US-based lithium producer, Atlas Lithium, has significantly expanded its exploration area in Brazil as it approaches the commencement of production in the country.
Supported by Japan's Mitsui, the company announced that it has more than doubled its lithium exploration portfolio to approximately 539 km² (133,294 hectares) in the Doce River and Mucuri valleys, located in southeastern Minas Gerais state, following the acquisition of new mineral rights.
Atlas Lithium also plans to begin shipments from its dense media separation plant in the third quarter of this year and expects to initiate production at the Neves project in the fourth quarter.
According to the company's previous statements, when fully operational, the Neves project is projected to produce 300,000 metric tonnes per year of lithium spodumene concentrate.
We publish to analyze metals and the economy to ensure our progress and success in fierce competition.
No comments
Post a Comment