Atlas Lithium Corporation (Nasdaq: ATLX) is a U.S.-based mineral exploration company with the largest exploration projects for strategic minerals in Brazil.
NEWS: Atlas Lithium Secures US$ 30,000,000 Strategic Investment And Offtake Agreement From Mitsui
Mitsui is purchasing US$ 30,000,000 in common shares of Atlas Lithium at a 10% premium to the 5-day VWAP and at the same time entering into an Offtake Agreement for the future
$ATLX is the only publicly traded lithium company in Brazil to secure committed buyers waiting for its production – in December 2023, we announced offtake agreements with Yahua (the major supplier to Tesla) and with Chengxin (the major supplier to BYD). Our lithium concentrate
Atlas Lithium secures key strategic partnerships with two lithium industry powerhouses - Yahua Lithium, a supplier to Tesla, and Chengxin Lithium, a supplier to BYD. Together, they will invest US$10 million in common shares at a premium and prepay US$40 million for future
Atlas Lithium To Present At The Prestigious Goldman Sachs Global Metals And Mining Conference
Atlas Lithium Corporation (NASDAQ: ATLX) (“Atlas Lithium” or “Company”), a leading mineral exploration and development company, today announced that it has been invited to present at
$ATLXD Great start for the work week in Brazil as today we welcomed an expert geologist who joined us from our large lithium exploration neighbor. In addition, we have now pre-ordered 2 more drills to add to the 5 drills currently in use.
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After its NASDAQ up-listing, $ATLX announced a signed MoU between Mitsui ($47B mkt cap) and Atlas Lithium. The MoU envisions Mitsui investing $65M for the right to buy 100% of $ATLX future lithium concentrate production at market prices.
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'Tis the Season to be Jolly! 5th meeting with global powerhouse interested in our lithium successfully held yesterday; 2 calls, 2 fly-in visits to our CEO in the US, and now a meeting with our team in Brazil. $ATLX has largest hard-rock lithium footprint in the Americas.
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To augment our portfolio of EV battery metals, Brazil Minerals has now added a 4,562-acre nickel and cobalt project in northeastern Brazil. Nickel and cobalt are strategic minerals, and both are part of the EV Metal Index.
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Brazil Minerals (OTC: BMIX) acquired today an additional 2,221 acres of pegmatite-rich mineral rights adjacent to its Minas Gerais lithium project. Spodumene and lepidolite, lithium-bearing minerals, are found in such pegmatitic formations. $BMIX
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$ATLX announces the largest lithium royalty deal ever made in Brazil; raises $20,000,000 in non-dilutive funds to expedite the development of its 100%-owned hard-rock lithium project; 40,000-meter drilling campaign fully funded.
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$ATLX Drilling at our 100%-owned Minas Gerais Lithium Project produced yesterday the best linear result so far: a 29-meter intersect of lithium-bearing spodumene; see photos from yesterday's cores
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Brazil Minerals (OTCQB: BMIX) has been approached by a large multinational firm regarding our spodumene for their supply chain. This has triggered us to double the number of lithium teams on the ground and to purchase our own small drill for sampling. $BMIX
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Rewarding progress as the second drill at the Neves project area has intersected a new lithium-bearing spodumene body. Photos of each drill and the lithium-bearing ore intersected yesterday are attached. $BMIX
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Our lithium project has pegmatites which are the geological formations where spodumene, the major hard rock mineral containing lithium, is found. Our initial commercial focus is the production of spodumene concentrate to satisfy buyer demand.
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This week the Brazil Minerals (OTC: BMIX) Lithium Team discovered 3 new large pegmatites within our areas, approx 500m from a known litiniferous pegmatite. Pegmatite is the geological formation that hosts spodumene, the mineral containing lithium. $BMIX
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$ATLXD subsidiary Jupiter Gold Corp. has been permitted to launch its quartzite mining operation in Brazil. Jupiter's geology team believes that the project may contain up to 3.9M tons of quartzite mineralization. Currently, quartzite sells for up to $2K per cubic meter. $JUPGF
Photos of sections of pegmatite with spodumene (the lithium-containing mineral) intersected in yesterday's drilling, and of our growing deposit with all samples. $BMIX
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BMIX owns 60% of Apollo Resources Corp, focused on iron. Yesterday, Apollo Resources selected the drilling company for its initial mine development in the Iron Quadrangle region of Minas Gerais. Samples have yielded an attractive average of 65.4% iron.
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Brazil Minerals (OTC: BMIX) is well positioned to benefit from the Executive Order issued by Brazil’s President yesterday which enhances investments and significantly streamlines the development and licensing for projects in strategic minerals, our focus area. $BMIX
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Atlas Lithium (Nasdaq: ATLX) set a new record over the weekend by intersecting 63 meters (207 ft) of high-quality lithium-bearing spodumene at a current drill hole in the Anitta pegmatite in its Neves Lithium Project in Brazil. This intersect remains open for expansion.
