Atlas Lithium Contracts Key Project Execution Partners to Drive Its Neves Project Toward Production | ATLX Stock News

StockTitan
2026.04.27 03:30
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Atlas Lithium Corporation (NASDAQ: ATLX) has engaged key operational partners for its Neves Project, aimed at lithium production. Contracts were awarded based on technical experience and cost efficiency, with the project expected to produce 146,000 tonnes of lithium concentrate annually at an operating cost of $489 per tonne. Selected partners include Promon Engenharia, TSX Engineering, Cerne Construções, and RETC Infraestrutura, all with significant experience in Brazil's mining sector. The Neves Project demonstrates strong economics with a 145% IRR and $539 million NPV, and Atlas Lithium holds the largest lithium exploration footprint in Brazil among public companies.