioned and at a Great Entry Point Ahead of the New Lithium Bull Market?

Contributed Opinion
  ()
Technical Analyst Clive Maund explains why he thinks Atlas Lithium Corp. (ATLX:NASDAQ) is positioned for great success going forward.

A New Chapter: Co. Announces Expansion Plans in Brazil's Lithium Valley

  ()
Atlas Lithium Corp. (ATLX:NASDAQ), operating in Brazil's Lithium Valley (LV), has announced its medium-to-long-term growth strategy aimed at expanding its lithium operations in the region. Find out how this ambitious strategy positions the company in one of the world's most sought-after lithium hubs.

Analysts Highlight Major De-Risking in Lithium Sector After Key Approval

  ()
Atlas Lithium Corp. (ATLX:NASDAQ) announced late last month that it has received the operational permit for its Neves Project, located in Minas Gerais, Brazil. See what analysts are saying about this "major de-risking event."

Analyst Maintains Buy Rating on Lithium Co. With $19 Target Following Operational Permit Receipt

Research Report
  ()
"We view receipt of this permit as a significant milestone for continued de-risking of the company," noted an H.C. Wainwright & Co. research note.

Lithium Co. Receives Significant Operational Permit

Research Report
  ()
Atlas Lithium Corp. (ATLX:NASDAQ) recently reported it had received the operational permit for its Neves lithium project from the Minas Gerais government in Brazil, according to an Alliance Global research note.

New Operational Permit Paves Way for Key Lithium Project in Brazil's "Lithium Valley"

  ()
Atlas Lithium Corp. (ATLX:NASDAQ) announced that it has received the operational permit for its Neves Project. Read what this permit, unanimously approved by Minas Gerais government in Brazil, allows Atlas to do.

More Articles


Expert Comments:

headshot of Joe Reagor

Joe Reagor, ROTH Capital Partners

(7/26/24)
"We continue to believe Atlas Lithium Corp. has the potential to enter production in early 2025 and that the release of an initial resource estimate and definitive feasibility study later this year could serve as significant positive catalysts."

headshot of Heiko Ihle

Heiko Ihle, H.C. Wainwright & Co.

(7/9/24)
"We continue to await the near-term release of Atlas Lithium Corp.'s definitive feasibility study and updated mineral resource estimate for Das Neves, and expect the studies to yield increased clarity on the site's economic potential. With the overseeing the weighing and packaging of all components of the company's modular dense media plant finishing trial assembly, amid its expected shipment to the site during Q3/24, we remain confident that the firm can start recording revenue from spodumene at Das Neves once production begins."

Mining.com

(6/17/24)
"Atlas Lithium Corp. has more than doubled its lithium exploration portfolio in Brazil. The company stated that with the addition of multiple promising mineral rights in the Doce River and Mucuri Valleys, its portfolio has reached approximately 539 sq km, an area greater than nine times that of New York's Manhattan Island."

Jake Sekelsky, Alliance Global Partners

(4/2/24)
"In our view, Atlas Lithium Corp.'s agreement with Mitsui serves as an additional form of validation for the Minas Gerais lithium project as we continue to expect Atlas to target development of the asset in 2024 with first production targeted by year-end. In short, we view the company as an emerging lithium producer with the ability to scale up production in a staged approach."

headshot of Heiko Ihle

Heiko Ihle, H.C. Wainwright & Co.

(4/1/24)
"Atlas Lithium Corp.'s management anticipates revenues from Das Neves to start in Q4/24. . .we believe that the company remains well-capitalized based on its cash balance of $29.5M, which could ultimately be bolstered thorough additional strategic investments."

headshot of Joe Reagor

Joe Reagor, ROTH Capital Partners

(4/1/24)
"On March 28, 2024, Atlas Lithium Corp. announced the company had entered into an agreement with Mitsui whereby Mitsui would invest $30M via an equity transaction and sign an offtake agreement. We view this as an incremental positive for Atlas and as such, we are reiterating our Buy rating."

More Expert Comments

Experts Following This Company

headshot of Heiko Ihle
Heiko Ihle, Managing Director – H.C. Wainwright & Co.
Clive Maund – CliveMaund.com
headshot of Joe Reagor
Joe Reagor, Analyst – ROTH Capital Partners
Jake Sekelsky, Analyst – Alliance Global Partners

Company News 

11/25/2024 – Atlas Lithium Outlines Regional Growth Strategy

10/7/2024 – Atlas Lithium Advances Its Salinas Project

Important Disclosures
Atlas Lithium Corp. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

streetwise book logoStreetwise - Atlas Lithium Corp. Ownership Overview*

Atlas Lithium Corp. (ATLX:NASDAQ)

*Share Structure as of 11/26/2024
Investing Highlights
 
Positioned to become a very low-cost producer - Open-pit mining, Brazil's low mining costs.
 
Expended Timeline to Production - Permits in place and modular processing plant in final fabrication and pre-shipment stage
 
Largest Hard-Rock Lithium Exporation Portfolio in Brazil - Premiue lithium jurisdiction with high qualiity spodumene and favorable infrastructure.
 
Strong Metallurgical Results - Demonstrable potential for high quality lithium concentrate.
 
Incentivized Management Team - Management owns 33% of the company; fully aligned for success.
 
Committed Offtake Pre-Payments - Tier 1 lithium supply chain buyers sourcing product
Atlas Lithium Corp. Content