Atlas Lithium Corporation (NASDAQ: ATLX) is a U.S. lithium development company advancing its 100%-owned Neves Project toward production in Brazil's Lithium Valley, located in the state of Minas Gerais. 

The Neves Project is fully permitted through commercial production and is designed as an open-pit operation producing approximately 150,000 tonnes per year of high-quality lithium concentrate, a key input for electric vehicle and energy storage batteries. Its Definitive Feasibility Study, completed by SGS Canada, demonstrates excellent economics with a 145% after-tax IRR and an eleven-month payback, positioning Neves among the most capital-efficient lithium developments worldwide. The Company's modular processing plant has been fully paid for and delivered to Brazil, and Atlas Lithium is on track for first commercial production in the fourth quarter of 2027.

Atlas Lithium's strategic position has been validated internationally through a US$30 million investment and offtake agreement with Mitsui & Co., Ltd. and the inclusion of the Neves Project in the Joint Fact Sheet for Japan–U.S. Critical Minerals Project Cooperation. The Company holds the largest lithium exploration footprint in Brazil among publicly listed companies — approximately 557 square kilometers of mineral rights — as well as an approximate 20% ownership stake in Atlas Critical Minerals Corporation (NASDAQ: ATCX).