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Atlas Lithium CEO to Deliver Keynote Address at the 3rd Brazil Lithium & Critical Minerals Summit

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Atlas Lithium (NASDAQ: ATLX)/b) announced that Chairman and CEO Marc Fogassa will deliver the strategic keynote, “Lithium in Brazil: Building a Competitive Industry,” at the 3rd Brazil Lithium & Critical Minerals Summit 2026 in Belo Horizonte on June 17-18.According to Atlas Lithium, the Neves Lithium Project has a Definitive Feasibility Study indicating a 145% IRR and an 11-month payback, is advancing toward production, and benefits from a fully permitted modular processing plant and a $30 million investment from Mitsui & Co.

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News Market Reaction – ATLX

-0.52%
6 alerts
-0.52% Session close to close
$119.73M Market Cap
0.3x Rel. Volume

In the Jun 17 session, ATLX declined 0.52%, reflecting a mild negative market reaction. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Atlas Lithium’s visibility in Brazil’s critical minerals landscape, wit...
Analysis

This announcement highlights Atlas Lithium’s visibility in Brazil’s critical minerals landscape, with the CEO delivering a strategic keynote at a major summit. The company reiterated Neves Project economics, including a 145% IRR and 11-month payback, and validation from a $30 million Mitsui investment. Investors may track progress toward production, utilization of its Brazil-based modular plant, and the value of its approximately 20% stake in Atlas Critical Minerals over time.

Key Figures

Project IRR: 145% IRR Payback period: 11-month payback Mitsui investment: $30 million +3 more
6 metrics
Project IRR 145% IRR Neves Project Definitive Feasibility Study
Payback period 11-month payback Neves Project Definitive Feasibility Study
Mitsui investment $30 million Strategic investment from Mitsui & Co.
Ownership in ATCX approximately 20% Stake in Atlas Critical Minerals Corp. (NASDAQ: ATCX)
Summit edition 3rd summit Brazil Lithium & Critical Minerals Summit 2026
Summit dates June 17–18, 2026 Brazil Lithium & Critical Minerals Summit in Belo Horizonte

Historical Context

5 past events · Latest: Jun 09 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 09 Conference appearance Positive +4.6% CEO highlighted Neves project economics and Mitsui investment at Benchmark Giga USA.
Jun 01 Annual meeting results Positive +4.3% Directors re-elected with 98.99–99.78% support and strong shareholder participation.
May 18 Project execution step Positive -1.4% Contracted Alfa Engenharia to assemble Neves lithium processing plant in Brazil.
Apr 27 Project partners Positive +7.7% Contracted key engineering and EPC partners to drive Neves Project toward production.
Apr 07 Board appointment Positive +4.6% Added Admiral Flávio Rocha, bringing government and strategy experience to the board.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news has usually seen positive price alignment, with one project-execution update drawing a modest negative reaction despite constructive content.

Recent Company History

Over the past few months, Atlas Lithium has reported steady progress on its Neves Project and corporate profile. Board strengthening on Apr 7, key project execution contracts on Apr 27, and a plant assembly contract on May 18 all advanced the development narrative. Strong shareholder support at the May 28 annual meeting and CEO conference appearances, including Benchmark Giga USA on Jun 9–10, underscore active engagement. Today’s summit keynote continues this visibility and Brazil-focused critical minerals positioning.

Key Terms

internal rate of return, definitive feasibility study, rare earth elements, lithium concentrate
4 terms
internal rate of return financial
"Definitive Feasibility Study indicating a 145% internal rate of return (IRR)"
A percentage that represents the annualized yield an investment would earn, taking into account the timing and amount of all cash inflows and outflows; mathematically it is the rate that makes the discounted sum of future cash flows equal the initial cost. Investors use it to compare different projects or deals the way they compare interest rates — a higher internal rate of return suggests a stronger potential payoff, but it does not by itself show risk, scale, or timing nuances.
definitive feasibility study technical
"with a Definitive Feasibility Study indicating a 145% internal rate of return"
A definitive feasibility study is a detailed, near-final assessment that shows whether a proposed project—often a mine, infrastructure or major industrial venture—can be built and operated profitably. It combines precise engineering plans, realistic cost estimates, production schedules and risk analysis to give lenders and investors a clear picture of expected returns and potential pitfalls, like a full blueprint and budget that helps decide whether to greenlight financing and construction.
rare earth elements medical
"exposure to a portfolio of rare earth elements, graphite, and titanium"
Rare earth elements are a set of 17 chemical metals used to make powerful magnets, batteries, catalysts and many tiny components inside electronics, renewable energy equipment and defense systems. They matter to investors because they are essential inputs for fast‑growing industries, and limited or concentrated supply can drive prices, create production bottlenecks or shift competitive advantage — like a factory running short of a specialized ingredient that halts output and affects profits.
lithium concentrate technical
"upon commencement of lithium concentrate production. Following this, the company’s"
Lithium concentrate is a processed mineral product where raw ore has been crushed and refined to raise its lithium content, like turning sugarcane into a concentrated sugar product ready for further refining. Investors care because it is the main feedstock for making battery-grade lithium used in electric vehicles and energy storage; its availability, quality and price directly affect battery supply chains and the profitability of miners and battery manufacturers.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Boca Raton, Florida--(Newsfile Corp. - June 17, 2026) - Atlas Lithium Corp. (NASDAQ: ATLX) ("Atlas Lithium" or the "Company") today announced that Chairman and CEO Marc Fogassa will deliver the Strategic Keynote Presentation opening the first session, "Lithium in Brazil: Building a Competitive Industry," at the 3rd Brazil Lithium & Critical Minerals Summit 2026, to be held June 17-18 in Belo Horizonte, Minas Gerais, Brazil. The summit is recognized as the premier business and investment platform for Brazil's growing critical minerals sector.

