Atlas Lithium $ATLX Positions Itself To Meet Soaring Global Lithium Demand W/ Strategic Investments

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00:00The increasing demand for lithium, driven by the rise of electric vehicles, EVs, and

00:07government mandates promoting electrification, is expected to remain robust by 2030.

00:13Lithium-ion batteries, essential for powering EVs, smartphones, laptops, and renewable

00:18energy storage systems, play a critical role in reducing carbon emissions and supporting

00:23the transition from fossil fuels to renewable energy sources.

00:27Market forecasts predict a substantial increase in lithium demand, with fast markets projecting

00:32a 487% rise in the U.S. by 2030 and future market insights expecting the lithium-ion

00:39battery material market to grow at a CAGR of 23.9% from 2024 to 2034.

00:46Atlas Lithium Corporation is strategically positioned to benefit from this growing demand,

00:51with extensive lithium exploration properties, particularly in Brazil's lithium valley.

00:56The company's primary asset, the Minas Gerais lithium project, is located in Brazil's

01:02lithium valley, which has been estimated to hold the world's fifth-largest lithium

01:06reserves.

01:07Atlas Lithium has secured significant funding and strategic partnerships, including off-take

01:11agreements with major global investors and companies like Chungshin Lithium Group, Yahua

01:16Industrial Group, and Mitsui & Company.

01:19Limited the company is on track to become a leading producer of high-grade lithium concentrate,

01:24with plans to produce up to 150,000 metric tons per year by 2024 and double this capacity

01:31by 2025.

01:32Despite market volatility, the long-term outlook for lithium remains strong, and Atlas Lithium

01:38is well-positioned to meet the growing global demand for this critical mineral.