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Brazil Minerals is currently interviewing top IR firms and plans to retain one soon. With consideration of recently received unsolicited interest from large parties regarding our lithium, this move seeks to advance our investor communications and enhance our public profile. $BMIX
Brazil Minerals has now received a near final draft of the SLR initial lithium report on our area being drilled. SLR is a premier independent firm that traditionally works with large mining companies. We plan on continuing to utilize SLR as we develop our project. $BMIX
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Two additional lithium exploration permits were granted to Brazil Minerals (OTC: BMIX) by the Mining Dept. For size comparison, our Minas Gerais hard-rock lithium project area is getting close to 4 times the size of Manhattan Island. $BMIX
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$ATLX management will ring the NASDAQ opening bell on February 24. Marc Fogassa, Chairman and CEO, will lead a live broadcast of the ceremony from the MarketSite Tower in New York, starting at 9:15 am ET.
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$ATLX drill hole 104 broke our record with 99.1 meters (325 feet) of lithium-bearing spodumene intersects; see attached images. Hole 104 is located within our Anitta lithium pegmatite, today at 1.1 kilometers (0.7 miles) in length but open to expansion.
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Brazil Minerals (OTC: BMIX) has reached a wide zone of spodumene, a mineral containing lithium, in one of our properties in our 57,800-acre hard-rock lithium project. Photos from today are attached. $BMIX
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Atlas Lithium (ATLX) has hired a Director of Lithium Processing to oversee the processing route for its lithium concentrate, including the preparation of commercial samples. This key hire brings years of experience with AMG and Sigma Lithium in Brazil. $ATLX
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Yesterday, despite the local holiday, one of our two field teams intersected another pegmatite with lithium mineralization. This is our third known pegmatite with development potential. $BMIX
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$ATLX High-quality, extensive lithium-bearing spodumene intersects in our 100%-owned Minas Gerais Lithium Project caused us to contract a 4th drill ahead of schedule. It is currently being transported to our project area, see photo.
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$ATLXD 5th drill is now operating at our 100%-owned Minas Gerais Lithium Project in Lithium Valley. Yesterday a drill hole already reached 46 continuous feet of linear lithium mineralization before stopping for the day, photos attached.
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Next week for Brazil Minerals (OTC: BMIX): while the iron property is drilled to determine parameters for an open pit mine, our Lithium Geology Team will detail specific targets in our hard-rock lithium project also in Minas Gerais but 450 miles away. $BMIX
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Last Friday $ATLX CEO Marc Fogassa, VP Lithium Processing Raimundo Almeida, and other $ATLX executives met the company’s geology team that now consists of 7 geologists plus technicians. They also visited the 5 drilling sites at the $ATLX 100%-owned Lithium Project.
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While lithium is the primary focus, Brazil Minerals is also in iron, through its Apollo subsidiary. Yesterday, progress was made on the iron processing route for production of high grade pellets which will sell at a multiple of raw iron ore. $BMIX
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$ATLX has intersected the highest lithium mineralization grade to date (4.40% Li2O) at its Minas Gerais project in Brazil’s Lithium Valley. A 10th drill will be added soon as ATLX continues the exploration drilling campaign at its hard-rock lithium deposits. See today's news
Atlas Lithium (Nasdaq: ATLX) is Ready to (Hard) Rock the Lithium Space; Jake Sekelsky with A.G.P. initiated $ATLX at BUY with $50.00 price target.
$ATLX
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Brazil Minerals (OTC: BMIX), through its iron subsidiary, successfully completed the 1st drill hole in its Iron Quadrangle project. The result, better than expected, showed an 80-ft iron ore layer, consistent with commercial potential. $BMIX
Brazil Minerals (OTCQB: BMIX) is pleased to report that our first mineral processing study at SGS-Geosol laboratory already showed the ability to concentrate our spodumene samples to 6.78% Li2O, commercial grade. $BMIX
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Brazil Minerals’ subsidiary Jupiter Gold is expecting the final permit for its quartzite mine shortly. Yesterday Joel Monteiro (VP) and Marc Fogassa (CEO) visited the planned operational area with its future mining manager and a local land owner. $BMIX $JUPGF
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We began to retrieve yesterday from a location in our hard-rock lithium project samples of spodumene that our geologists consider some of the very best to date. Two photos of such samples are attached. Spodumene is the mineral that contains lithium. $BMIX
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$ATLXD is in the initial stages of planning to develop a lithium concentration facility capable of producing 150,000 tons/yr. In Nov 2022, price of lithium concentrate quoted by S&P Global Markets Platts was as high as $7,700/ton. Visit us at
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Regarding the technical report of Brazil Minerals’ (OTCQB: BMIX) subsidiary Apollo Resources, preliminary indications point to 12 million tons of
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ore resources, and work is ongoing towards planning for an initial iron mine. $BMIX
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Drilling in the Neves area of our hard rock lithium project continues to progress very well; photos of spodumene cores from this week attached. Because of such progress, we decided to bring another drill to Neves to double the drilling capacity. $BMIX
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Brazil Minerals (OTC: BMIX) has two distinct hard rock lithium projects: one in Brazil’s Southeast region (the initial one) and another in Brazil’s Northeast; the distance between them is 900 miles. These two mineral districts are rich in spodumene, a lithium-bearing ore. $BMIX
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intercepted high-grade lithium mineralization at its flagship project in the Neves Area. See today's news for the highlights from the ongoing
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exploration campaign at our 100%-owned project.
