Atlas Lithium (ATLX) investor relations material

Corporate overview and market position

• Positioned as an emerging lithium producer in Brazil, with a $111M market cap and $3.68 share price.

• Holds the largest lithium exploration portfolio in Brazil’s Lithium Valley, totaling 557 km² of mineral rights.

• Management and insiders own approximately 23% of shares, aligning interests with shareholders.

• Strategic partnerships with Mitsui, Chengxin, and Yahua, including equity investments and multi-year offtake agreements.

• Exposure to critical minerals through a 20% stake in Atlas Critical Minerals (ATCX), covering rare earths, titanium, graphite, and uranium.

Neves Project highlights and financials

• Open-pit mining with high-grade, near-surface reserves of 7.3 Mt at 1.23% Li₂O, producing 951,000 tonnes of spodumene concentrate over 6.5 years.

• Projected OpEx of $489/ton and CapEx of $57.6M, with an after-tax NPV of $539M and IRR of 145%.

• Fully permitted, with a DMS processing plant delivered and ready for assembly.

• Expedited timeline to production, with commercial output targeted within 11 months of commissioning.

• Modular plant design and dry-stacking processing eliminate the need for a tailings dam.

Operational and technical strengths

• Advanced geological modeling and pit design optimize efficiency across three closely located pits.

• Extensive metallurgical testwork at SGS and PESCO confirms high recovery and product quality.

• Systematic exploration and geophysical surveys reveal significant expansion potential beyond current reserves.

• Efficient mining operations with low strip ratio and minimized haulage costs.

• DMS flowsheet produces high-quality 5.5% Li₂O concentrate with minimal environmental impact.