Pull Back Alert! (NASDAQ:ATLX)
Good morning traders!
After this week's rally it only makes sense to bring back stock that delivered HUGE gains for us about 2 weeks ago!
**NASDAQ:ATLX** has had a pretty solid pull back and could be primed for another rally!
The last time we saw the stock hovering around these levels it ran all the way into the mid $6.00!!!
This is creating a HUGE opportunity for *ATLX* So with that in mind let's watch the open and PUT this little beauty on your radar!!
Here we gooo!!!!
**NASDAQ:ATLX** To The MOON!!!!
Just take a look at the 1 month chart.
Oh and if you guys have not seen it go check out the price target on this thing at $30.00!!!
Tradingview.com
Full company report
This growing NASDAQ-traded lithium firm looks positioned to capitalize as lithium makes an explosive comeback.
Many analysts are BULLISH, and multibillion dollar industrial conglomerates have invested $30 million in Atlas Lithium Corporation (NASDAQ: ATLX), an emerging lithium explorer that has the LARGEST exploration portfolio for lithium and other battery minerals in Brazil!
With only around $100M market cap, ATLX has massive growth potential as the company zeros in on Brazil's prolific Lithium Valley (LV), a region in Minas Gerais that is known for its lithium deposits.
Some of the company's high-potential mineral rights are adjacent to or near large lithium deposits that belong to a large, publicly traded comparable that boasts a $1.2 Billion market cap!
With significant price targets from esteemed analysts, ATLX may be one of the most undervalued companies hiding in the Lithium boom.
Overview
Focused on moving from exploration to profitability; Atlas Lithium Corporation (NASDAQ: ATLX) is a U.S.-based mineral exploration company with the largest size and breadth of exploration projects for strategic minerals in Brazil, a premier mineral jurisdiction.
ATLX intends to be a leader in the provisioning of minerals essential to the transformation of the global economy from fossil fuels to electrification, a process which is expected to take decades.
The company's properties encompass approximately 539 km2 for lithium, as well as mineral rights for nickel, rare earths, titanium and graphite. Atlas Lithium also owns 32% of Atlas Critical Minerals Corporation.
Discover how ATLX is positioned to become the "Mineral Resources Company for the Green Energy Revolution!"
Company Highlights
Over the last several years, Atlas Lithium has assembled Brazil's largest portfolio of lithium mineral rights among publicly listed companies.
ATLX holds three key projects that span the major lithium-mineralized zones in LV:
- The Neves Project in southern LV, Atlas Lithium's flagship development, which has recently been permitted and is advancing towards production;
- The Salinas Project in northern LV, spanning 2,070 acres with natural spodumene outcrops, and is located 4.7 miles from Latin Resources Ltd., and with potential for spodumene deposits;
- The Clear Project in central LV, which encompasses 470 acres, is situated 3.8 miles from Sigma Lithium's (NASDAQ: SGML) Grota do Cirilo mine. There is also potential for spodumene deposits. Sigma Lithium has a market cap of roughly $1.2B! (Note: ATLX's lithium processing manager James Schloffer had a key role at Sigma!)
State-of-the-Art Processing Plant En Route to Brazil
In a major milestone that accelerates Atlas Lithium's path to becoming Brazil's next significant lithium producer, the company's innovative processing plant is now making its way Brazil. The plant, which departed South Africa on February 2, 2025, is comprised of 141 containers and 10 bulk items, showcasing efficient design features that will set a new industry standard in lithium processing.
The fully-paid plant, valued in tens of millions of dollars, reaffirms Atlas Lithium's commitment to sustainable mining practices while positioning the company at the forefront of the global lithium industry. With its water-smart technology and eco-friendly low physical footprint, the facility is set to become Brazil's first modular DMS plant, demonstrating Atlas Lithium's leadership in responsible resource development.
The plant's arrival at Brazil's Port of Santos is scheduled for March 2, 2025. This innovative facility will enable Atlas Lithium to deliver premium-quality lithium concentrate to the rapidly growing electric vehicle and renewable energy markets, reinforcing the company's position as an emerging leader in sustainable lithium production.
