Atlas Lithium Corporation is a mining-sector company operating in the lithium exploration and development subsector, dedicated to the identification, assessment, and advancement of mineral projects serving the global battery supply chain. Its origins are linked to private mineral prospecting initiatives structured to meet the growing international demand for critical inputs used in electric vehicles, energy storage, and high-performance industrial applications.
The technical portfolio encompasses exploration, drilling, geological evaluation, and development of hard-rock lithium projects, in addition to complementary initiatives related to associated industrial minerals. Services include geological studies, resource modeling, laboratory analyses, and development of operations aimed at subsequent mineral processing.
Operations are primarily concentrated in Brazil, with a focus on the state of Minas Gerais, a region recognized for its lithium-bearing pegmatite deposits. Commercial presence targets technology industries, battery manufacturers, and potential international offtakers, aligning with global demand for critical raw materials essential for the energy transition.
Relevant market factors include fluctuations in international lithium prices, availability of financing for mining projects, policies promoting electromobility, competition among global producers, and regulatory requirements in the mining sector. Changes in battery technology standards and environmental criteria also influence the pace of operational development.
Corporate scale is represented by a portfolio of mining projects at varying stages of maturity, specialized technical teams, and exploration units distributed across geologically prospective regions. The structure encompasses field operations, contracts with specialized laboratories, logistics partners, and technical support centers.
The operational structure adopts a model based on advanced geological exploration, integration with specialized consultancies, and progressive resource development. The corporate headquarters is located in the United States, with subsidiaries and special-purpose entities in Brazil dedicated to mining concessions and technical and regulatory support.
Logistics involve sample transportation, equipment mobilization, management of exploration areas, and coordination of multidisciplinary teams. Internal divisions include exploration, project development, engineering, regulatory compliance, and institutional relations.
The trading ticker registered on Nasdaq is ATLX.
History and Foundation
The company was founded in the United States in 2011, aiming to identify opportunities in the Brazilian mining sector, particularly in strategic metal deposits. Brazil was selected due to its geological availability and potential for developing new lithium districts.
Initial years were marked by the acquisition of mining rights, execution of preliminary mapping campaigns, and overcoming challenges related to advancing projects in regions with limited infrastructure. Key early achievements included consolidating priority areas and expanding geological teams in Brazil.
The expansion process involved intensifying drilling campaigns, updating geological models, diversifying into new exploration targets, and establishing relationships with potential international buyers. Entry into new segments of the critical minerals market strengthened the company’s strategic position.
Key historical milestones include the initial public offering (IPO) conducted in 2023 on Nasdaq, the growth of estimated resources in priority projects, increased investment in exploration technologies, and advancement of technical studies in accordance with international mineral reporting standards.
Between 2020 and 2024, the company reported drilling results, new concession acquisitions, collaborative development agreements, updates of mineral resources, and direct impacts from global lithium market volatility. Regulatory developments, environmental changes, and intensified demand for battery-grade lithium influenced portfolio reorganization and the operational pace during this period.
Additional Information
The Company Atlas Lithium Corporation Common Stock (United States), is listed on Nasdaq with a market value of $ 91.80 Millions, having an equity of $ 35.57 Millions.
The Company is listedthe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 170.00 Thousand, which generated a loss in the amount of $ -32.61 Millions.
As for its main indicators, the Company has a P/E ratio of -2.82, a P/BV ratio of 2.58 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker ATLX.