Atlas Lithium’s Neves Project Is Now Permitted

On October 28, 2024, Atlas Lithium Corporation announced that it has secured an operational permit for its Neves Project from the Minas Gerais state government in Brazil, marking a crucial step towards lithium production. The permit grants Atlas the authority to assemble and operate a processing facility that will handle mined ore from one of its lithium deposits. The entire licensing process had commenced with the initial application submitted in September 2023 and included a detailed technical review by regulatory agencies. The unanimous approval by a twelve-member local board reflects the strong community support for Atlas Lithium’s initiatives. The Environmental Foundation of Minas Gerais had also provided a technical recommendation for approval, demonstrating that the project meets crucial environmental standards. This brings Atlas Lithium a step closer to establishing itself as a vital player in the rapidly evolving lithium market. With the issuance of this triphasic permit, which incorporates initial, installation, and operational licenses, the company is positioned to launch open-pit mining operations effectively. As Brazil's Lithium Valley continues to grow, Atlas Lithium’s commitment to environmental responsibility and sustainable practices highlights its vision for the future. This operational permit is a testament to the dedication and efforts of Atlas Lithium’s team over the past fourteen months. Achieving this milestone opens the door for the company to enter the global lithium supply chain, benefiting both the organization and its stakeholders.