Expansion permit lets Atlas Lithium (NASDAQ: ATLX) build and run lithium plant

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Atlas Lithium Corporation reports that the permitting commission of the state of Minas Gerais has granted its expansion permit for the Neves Project. The company applied for this permit on November 25, 2024, and the approval decision was published in the official state gazette on June 27, 2026.

The expansion permit covers additional mining areas beyond those authorized by the operational permit received on October 25, 2024, and published on October 26, 2024. This licensing authorizes Atlas to assemble and operate its lithium processing plant, process mined ore at the plant, and sell the lithium concentrate it produces, allowing the company to advance implementation of its Neves Project in line with its Definitive Feasibility Study.

Positive

Expansion permit granted for Neves Project: The Minas Gerais permitting commission approved an expansion permit covering additional mining areas and authorizing plant assembly, operation, ore processing, and sale of lithium concentrate, materially advancing Atlas Lithium’s ability to commercialize the project.
Alignment with Definitive Feasibility Study: The new permit positions the company to implement its Neves Project as reflected in its Definitive Feasibility Study, reducing regulatory uncertainty around executing the planned development path.

Negative

None.

Insights

Key state-level permit unlocks plant construction and sales for Atlas Lithium.

The approval of the Minas Gerais expansion permit allows Atlas Lithium to move from permitted mining into integrated processing and sales. The license covers additional mining areas and explicitly authorizes assembly and operation of a lithium processing plant and sale of lithium concentrate.

This step aligns the Neves Project with its Definitive Feasibility Study, reducing regulatory risk around project execution. While financial metrics are not disclosed here, the permit is a prerequisite for generating revenue from processed ore. Subsequent company disclosures may detail construction progress, production timelines, and sales agreements as the project advances.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Expansion permit approval date: June 26, 2026 Expansion permit publication date: June 27, 2026 Operational permit receipt date: October 25, 2024 +2 more

5 metrics

Expansion permit approval date June 26, 2026 Date Minas Gerais permitting commission voted to grant expansion permit

Expansion permit publication date June 27, 2026 Date decision published in official government gazette of Minas Gerais

Operational permit receipt date October 25, 2024 Date prior operational permit was received

Operational permit publication date October 26, 2024 Date prior operational permit published in official gazette

Expansion permit application date November 25, 2024 Date Atlas Lithium applied for the expansion permit

Key Terms

expansion permit, operational permit, Definitive Feasibility Study, lithium processing plant, +1 more

5 terms

expansion permit regulatory

"the permitting commission of the state of Minas Gerais voted to grant Atlas Lithium Corporation its expansion permit"

operational permit regulatory

"beyond those authorized by the operational permit the Company received on October 25, 2024"

Definitive Feasibility Study financial

"advance the implementation of its Neves Project as reflected in the Company’s Definitive Feasibility Study"

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.

lithium processing plant technical

"authorizes the Company to assemble and operate its lithium processing plant, to process its mined ore"

official government gazette regulatory

"this decision was published in the official government gazette of the state of Minas Gerais"

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Understanding 8-K Material Events →

Available on EDGAR 06/29/2026 - 06:30 AM Accepted by SEC EDGAR 06/29/2026 - 06:30 AM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 26, 2026

ATLAS LITHIUM CORPORATION

(Exact name of registrant as specified in its charter)

Nevada

001-41552

39-2078861

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification Number)

1200 N. Federal Hwy, Suite 200

Boca Raton, Florida 33432

(Address of principal executive offices, including zip code)

(833) 661-7900

(Registrant’s telephone number, including area code)

Not applicable

(Former address if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class		Trading Symbol(s)		Name of Each Exchange on Which Registered
Common Stock, $0.001 par value		ATLX		The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On June 26, 2026, the permitting commission of the state of Minas Gerais voted to grant Atlas Lithium Corporation (the “Company”) its expansion permit, which the Company had applied for on November 25, 2024. On June 27, 2026, this decision was published in the official government gazette of the state of Minas Gerais in Brazil. The expansion permit covers certain additional mining areas beyond those authorized by the operational permit the Company received on October 25, 2024, and formally published in the official gazette of Minas Gerais on October 26, 2024. This licensing authorizes the Company to assemble and operate its lithium processing plant, to process its mined ore at the plant, and to sell the lithium concentrate that it produces. With this expansion permit, the Company is positioned to advance the implementation of its Neves Project as reflected in the Company’s Definitive Feasibility Study.

Item 9.01. Financial Statements and Exhibits.

Exhibit No.		Description
104		Cover Page Interactive Data File (embedded with the Inline XRBL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	ATLAS LITHIUM CORPORATION

Dated: June 29, 2026	By:	/s/ Marc Fogassa
	Name:	Marc Fogassa
	Title:	Chief Executive Officer

Source: View Original Filing on SEC EDGAR

FAQ

What did Atlas Lithium (ATLX) announce regarding its Minas Gerais permits?

Atlas Lithium announced that the Minas Gerais permitting commission granted its expansion permit. This approval covers additional mining areas and allows the company to assemble and operate its lithium processing plant, process mined ore, and sell the resulting lithium concentrate from the Neves Project.

When was Atlas Lithium’s expansion permit for the Neves Project approved and published?

The permitting commission voted to grant Atlas Lithium’s expansion permit on June 26, 2026. The decision was formally published in the official government gazette of Minas Gerais on June 27, 2026, confirming the regulatory authorization for project expansion and plant operations.

How does the new expansion permit differ from Atlas Lithium’s prior operational permit?

The expansion permit covers additional mining areas beyond those in the prior operational permit. The operational permit was received on October 25, 2024, and published October 26, 2024, while the new authorization extends the licensed footprint and adds explicit approval for plant assembly and processing activities.

What activities does the Minas Gerais expansion permit authorize for Atlas Lithium?

The expansion permit authorizes Atlas Lithium to assemble and operate its lithium processing plant, process its mined ore at that plant, and sell the lithium concentrate produced. These permissions allow the company to move from mining-only operations toward integrated processing and product sales.

How does the permit affect Atlas Lithium’s Neves Project and Definitive Feasibility Study?

The expansion permit positions Atlas Lithium to advance implementation of its Neves Project as described in its Definitive Feasibility Study. With authorization to build and run a processing plant and sell concentrate, the project can progress along the development plan outlined in that study.

Which government body granted Atlas Lithium’s expansion permit in Brazil?

The expansion permit was granted by the permitting commission of the state of Minas Gerais in Brazil. Its decision on June 26, 2026, later published in the official state gazette, provides state-level authorization for expanded mining areas and lithium plant operations for Atlas Lithium.

Filing Exhibits & Attachments

3 documents