06
Dec
19:52
Atlas Lithium’s Neves project fully funded to first production
Florida-based mining company Atlas Lithium is now fully funded to first production at its Neves lithium project in Minas Gerais, Brazil, Kallanish learns.
On 4 December, the company announced that it had secured direct investment and offtake agreements with China’s Yahua Lithium and Chengxin Lithium, both of which supply lithium hydroxide to companies like Tesla and LG.
Total Phase 1 capital expenditures were estimated at $49.5 million, and Yahua and Cheng…
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