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$ATLX today announced a 4th diamond core drilling rig is operational at its Minas Gerais Lithium Project in Brazil’s Lithium Valley and a fifth will soon be added to support the ongoing success of its 100%-owned lithium mineralization operation
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EV demand for lithium ion isn't slowing as automakers keep pace w/ enviro-conscious consumers-see why the battery industry is tracking to be a $160B market, and connect w/ us as our battery mineral projects in Brazil move from exploration to profitability
The Brazilian Mining Dept has formally granted us two additional exploration permits for titanium in a total of 5,889 acres in the NW part of Minas Gerais. This advances our plans on this essential mineral.
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$ATLXD recently intersected 137 ft linear layer of lithium mineralization - our strongest result to date! Our project is in the Lithium Valley, considered the premier hard-rock lithium area and well-known to supply buyers. To learn more visit:
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The price of Lithium ion has surged 123% ytd, driven by short supply trends that are likely to continue for years. Connect with us to learn how
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can boost shareholder value as our mineral projects in Brazil move from exploration to profitability.
Brazil Minerals’ drilling campaign at its Neves Area (part of its 100%-owned Minas Gerais Lithium Project) has not had any drill holes without lithium-bearing spodumene since February 25, 2022. Photo from yesterday's spodumene core sample from current hole DHAB19. $BMIX
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Brazil Minerals’ iron-focused subsidiary Apollo Resources has received the last municipal consent it needed for its Iron Quadrangle mine, an important step that could have taken longer. The operational permit will come from a state regulator, such process is still ongoing. $BMIX
$ATLX CEO Marc Fogassa during Brazilian Mining Day shared the company's recent developments and details about its expanding lithium exploration drilling program. Atlas Lithium is part of the official Brazilian delegation to
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Brazil Minerals (OTCQB: BMIX) received permitting today to begin the drilling campaign in a highly-promising 2nd mineral right in its Minas Gerais Lithium Project. It plans to continue to drill in the current area and add another drill for this 2nd area. $BMIX
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Atlas Lithium (Nasdaq: ATLX) drilled 8,284 meters in May 2023, a record for our current exploration campaign. Photo of a core sample from yesterday's drilling showing spodumene, the primary lithium-bearing mineral in our hard-rock lithium deposit. $ATLX
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Brazil Minerals, Inc. (OTCQB: BMIX) It is expected that the drilling campaign in Minas Gerais will allow for an initial technical report with estimation of
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grade and mineralization volume. Great news! $BMIX
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Brazil Minerals (OTC: BMIX), through its iron subsidiary, completed the 2nd drill hole in its Iron Quadrangle project. The result was highly positive with a 100-ft iron ore layer intercept. $BMIX
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Brazil Minerals’ iron sub welcomed a strong result in that a dry magnetic iron ore processing route devised at SGS-Geosol, a premier independent lab, was able to concentrate its ore to 64.4% grade. This is important since 64.4% iron is ��premium” product. $BMIX
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Our exploration team continues to successfully identify more spodumene deposits, as seen in the photo below from this week’s drilling activity in our Minas Gerais Lithium Project. $BMIX
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Brazil Minerals' subsidiary Jupiter Gold has now submitted final detailed studies for the one last permit it needs before operations can start at its planned quartzite quarry. This project has already obtained approval from the mining dept. $BMIX $JUPGF
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Brazil Minerals (OTC: BMIX) has now identified 5 pegmatites and 8 other high-potential targets within its hard-rock lithium project in Minas Gerais. This particularly prolific area encompasses 5,900 acres within the project's 57,800 acres. $BMIX
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$ATLX was invited and recently presented at the Beijing Lithium Supply Chain Conference. We were represented by our Singapore-based Advisor T. Liang, fluent in Mandarin. $ATLX has now developed direct contacts with some leading companies in China's lithium ecosystem.