Atlas Lithium's processing plant pictured during preliminary trial assembly stage in South Africa.
A CEO with the Know-How
Brazilian born CEO Marc Fogassa has a 25-year career in executive management, private equity/venture capital. He has extensive direct investing experience, including cross-border deal structuring, due diligence, management build-up, and Board of Directors oversight. 
Fogassa double majored at the Massachusetts Institute of Technology (MIT), earning Bachelor of Science degrees in Electrical Engineering and Biology. He subsequently graduated from the Harvard Medical School with a Doctor of Medicine degree and later from the Harvard Business School with a master's in business administration degree.
Marc Fogassa is the largest shareholder of Atlas Lithium himself, with ~30% of outstanding common shares. This is a vote of confidence from the man in charge and it showcases full CEO's alignment with shareholder interests.
Strategic Partnership with Global Industrial Giant
In a transformative development, Atlas Lithium secured a strategic partnership with Mitsui & Co., Ltd., one of Japan's largest global trading and investment companies with operations in over 60 countries. In March 2024, Mitsui demonstrated its confidence in Atlas Lithium's potential by making a substantial US$30 million strategic investment at a 10% premium to market price. The partnership includes a significant offtake agreement lithium concentrate from Atlas Lithium's Neves Project. Notably, Mitsui's largest shareholder is Warren Buffett's Berkshire Hathaway, adding another layer of institutional validation to Atlas Lithium's business model.
TOP Reasons to Have ATLX on Your Radar
- Positioned to Become a Very Low-Cost Producer – Open-pit mining, Brazil's low mining costs
- Expedited Timeline to Production – Permits in place, modular processing plant is paid-for and arriving to Brazil on March 2nd, 2025.
- Largest Hard-Rock Lithium Exploration Portfolio in Brazil – Premier lithium jurisdiction with high-quality spodumene and favorable infrastructure
- Strong Metallurgical Results – Proven potential for high-quality lithium concentrate
- Incentivized Management Team – Management owns ~32% of the company; fully aligned for success. Management has a background from Deloitte, Equinox Gold, ANM, and Comstock Resources.
- Committed Offtake Pre-Payments – Tier 1 lithium supply chain buyers sourcing product
In the Right Place at the Right Time
Within the global lithium industry, Brazil's LV has emerged as a premier hard-rock lithium jurisdiction.
Brazil's advantages include year-round mining operations, lower labor costs, and a supportive government. The country's lithium industry outperforms Australian producers on costs; Pilbara Mineral's US$370M acquisition of a Brazilian lithium explorer in August 2024 highlights the region's importance.
"Investments in lithium production in Minas Gerais are projected to range from $3.9 billion to $5.8 billion by 2030," according to João Paulo Braga, CEO of the state investment promotion agency, Invest Minas.
Few countries besides Brazil have such an advantageous position to attract investment, as other Latin American nations face uncertainties and political risks.
ATLX's Minas Gerais Lithium Project is its largest endeavor and consists of 85 mineral rights totaling approximately 468 km2 which include seven main clusters of prospective mineralization: Neves (currently being explored by drilling campaign and referred to as the "Neves Project"), Coronel Murta, Eastern Properties, Itinga, Salinas, Santa Clara, and Tesouras.
Several of the company's mineral rights are located adjacent to or near mineral rights that belong to a large publicly traded competitor company which has demonstrated through extensive drilling the presence of lithium deposits totaling over 100 million tons, according to its publicly available filings!
