Business

Atlas Lithium Recognized for Its Plant Design

Boca Raton, Florida--(Newsfile Corp. - August 27, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration

articleAtlas Lithium CorporationAugust 27, 20245/company/atlas-lithium-corporation-common-stock/news/atlas-lithium-recognized-for-its-plant-design
Atlas Lithium Recognized for Its Plant Design

About this update from Atlas Lithium Corporation

[{"type":"text","content":" Boca Raton, Florida--(Newsfile Corp. - August 27, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) (\"Atlas Lithium\" or \"Company\"), a leading lithium exploration and development company, is pleased to announce that its spodumene concentrate plant design has been selected as a finalist for a November 14, 2024 contest, organized by a non-profit civil society organization in the state of Minas Gerais, to recognize environmentally-sustainable approaches in the industry. The Company's plant design is both compact and modular, with its weight, physical footprint, and water usage expected to be significantly lower than those of traditional plants. \"Atlas Lithium's modular plant represents an exciting refinement and optimization of dense media separation (DMS) technology as applied to lithium processing,\" said Raimundo Almeida Jr., Atlas Lithium's Vice President of Lithium Processing. \"Its reduced height, weight, and overall physical footprint will make it an environmentally friendly design that maximizes water recycling. We believe that it will use the lowest amount of water of any other lithium plant currently operational. Its modular design also significantly reduces its physical footprint compared to traditional designs.\" Atlas Lithium's modular DMS lithium processing plant is entering the final phase of fabrication for its remaining components. Currently, 48 out of over 100 expected containers are ready and awaiting shipment from South Africa, where manufacturing took place, to the Company's Neves Project site in Brazil. In other news, the Company is progressing in discussions with U.S. government officials focused on critical minerals. On July 18, 2024, Atlas Lithium hosted a high-ranking delegation of U.S. diplomats at its office in Belo Horizonte, Brazil. Such delegation was headed by U.S. Assistant Secretary of State Geoffrey Pyatt, the lead U.S. envoy on critical minerals. More recently, on August 23, 2024, U.S. Ambassador Elizabeth Frawley Bagley hosted Marc Fogassa, the Company's CEO and Chairman, for a meeting at the U.S. Embassy in Brasilia, the capital of Brazil. As a demonstration of Atlas Lithium's contributions to the community, on August 22, 2024, Mr. Fogassa received the title of Honorary Citizen of Belo Horizonte, the capital of the state of Minas Gerais. Such honor was bestowed on him by a vote of the City ...

More updates from Atlas Lithium Corporation