Atlas Lithium contracts 71% of Neves Project direct capex, costs run 16% below DFS estimate
ATLX•Scope includes core build elements
The scope covers core build elements, including civil works, DMS plant assembly, and electrical infrastructure.
Atlas Lithium said the processing plant is already in Brazil.
Neves Project contracts cover most direct capex
Atlas Lithium said it has contracted about 71% of the direct CAPEX for its 100%-owned Neves lithium project under executed contracts and firm agreements.
The company said the contracted costs run about 16% below the Definitive Feasibility Study estimate, reducing project cost risk ahead of construction.
