Atlas Lithium Corporation (ATLX) has announced a significant milestone in its Neves Project as it progresses towards obtaining a key permit. The technical team of Minas Gerais Environmental Foundation has issued a 161-page report recommending approval of Atlas Lithium’s permit application. This recommendation is crucial for the company to assemble and operate its lithium processing facility in Brazil.
Atlas Lithium filed the operational permit application on September 1, 2023. Since then, the Neves Project underwent inspection by the agency’s technical team, which is essential in the permitting process. Over the past year, the company has promptly addressed several technical inquiries from the agency, culminating in their favorable report.
Atlas Lithium Prepares for Processing Plant Shipment
Preparations for the shipment of Atlas Lithium’s innovative processing plant continue as planned. Components manufactured in South Africa will be shipped and assembled in Brazil. The plant will process ore from the Neves Project to produce lithium concentrate, a critical product for the global EV battery market.
According to James Schloffer, a lithium processing expert, the plant’s design is compact and modular, streamlining transportation and installation. Additionally, its environmentally sustainable approach minimizes water usage by maximizing recycling and employs dry stacking of tailings without dams.
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