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With its license approved in Minas Gerais, the company is ready to start operations in the Jequitinhonha Valley, generating jobs and promoting sustainability
Atlas Lithium now has an operational license for the Neves Project, moving forward to consolidate its presence in the lithium mining sector. This authorization, issued by the government of Minas Gerais, allows a company set up and operate its processing plant. Therefore, the Atlas can start mining operations in the open sky in the Jequitinhonha Valley. This crucial step prepares the company to stand out among the main lithium producers in Brazil, benefiting from the global increase in demand for batteries, especially for electric vehicles.
This progress reflects the result of a rigorous process. The approval, granted on October 25, 2024, took unanimous decision of a local council with members of government and civil society. The license, officially published on October 26, completes a series of technical reviews carried out by the Minas Gerais Environmental Foundation. Thus, Atlas Lithium Now you can move forward safely, respecting environmental standards, according to the Brasil Mineral website.
Neves Project: A milestone for the Jequitinhonha Valley
The Neves Project is part of Atlas Lithium's strategy to transform the Jequitinhonha Valley in a global lithium hub. With this license, the company can build your processing plant to treat and transform lithium ore concentrate, an essential input for the technology industry. The plant was designed with technologies that minimize environmental impact, meeting the most rigorous standards.
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This development highlights the Jequitinhonha Valley, which has always been known for mining precious stones and other minerals. Now, this area attracts specific investors in lithium mining, sector of great relevance in the international market. Atlas Lithium plans to generate hundreds of direct and indirect investments, encouraging local economic and social development.
Commitment to sustainability and full licensing
Atlas Lithium License includes the pre-licensing steps in Minas Gerais, installation and operation (LI/LP/LO). This structure allows a company streamline your processes and start operations quickly. Since the request made in September 2023, Atlas complied with all safety, sustainability and environmental responsibility requirements, provisions by regulatory authorities.
Atlas Lithium CEO Marc Fogassa emphasized the impact of this approval. “The operational license is a decisive milestone for the project, overcoming one of the biggest challenges in mining. This result reflects fourteen months of meticulous work of our team during licensing, demonstrating our commitment to an environmentally responsible and sustainable operation in Brazil’s Lithium Valley,” said Fogassa.
Local benefits and expansion into the global lithium market
With the license in hand, Atlas Lithium is ready to begin construction and operation of the Neves Project. This new phase promises to bring economic benefits for the Jequitinhonha Valley, especially by creation of new jobs in the region of Minas Gerais. In addition, by adopting sustainable practices, the company stands out as an environmentally responsible lithium producer.
The global lithium market continues to grow due to demand for sustainable technologies and electric vehicles. Brazil's strategic position strengthens Atlas Lithium, especially with the push for environmentally friendly practices. The company also contributes to the global energy transition, solidifying Brazil as a key player in providing essential inputs for this transformation.
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