Welcome to our dedicated news page for Atlas Lithium Corporation (Ticker: ATLX), a resource for investors and traders seeking the latest updates and insights on Atlas Lithium Corporation .
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Atlas Lithium Corporation 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Atlas Lithium Corporation 's position in the market.
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Atlas Lithium (NASDAQ: ATLX) secures a $30 million investment from Mitsui & Co., , at a 10% premium to the 5-day VWAP, along with a significant offtake agreement for lithium concentrate. The investment provides immediate funds for development towards revenue generation and operation of a lithium mine in Brazil's Lithium Valley. The partnership with Mitsui strengthens Atlas Lithium's position as a key lithium supplier to the global EV battery materials supply chain.
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14.08%
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Renowned lithium expert Brian Talbot joins Atlas Lithium as COO and Board Member, enhancing early revenue strategy targeting first lithium concentrate production in Q4 2024.
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Atlas Lithium Corporation (NASDAQ: ATLX) is progressing well with the construction of its modular DMS lithium processing plant in Brazil, aiming for first production in Q4 2024. The plant's compact, modular design and expert team are key factors in the accelerated timeline. The Company has secured binding offtake agreements with Chengxin and Yahua, ensuring a visible revenue stream.
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-5.39%
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Atlas Lithium Corporation (NASDAQ: ATLX) announces the expansion of its Anitta 3 pegmatite at the Neves Project in Brazil's Lithium Valley. Recent drill holes have intersected high-grade lithium mineralization, with select results showing up to 1.61% Li2O over 7.0 meters. The shallow, near-surface mineralization allows for open-pit mining operations, reducing costs and benefiting overall economics. CEO Marc Fogassa highlights the potential for Anitta 3 to become a producer of high-quality, low-cost lithium concentrate.
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-9.08%
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Atlas Lithium Corporation (NASDAQ: ATLX) announces its participation in two prominent mining events to showcase its progress towards sustainable lithium production. CEO Marc Fogassa will present at the BMO Global Metals & Mining Conference and the PDAC Convention to highlight the Company's growth story and flagship lithium project in Brazil's Lithium Valley.
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5.36%
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Atlas Lithium Corporation (NASDAQ: ATLX) has been invited to co-host the Brazil Lithium Summit 2024, endorsed by Invest Minas, to connect key Brazilian stakeholders with premier lithium companies operating in Brazil. The event aims to showcase Brazil's emerging leadership in environmentally sustainable lithium production and its potential as a major supplier for electric vehicle batteries and clean energy storage. The Summit, scheduled for June 12-13, 2024, in Belo Horizonte, Minas Gerais, will facilitate partnerships and conversations to realize the nation's enormous potential.
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5.86%
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Atlas Lithium Corporation (ATLX) reports additional high-grade lithium mineralization in Anitta 3 and Anitta 4 pegmatites at its Neves Project in Brazil's Lithium Valley. The latest drill holes intersected 1.44% Li2O over 47.00m, 1.32% Li2O over 42.88m, and 1.20% Li2O over 9.65m, among other promising results. The drone magnetics geophysics surveys have started, covering the entire Neves Project, with the potential for significant lithium mineralized zones close to the surface.
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Atlas Lithium Corporation (NASDAQ: ATLX) has secured a $50 million investment from Chengxin Lithium Group and Yahua Industrial Group, with $10 million as equity and $40 million as non-dilutive prepayment, fully funding its Phase 1 lithium concentrate production. The offtake agreements with the two companies will allow Atlas Lithium to produce up to 150,000 tonnes per annum of battery grade spodumene concentrate by Q4 2024. The company aims to become one of the highest-quality, lowest-cost lithium producers globally.
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Atlas Lithium Corporation (NASDAQ: ATLX) announces a US$ 20,000,000 strategic raise led by renowned mining professional Martin Rowley, with a 6.5% per annum convertible note at a 25% premium to the current stock price, aiming to advance the development of its Neves Project in Brazil's Lithium Valley.
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7.62%
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Atlas Lithium Corporation has been invited to present at the annual Goldman Sachs Global Metals and Mining Conference in New York on November 15-16, 2023. The company will participate in the flagship lithium panel and conduct meetings with institutional investors. Goldman Sachs has shown interest in Atlas Lithium's lithium project in Brazil.
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Atlas Lithium Corporation
Nasdaq:ATLX
ATLX Rankings
ATLX Stock Data
215.22M
5.79M
53.65%
11.7%
2.19%
Crushed and Broken Limestone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
United States of America
BOCA RATON
About ATLX
brazil minerals, inc. (otc: bmix) with its subsidiaries has two components to its business model: 1) growing a portfolio of mineral rights in a wide spectrum of strategic and sought-after minerals, from which equity holdings and/or royalty interests will develop; and 2) mining certain specific areas for gold, diamonds, and sand. our progress as an exploration project generator has been steady. in early 2013 we owned mineral rights for gold and diamonds. since then we have grown several-fold our bank of high quality mineral properties (the “bmix mineral bank”) to currently include mineral rights for: - gold - diamonds - cobalt - copper - lithium - manganese - nickel - precious gems (aquamarine, beryl, tourmaline) - sand our first equity holdings from our exploration project generation strategy is jupiter gold corporation corporation (“jupiter gold”). brazil minerals owns approximately 55.4% of jupiter gold’s equity. we have deep knowledge of brazil and a carefully selected