This is a Highly Attractive Location:
◼ Resource Potential to Support Large Scale Operations
✓ The Brazilian Geological Service (CPRM) suggested that the region has at least 45 lithium deposits
✓ Adjacent to operational lithium mines in the region such as Sigma Lithium and CBL
◼ Licensing Fast Track to Speed up Project Execution – Atlas with Permits in Place
✓ Minas Gerais government created a fast-track process, under the InvestMinas Program, to facilitate project development and allow for licensing to be issued quickly
✓ Mining friendly jurisdiction: 300+ operating mines in the state of Minas Gerais
◼Favorable Infrastructure
✓ Access to abundant renewable & clean energy sources and highway roads directly connected to intercontinental ports to supply main markets
Recent exploration activities at both the company's Salinas and the Clear Projects have yielded significant progress, and such development bodes well for ATLX's strategy of securing as many high-quality deposit areas within LV as feasible.
A Big Neighbor
Atlas Lithium's strategic holdings of 85 mineral rights across 468 km2 in Minas Gerais position it as the emerging force in Brazil's Lithium Valley, with several properties adjacent to Sigma Lithium Corporation, the region's established producer. Sigma's current market capitalization of approximately $1.2 billion—approximately twelve times that of Atlas Lithium—demonstrates the extraordinary value potential in the region. As Atlas Lithium follows a similar development path in the same proven lithium district the company represents a compelling growth opportunity at its current market valuation. The success of Sigma Lithium in establishing large-scale lithium operations provides a clear blueprint for Atlas Lithium's development trajectory in this world-class mining jurisdiction.
Lithium Projects: Highlights
- The Salinas Project continues to demonstrate its substantial potential, with recent detailed geological mapping revealing two outcrops of spodumene-rich pegmatites in the northwest portion of the mineral property, coinciding with a northeast-southwest trending lithium soil anomaly. Additionally, lithium mineralization has been determined in at least three pegmatites, with geochemical assay results ranging from 2.31% to 4.97% Li2O. Laboratory analysis of detailed soil sampling within the claim has identified at least three parallel north-south and northeast-southwest lithium anomalies associated with mapped pegmatites. The Company has undertaken geophysical surveys and such results have been consistent with the probability of one or more lithium deposits within the claim.
- At the Clear Project, detailed geological mapping of the claim has resulted in the discovery of two pegmatites, with completed soil sampling revealing a substantial northeast-southwest trending lithium anomaly associated with a mapped pegmatite, suggesting the presence of a buried pegmatite swarm. The Company's technical team has completed an initial round of geophysical studies which have been favorable for the potential of one or more lithium deposits within the mineral right.
- The Company's strategic approach prioritizes the Neves Project for initial production, while simultaneously advancing exploration at the Clear and Salinas Projects. Over the last several quarters, Atlas Lithium has enhanced its geological assessment methodology through a comprehensive multi-step process: detailed geological mapping, zoned and detailed soil geochemical analysis, and advanced geophysical surveys including LIDAR and magnetic surveys. In the Company's experience, such systematic approach has demonstrated accuracy in identifying potential spodumene deposits. Given the favorable results so far, the Company is expected to expand its exploration budget in 2025 to accommodate for drilling in both the Clear Project and the Salinas Projects.
The Neves Project Has Already Received All Permits Needed to Assemble its Processing Plant and Operate!
"We are thrilled with today's announcement, as permitting is widely considered the most critical risk in any mining project. Atlas Lithium's permit reflects fourteen months of our team's meticulous work throughout the licensing process (…). This milestone marks a key step for us towards becoming a lithium producer and advances Atlas Lithium into the next phase of our growth trajectory." – CEO Marc Fogassa
"We are committed to being a responsible corporate citizen for all our stakeholders. With the news provided today, and as the Neves Project proceeds towards implantation and operation, Atlas Lithium will create hundreds of local jobs in the Vale do Jequitinhonha area of Minas Gerais. Additionally, our lithium processing plant is engineered to possibly achieve the smallest environmental footprint in its class." – Director Rodrigo Menck
Strengthening Project Implementation Expertise with Eduardo Queiroz
Eduardo Queiroz joins Atlas Lithium as Project Management Officer (PMO) and Vice President of Engineering, bringing over 20 years of hands-on experience managing complex, large-scale mining projects, and making him the perfect addition to drive the Company's Neves Project to revenue generation. Mr. Queiroz has more than two decades of expertise in managing large-scale and complex mining projects, most recently as General Manager of Planning and Management at Bamin, a unit of Eurasian Resources Group, where he successfully led the strategic planning of several projects over US$3 billion, including an integrated iron ore mining project encompassing mining operations, processing plant, railway, and ocean port facilities. His comprehensive experience includes engineering oversight, environmental compliance, risk management, and the implementation of cost-efficient operational strategies. He holds an MBA in Project Management from Fundação Getúlio Vargas and a degree in Civil Engineering from the Universidade Federal de Ouro Preto.
