Atlas Lithium publishes corporate presentation on Neves lithium project in Brazil’s Minas Gerais
Reuters2026/07/25 20:40By:Reuters
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- Atlas Lithium outlined plans to advance its 100%-owned Neves lithium project in Minas Gerais, targeting open-pit production of 5.5% Li₂O spodumene concentrate.
- Definitive feasibility study highlights: after-tax NPV of USD 539 million, after-tax IRR of 145%, 11-month payback period.
- Projected operating cost of USD 489 per ton of lithium concentrate, supported by near-surface mineralization and a 6.5-year initial mine life.
- Average annual output forecast at 146,000 tons of concentrate; direct capex estimated at USD 57.6 million.
- Strategic partners cited include Mitsui, Chengxin, Yahua; presentation lists equity investments totaling USD 40 million with expected offtake prepayments of USD 40 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atlas Lithium Corporation published the original content used to generate this news brief on July 25, 2026, and is solely responsible for the information contained therein.
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