Atlas Lithium CEO to Highlight Neves Project’s 145% IRR and $30M Mitsui Investment at Giga USA
ATLX•Atlas Lithium CEO Marc Fogassa will keynote at Benchmark Giga USA 2026 on how its Neves Project’s high-grade, near-surface lithium can fortify global supply chains. The Neves Project has key permits, a 145% IRR with an 11-month payback, and received $30 million from Mitsui plus a modular plant in Brazil.
1. CEO Speaking Engagement
Marc Fogassa, CEO and Chairman of Atlas Lithium, will deliver a conference-wide address titled "The Growing Role of Brazilian Critical Minerals in Securing Global Supply" at Benchmark Giga USA 2026 on June 9-10 in Washington, D.C.
2. Neves Project Highlights
Atlas Lithium controls approximately 557 square kilometers of lithium rights in Brazil’s Lithium Valley, with its flagship Neves Project advancing toward production. The project’s Definitive Feasibility Study indicates a 145% internal rate of return and an 11-month payback, supported by near-surface hard-rock deposits ideal for open-pit mining and strong local community backing.
3. Investment and Plant Status
A $30 million investment from Mitsui & Co. underscores the project’s attractiveness, while the Company’s modular lithium processing plant has arrived in Brazil and awaits assembly. Key operational permits are in place, marking one of the final logistical milestones before implementation at the Neves site.
4. Strategic Minerals Portfolio
Beyond lithium, Atlas Lithium holds roughly a 20% stake in Atlas Critical Minerals Corporation, granting exposure to rare earths, graphite and titanium—minerals critical to the energy transition, artificial intelligence applications and national defense.