Fogassa's keynote will highlight how Brazil is building a globally competitive critical minerals supply chain, supported by a stable jurisdiction, established mining infrastructure, and increasing strategic relevance in global markets. "Brazil is emerging as a reliable supplier of the critical minerals that the world needs," Fogassa said. "As Atlas advances its Neves Lithium Project toward production, we are proud to become an integral part of this supply chain."

Atlas Lithium is rapidly emerging as one of the world's most strategically positioned lithium developers. The Company controls the largest lithium exploration portfolio in Brazil's Lithium Valley among publicly listed companies, with its flagship Neves Project advancing toward production.

The Neves Project already holds key permits and demonstrates robust economics, with a Definitive Feasibility Study indicating a 145% internal rate of return (IRR) and an 11-month payback period. Atlas Lithium's strong positioning has been further validated by a $30 million investment from Mitsui & Co., one of Japan's leading conglomerates. The Company's modular lithium processing plant, located in Brazil, is fully permitted and ready for assembly.

Atlas Lithium's strategic reach extends beyond lithium. Through its approximately 20% ownership in Atlas Critical Minerals Corp. (NASDAQ: ATCX), the Company also maintains exposure to a portfolio of rare earth elements, graphite, and titanium — minerals crucial to the artificial intelligence revolution, the global energy transition, and defense applications. These topics are central to discussions at the 2026 Summit.

About Atlas Lithium Corporation
Atlas Lithium Corporation (NASDAQ: ATLX) is a lithium exploration and development company focused on advancing its Neves Project to production. The Neves Project's Definitive Feasibility Study demonstrates excellent economics with a 145% IRR and an 11-month payback. The Neves Project has received operational permitting, and its dense media separation plant has been acquired and transported to Brazil. With approximately 557 square kilometers of lithium mineral rights, Atlas Lithium owns the largest lithium exploration footprint in Brazil among publicly listed companies. Additionally, Atlas Lithium currently holds an approximate 20% ownership stake in Atlas Critical Minerals Corporation (NASDAQ: ATCX).

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based upon the current plans, estimates and projections of Atlas Lithium and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward-looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: Atlas Lithium's ability to successfully assemble and begin operations of its modular plant; reaching estimated production, development plans and cost estimates for the Neves Lithium Project as reported in the Definitive Feasibility Study (the "DFS"), included as Exhibit 96.1 to the Company's Current Report on Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 4, 2025; discrepancies between actual and estimated mineral reserves and mineral resources, between actual and estimated development and operating costs, and between estimated and actual production; results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events, and regulatory changes; availability of capital; Atlas Lithium's ability to maintain its competitive position; manipulative attempts by short sellers to drive down our stock price; and dependence on key management.

Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled "Risk Factors" in the Company's Form 10-K filed with the SEC on March 4, 2026. Please also refer to the Company's other filings with the SEC, all of which are available at www.sec.gov. In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements unless as otherwise required by applicable law.

Investor Relations
Gary Guyton
Vice President, Investor Relations
+1 (833) 661-7900
gary.guyton@atlas-lithium.com
https://www.atlas-lithium.com/
@Atlas_Lithium

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301828

FAQ

What is Atlas Lithium (NASDAQ: ATLX) announcing about the 3rd Brazil Lithium & Critical Minerals Summit 2026?

Atlas Lithium announced that CEO Marc Fogassa will deliver the strategic keynote opening session at the 3rd Brazil Lithium & Critical Minerals Summit 2026. According to Atlas Lithium, his presentation will focus on Brazil’s role in building a competitive, globally relevant critical minerals supply chain.

When and where will Atlas Lithium CEO Marc Fogassa speak at the 2026 Brazil Lithium Summit?

Marc Fogassa will speak at the summit in Belo Horizonte, Minas Gerais, Brazil, held June 17-18, 2026. According to Atlas Lithium, he will open the first session titled “Lithium in Brazil: Building a Competitive Industry.”

What is the Neves Lithium Project mentioned by Atlas Lithium (ATLX) in June 2026?

The Neves Lithium Project is Atlas Lithium’s flagship asset in Brazil’s Lithium Valley, advancing toward production. According to Atlas Lithium, a Definitive Feasibility Study shows a 145% IRR and an 11-month payback period, supported by key permits already in place.

How significant is the Mitsui $30 million investment in Atlas Lithium (NASDAQ: ATLX)?

According to Atlas Lithium, Mitsui & Co. has invested $30 million, validating the company’s positioning in the lithium sector. The funding supports the Neves Project and a fully permitted modular lithium processing plant ready for assembly in Brazil.

What exposure does Atlas Lithium (ATLX) have to other critical minerals through Atlas Critical Minerals (NASDAQ: ATCX)?

Atlas Lithium holds approximately 20% of Atlas Critical Minerals, providing exposure to rare earth elements, graphite, and titanium. According to Atlas Lithium, these minerals are important for artificial intelligence, energy transition technologies, and defense, aligning with themes of the 2026 summit.