Atlas Critical Minerals Defines South America's Largest, Highest-Grade Reported Graphite Resource: 24.2 Million Tonnes, Including 17.2 Million Tonnes Indicated at 5.73% Graphitic Carbon
Key Highlights
- ➤MRE: 17.2 Mt indicated at 5.73% Cg, containing approximately 986,000 tonnes graphite (ATCX)
- ➤MRE: 7.0 Mt inferred at 5.40% Cg, containing approximately 378,000 tonnes graphite (ATCX)
- ➤Resource covers 2.5 km of an 11-km corridor; 8.5 km remains untested (ATCX)
- ➤PEA targeted for Q2 2027 as Atlas advances exploration and technical studies (ATCX)
- ➤Samples qualified for electric vehicle batteries and nuclear reactors, Atlas says (ATCX)
Expert Statements
Marc Fogassa, Chairman and Chief Executive Officer of Atlas Critical Minerals
“This maiden resource is a defining milestone for Atlas Critical Minerals and, we believe, for graphite supply in the Americas”
Marc Fogassa, Chairman and Chief Executive Officer of Atlas Critical Minerals
“Our maiden graphite report already points to a quality asset: our Indicated grade exceeds that of the largest known graphite deposit in the United States by approximately 25%.”
Marc Fogassa, Chairman and Chief Executive Officer of Atlas Critical Minerals
“Beyond an already sizable initial resource, , we have drilled only about 2.5 kilometers of an 11-kilometer corridor, on just one of our three contiguous tenements.”
Marc Fogassa, Chairman and Chief Executive Officer of Atlas Critical Minerals
“Importantly, samples from our Project have been processed, tested, and qualified by a well-regarded graphite laboratory in the U.S. for use in electric vehicle batteries and in nuclear reactors, two of the highest-value markets.”
Indicated Grade Approximately 25% Higher Than the Measured and Indicated Grade of the Largest Known Graphite Deposit in the United States
Belo Horizonte, Brazil--(Newsfile Corp. - September 29, 2026) - Atlas Critical Minerals Corporation (NASDAQ: ATCX) ("Atlas Critical Minerals" or the "Company"), a diversified critical minerals exploration company, today announced the maiden Mineral Resource Estimate ("MRE") for its 100%-owned Malacacheta Graphite Project (the "Project") in Minas Gerais state, Brazil. The MRE is contained in the Technical Report Summary ("TRS") filed as Exhibit 96.1 to the Company's Report on Form 6-K filed with the Securities and Exchange Commission ("SEC") today.
Get started
Create a free account to read the full story.