"Eduardo's arrival could not come at a better time," said Marc Fogassa, CEO and Chairman of Atlas Lithium. "As we prepare to transition into production, his proven track record in the implementation of Brazilian mining projects will be instrumental in our success. We are honored and thrilled to have him on our team."
Promising Drilling and Metallurgical Results
Lithium might just be the hottest commodity to watch as we get closer to 2030 and could yield long-term opportunities for ATLX!
Why Lithium?
Lithium is on the list of the 35 minerals considered critical to the economic and national security of the United States as first published by the U.S. Department of the Interior on May 18, 2018.
In June 2021, the U.S. Department of Energy published a report titled "National Blueprint for Lithium Batteries 2021-2030" (henceforth, the "NBLB Report") which was developed by the Federal Consortium for Advanced Batteries ("FCAB"), a collaboration by the U.S. Departments of Energy, Defense, Commerce, and State. According to the Report, one of the main goals of this U.S. government effort is to "secure U.S. access to raw materials for lithium batteries."
In the NBLB Report, Ms. Jennifer M. Granholm, the U.S. Secretary of Energy, states: "Lithium-based batteries power our daily lives from consumer electronics to national defense. They enable electrification of the transportation sector and provide stationary grid storage, critical to developing the clean-energy economy."
The NBLB Report summarizes as follows the U.S. government's views on the needs for lithium and the expected growth of the lithium battery market:
"A robust, secure, domestic industrial base for lithium-based batteries requires access to a reliable supply of raw, refined, and processed material inputs…"
"The worldwide lithium battery market is expected to grow by a factor of 5 to 10 in the next decade."
Is Lithium Poised for a Major Comeback?
An anticipated surge in demand, coupled with expanding supply capacities, indicates a potentially lucrative rebound for the lithium market which could present significant investment opportunities.
A lithium rebound could bode well for many lithium companies including Atlas Lithium Corporation (NASDAQ: ATLX).
The rebound in lithium stocks got underway in 2024 when the world's largest miner of the metal, Albemarle revealed plans to cut production and spending. Smaller peer Arcadium Lithium quickly followed. The moves stirred hopes that lithium supplies would soon revert closer to current demand.
Investor enthusiasm continued in October of 2024 when the mining world's second-largest enterprise, Rio Tinto, sealed a $6.7 billion deal to take over Arcadium. The acquisition will make Rio a top lithium supplier. Why did Rio Tinto make such a big move? The mining giant is moving to solidify its position when lithium prices are near cyclical lows.
Are there any compelling reasons for investors to consider buying lithium stocks now? Plenty.
- Significant demand drivers are in place for lithium. Lithium is pivotal in the production of rechargeable batteries for mobile phones, laptops, digital cameras, and electric vehicles.
- The International Energy Agency (IEA) projects that clean energy technologies will increase global demand for lithium by nearly 90% over the next two decades.
- Strategic initiatives are underway to tighten lithium supply through mine closures and the deferral of new projects. These moves aim to address the excess supply that has contributed to the prolonged downturn in the lithium market.
- Many oil and gas giants are foraying into lithium production as efforts to curb emissions gain momentum, amid the global transition from fossil fuels to cleaner energy. This includes Buffett's Berkshire Hathaway Energy Renewables and Occidental Petroleum and ExxonMobil.
