Atlas Lithium Corporation (Nasdaq ATLX) Revenue and Competitors

Atlas Lithium Corporation (Nasdaq: ATLX) is a U.S.-based mineral exploration and development company focused on lithium and other battery metals critical to powering the green energy revolution.\n\nWe are primarily focused on advancing and developing our hard-rock lithium project located in the state of Minas Gerais, Brazil, where some of our high-potential mineral rights are adjacent to or near large lithium deposits.\n\nWe also have 100%-ownership of early-stage projects and properties in other minerals that are needed in the battery supply chain and high technology applications such as nickel and cobalt, rare earths, titanium, and graphite.\n\nOur goal is to become “the Mineral Resources Company for the Green Energy Revolution”. We believe that the shift from fossil fuels to battery power will yield long-term opportunities for us not only in lithium but also in such other minerals.\n\n*Minas Gerais Lithium \nOur largest endeavor consists of 52 mineral rights spread over 56,078 acres (227 km2) and predominantly located within the Brazilian Eastern Pegmatitic Province which has been surveyed by the Brazilian Geological Survey and is known for the presence of hard rock formations known as pegmatites which contain lithium-bearing minerals such as spodumene and petalite.\n*Apollo Resources\nWe own approximately 44% of the common shares of Apollo Resources Corporation (“Apollo Resources”), a private company currently primarily focused on the development of its initial iron mine, expected to start operations and revenues in early 2023.\n\n*Jupiter Gold\nWe also own approximately 24% of Jupiter Gold Corporation (“Jupiter Gold”), a company focused on the development of gold projects and of a quartzite mine, and whose common shares are quoted on the OTCQB under the symbol “JUPGF”. The quartzite mine is expected to start operations and revenues in early 2023.