Atlas Lithium Provides Exploration Update, Says Doubled The Size Of Its Lithium Exploration Footprint In Brazil
Portfolio Pulse from Benzinga Newsdesk
Atlas Lithium has doubled its lithium exploration footprint in Brazil to approximately 539 km², focusing on the Doce River and Mucuri Valleys. The company is preparing its dense media separation plant for shipment and aims to start production at the Neves Project in Q4 2024. A Definitive Feasibility Study (DFS) is in progress and will be released before production begins.
June 17, 2024 | 12:14 pm
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Atlas Lithium has significantly expanded its exploration footprint in Brazil and is on track to start production at the Neves Project in Q4 2024. The company is also progressing on a Definitive Feasibility Study (DFS) to be released before production begins.
The doubling of the exploration footprint and the preparation for production at the Neves Project are positive developments for Atlas Lithium. The upcoming DFS will provide further clarity and could act as a catalyst for the stock.
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