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The second drill is scheduled to arrive this week at our Neves lithium project area. And we already contracted for a third drill. The SLR report validated this top-quality area and additional drilling will determine resource levels. $BMIX
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Brazil Minerals (OTCQB: BMIX), though its iron subsidiary, moved yesterday to phase II drilling campaign in its world-renowned Iron Quad project. In parallel, other studies are being done by expert firms towards the licensing of our first iron mine. $BMIX
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Brazil Minerals' (OTCQB: BMIX) iron focused subsidiary has filed the permitting petition to start the open pit mine in its Iron Quadrangle project. This is the culmination of several technical studies and planning, and it is an important milestone. $BMIX
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Brazil Minerals (OTCQB: BMIX), through its iron subsidiary, has now completed 7 drill holes in its Iron Quad project. The quality of the results enabled us to hire yesterday a leading technical company for our application for an iron mine operation license. $BMIX
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Following the recently announced acquisition which expanded the Neves area by almost 40 times, management visited sites in Neves with Andre Soares, one of our field geologists. Neves is part of our 100%-owned Minas Gerais Lithium Project. $BMIX
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This past weekend, $ATLX exploration drilling campaign intersected spodumene-containing pegmatite at a step-out drill hole located approximately 120 meters (393 ft) from the Anitta pegmatite. Photos of the retrieved spodumene cores are attached.
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Brazil Minerals’ local technical team logged over 20,500 miles of travel for exploratory work in the last 3 years to build 100% ownership of projects in the must-have strategic minerals for the Green Energy Revolution – lithium, titanium, and rare earths; today's meeting photo
Brazil Minerals (OTC: BMIX) has 2 rare earths projects in Brazil, each with distinct geology: one embedded in granite deposits, and another associated with phosphate deposits and embedded in carbonate rocks. $BMIX
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Brazil Minerals' iron subsidiary will begin drilling its premier Iron Quadrangle project next week. Preparations are underway as seen in today's photo below. High-grade iron at 68% has been sampled. $BMIX
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Apollo Resources (Brazil Minerals' iron subsidiary) received the technical approval from the mining dept on the plan for its initial iron mine in the Rio Piracicaba project in the Iron Quadrangle. This is a critical milestone in the permitting process. $BMIX
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SGS Canada’s metallurgical testing at $ATLX hard-rock project in Brazil show high grade (7.22% Li2O) lithium ore, highly effective separation, high recovery rates, and negligible impurities. See today’s announcement for more on this key milestone.
Brazil Minerals, Inc. (OTCQB: BMIX) owns 100% of some
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,
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, and cobalt mineral rights projects which are critical metals used to produce EV batteries. $BMIX
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Today Brazil Minerals, Inc. (OTC: BMIX) hired another geologist to be based in its lithium project. Yesterday the company added 7,052 acres in new lithium claims.
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Today the official gazette of the Brazilian government formally published and titled 4 exploration permits for lithium owned by Brazil Minerals, encompassing 2,916 acres. This is important for the continued development of our lithium project.
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$ATLXD subsidiary Apollo Resources has received a mining permit to operate its 100%-owned Rio Piracicaba project in Brazil’s Minas Gerais. A project report indicated 7.85M tons of iron ore. $ATLXD owns a 44% stake in Apollo
Brazil Minerals is pleased to announce that it received geochemical results from core samples obtained from a third pegmatitic ore body within its Minas Gerais Lithium Project. All results from this batch were positive for
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and included one reading of 2.86% Li2O.
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Brazil Minerals (BMIX) reported 3 new high-potential lithium target areas in the S-1 amendment filed yesterday: Tesouras, Santa Clara, and Salinas, all in addition to the current Neves project area which is being drilled. $BMIX
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Brazil Minerals' iron-focused subsidiary Apollo Resources received yesterday the municipality permit for its first mine in the Iron Quadrangle region. One critical step accomplished. Photo of our VP, Joel Monteiro, Esq., receiving the permit from the mayor. $BMIX
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The Mitsui team at a working visit to Atlas Lithium’s 100%-owned lithium project accompanied by $ATLX CEO Marc Fogassa. Mitsui and $ATLX recently signed a $65M Memorandum of Understanding; details here: .
@mitsuiandco
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Today we intersected more spodumene with high quality appearance in a new drill hole at our hard-rock lithium project near Araçuaí, state of Minas Gerais in Brazil. Spodumene is a lithium-bearing mineral. $BMIX
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Brazil Minerals' (OTCQB: BMIX) announced that the Company filed applications and received the first priority for five exploratory permits for
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within an area of approximately 20,143 acres located in the municipality of Niquelândia, in the Brazilian state of Goiás.
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Atlas Lithium (Nasdaq: ATLX) welcomed yesterday the 8th drill to its Minas Gerais Lithium Project in Lithium Valley, Brazil. Two more drills are expected soon. $ATLX
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Brazil Minerals' (OTCQB: BMIX) geology field team has intersected a wide layer of spodumene, the primary lithium-bearing mineral, in one of its hard-rock
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project area. $BMIX
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