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Atlas Lithium Contracts Key Project Execution Partners to Drive Its Neves Project Toward Production
Boca Raton, Florida--(Newsfile Corp. - April 27, 2026) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company"), a leading developer of
About this update from Atlas Lithium Corporation
[{"type":"text","content":" Boca Raton, Florida--(Newsfile Corp. - April 27, 2026) - Atlas Lithium Corporation (NASDAQ: ATLX) (\"Atlas Lithium\" or the \"Company\"), a leading developer of lithium resources, is pleased to announce the engagement of key operational partners for the implementation of its 100%-owned Neves Project. Several qualified firms participated in a competitive selection process led by Atlas Lithium's technical team. Contracts were awarded based on a comprehensive evaluation of relevant criteria, including technical experience, proven performance, quality, and cost efficiency. Each awarded contract was finalized at or below the budget projections outlined in the Company's Definitive Feasibility Study (the \"DFS\"). As detailed in the DFS, the Neves Project is expected to produce approximately 146,000 tonnes of lithium concentrate per year at an estimated operating cost of $489 per tonne at the mine gate. For reference, lithium concentrate has recently traded at approximately $2,000 per tonne. The selected companies were chosen through a rigorous vetting process that emphasized technical alignment, execution capability, and adherence to Atlas Lithium's stringent quality and schedule standards. Each of these partners brings a strong track record of performance and deep experience in Brazil's mining sector. Key Operational Partners Promon Engenharia - Responsible for completing multiple detailed engineering components for the Neves Project. Founded in 1960, Promon has delivered more than 2,700 projects and has notable experience in lithium project development in Brazil. TSX Engineering - Appointed to oversee and manage project implementation for the Neves Project. Founded in 2019, TSX Engineering brings extensive expertise in the mining sector, including capital expenditure and cost management, project planning & controls, and risk management. Cerne Construções - Engaged under an Engineering, Procurement, and Construction (EPC) contract for the design and construction of the Neves Project's administrative and operational facilities. Founded in 1989, Cerne offers modular construction solutions and broad experience in mining infrastructure. RETC Infraestrutura - Responsible for earthworks and civil construction activities for the Neves Project. The RETC team brings over 40 years of combined experience delivering complex industrial proje...