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Brazil Minerals Inc. (BMIX) rebranded to Atlas Lithium Corporation (ATLX) in October 2022, with the BMIX ticker ceasing to trade on December 6, 2022. This page may contain historical news about Brazil Minerals from before the rebrand. For current news about the company's lithium operations and developments, please visit the Atlas Lithium Corporation (ATLX) news page.
Brazil Minerals Inc. was a mining company that operated diamond and gold mining operations in the Jequitinhonha Valley region of Minas Gerais, Brazil. The company owned Latin America's largest alluvial diamond and gold processing plant through its subsidiary Mineração Duas Barras Ltda. (MDB), which was capable of processing upwards of 45 tons of gravel per hour. Brazil Minerals held mineral rights covering more than 27,000 acres in the historically rich diamond and gold producing region.
The company's strategic shift began as it accumulated mineral rights for battery metals including lithium, rare earths, titanium, graphite, nickel, and cobalt. This evolution reflected growing global demand for materials essential to electric vehicles and renewable energy storage. The October 2022 rebrand to Atlas Lithium Corporation formalized the company's dedicated focus on lithium exploration and development, marking a transformation from diversified precious metals mining to battery metals production.
Historical news articles on this page document Brazil Minerals' mining operations, diamond and gold production, mineral rights acquisitions, and the company's strategic evolution before the rebrand to Atlas Lithium. For developments after December 2022, including lithium exploration activities, project updates, and corporate announcements, please refer to Atlas Lithium Corporation (ATLX).
Brazil Minerals, Inc. (OTCQB: BMIX) announced its participation in the Emerging Growth Conference on July 21, 2021, at 11:30 a.m. ET. The event provides a platform for the company to present directly to investors and shareholders. Registration is required for attendance, and an archived webcast will be available for those unable to join live. Brazil Minerals focuses on strategic minerals relevant to the green energy revolution, including lithium, rare earths, titanium, nickel, and cobalt, and also holds stakes in Apollo Resources Corp. and Jupiter Gold Corporation.
Brazil Minerals, Inc. (OTCQB: BMIX) has announced plans for its first lithium drilling campaign in northern Minas Gerais, focusing on lithium-bearing minerals spodumene and lepidolite. The campaign will consist of at least six drill holes, expected to be completed by Q3 2021. Results from this drilling are anticipated to generate an initial technical report estimating lithium grade and mineralization volume, which could highlight the company's position in the growing green energy sector.
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