- Recent M&A in the Lithium mining space should encourage further consolidation. In October of 2024, Rio Tinto agreed to buy Arcadium Lithium plc (ALTM) for $5.85 per share in cash, bringing the total value of the deal to $6.7 billion. In December of 2024, Australia's Sayona Mining and U.S.-based Piedmont Lithium (PLL) agreed to merge in an all-stock transaction to form a unified lithium business. Pilbara Minerals Ltd. demonstrated further industry consolidation through its strategic acquisition of Latin Resources Ltd. for approximately $370 million, notably targeting assets in Brazil's Lithium Valley near Atlas Lithium's operations, which validated the region's growing importance in the global lithium supply chain.
What's Driving the Battery Metals Revolution?
The Battery Metals Market has seen substantial growth, driven primarily by the increasing demand for electric vehicles (EVs) and renewable energy storage solutions.
These battery metals are being utilized more frequently in batteries for consumer electronics, electric vehicles, and other uses. Brine and hard rock deposits found in countries with economies like China, the Americas, Australia, Canada, Brazil, and Portugal are sources of lithium metal. In lithium-ion batteries, cobalt is most frequently utilized as the cathode material. Nickel has a high energy density and storage capacity, making it a good choice for battery applications. Increased use of smartphones, tablets, and other electronic gadgets has positively impacted the global battery metal market.
According to recent market reports, the global battery metals market is currently valued at around $11.35 billion and is projected to reach $22.87 billion by 2033, growing at a CAGR of 8.1% due to increasing demand for electric vehicles and consumer electronics, with key battery metals including lithium, nickel, cobalt, manganese, and graphite; the Asia-Pacific region is the largest contributor to the market by revenue.
Strategic Partnerships with Tier 1 Global Partners
Large global partners validate Atlas Lithium's business model, assets, and team.
Experienced Management Team
A World-Class Technical Team
Leading Investment Bank Names ATLX as 2025 Top Pick
On January 28, 2025, H.C. Wainwright & Co., a respected U.S. investment bank, has designated Atlas Lithium (NASDAQ: ATLX) as one of its top picks for 2025, highlighting the company's strategic positioning and growth potential. The investment bank's analysis points to Atlas Lithium's progression toward production, emphasizing the significance of its fully-paid DMS plant and the company's strong partnerships with major lithium companies in Asia. With a "BUY" recommendation, H.C. Wainwright's research underscores Atlas Lithium's potential to become a key player in the global lithium supply chain, particularly noting its advantageous position in Brazil's Lithium Valley and the company's efficient operational model.
In Summary
Atlas Lithium Corporation (NASDAQ: ATLX) is positioned to become the "Mineral Resources Company for the Green Energy Revolution."
The global demand for lithium is set to skyrocket, with Statista projecting that it will reach 3.8 million tons by 2035—a significant leap from just over a million tons this year. The electric vehicle market continues to accelerate emphasizing the demand for lithium as well as other battery metals.
BloombergNEF's Long-Term Electric Vehicle Outlook shows that as technology for electrification continues to improve, and battery prices fall, adoption moves from being policy-driven to being driven by consumer demand across all markets. Passenger EV sales are expected to exceed 30 million in 2027 in BNEF's base case scenario and grow to 73 million per year in 2040.
To reiterate why ATLX should be on your radar:
- The company has assembled Brazil's largest portfolio of lithium mineral rights among publicly listed companies.
- The company's innovative lithium processing plant is fully paid, fabricated and is arriving to Brazil on March 2nd, 2025.
- All permits are accounted for to assemble the company's processing plant and start.
- Atlas Lithium was able to secure strategic partnerships and offtake agreements with Tier 1 GLOBAL partners.
- A neighboring player near the company's lithium project in Brazil has a market cap of about $1.2B - ~12 times the current market cap of Atlas Lithium!
- Management owns a staggering 32% of the company.
- An experienced management team with a CEO who holds degrees from MIT and Harvard.
With a slew of BULLish analyst price targets including one as high as $45.00, Atlas Lithium Corporation (NASDAQ: ATLX) looks like a compelling opportunity in the growing lithium market!
Start your research!
