Atlas Doubles Graphite Project to 2,822ha, Hits Record 19.4% Carbon
Atlas Critical Minerals linked its two graphite tenements in Minas Gerais, Brazil, boosting project area by 124% to 2,822 hectares and forming an 11-kilometer mineralized corridor. Chip sampling hit a record 19.4% graphitic carbon with grades above 10.5% and resistivity anomalies extending to 215 meters depth.
1. Project Consolidation and Expansion
Atlas Critical Minerals acquired an additional mineral right in northeastern Minas Gerais, connecting its two existing graphite tenements and increasing the Graphite Project area by 124% to 2,822 hectares. This consolidation creates a continuous mineralized corridor exceeding 11 kilometers, enhancing the project’s exploration footprint.
2. High-Grade Sampling and Geophysical Insights
Systematic chip sampling returned a peak result of 19.4% graphitic carbon, surpassing previous bests, with additional grades ranging from 10.51% to 15.49% across all three tenements. Preliminary resistivity surveys at Area 1 show low-resistivity anomalies with lateral continuity of approximately 230 meters and depths reaching 215 meters.
3. Premium Concentrate and Market Opportunity
Graphite concentrate from the project has been purified to 99.9995% carbon purity, meeting nuclear-reactor specifications and exceeding battery-grade requirements. With the global graphite market projected to reach USD 36.4 billion by 2030 at a 15.1% CAGR, the project is positioned to supply critical minerals for EV batteries and defense applications.
4. Planned Exploration and Resource Definition
To advance toward an initial resource estimate, Atlas Critical Minerals plans ground magnetometry, high-resolution LiDAR topographic surveying, detailed geological mapping with additional sampling, and follow-up diamond core drilling across the expanded project area.