Atlas Lithium Corp (ATLX) Discovers High-Grade Mineralization at Alto do Paraiba Project

Atlas Lithium Corporation (NASDAQ:ATLX) is one of the top lithium stocks to buy now. On August 25, the company confirmed the discovery of rare earth mineralization grades of up to 28,870 ppm total rare earth oxide. It also announced it has achieved 96.6% graphitic carbon.

The impressive results were at the Alto do Paraíba Project, which covers 27,734 hectares across 16 mineral rights. At the Malacacheta Project, spanning 1,258 hectares, the company reported graphite mineralization with final concentrate grades reaching 96.5% total graphitic carbon.

“While we remain laser-focused on advancing the Neves Lithium Project to production, our subsidiary’s achievements in rare earths and graphite create the opportunity for meaningful additional shareholder value,” said Marc Fogassa, Chairman and CEO of Atlas Lithium.

Atlas Lithium Corporation (NASDAQ:ATLX) is a mineral exploration and development company focused on discovering and advancing projects for lithium and other battery and critical minerals in Brazil. The company’s primary objective is to become a key supplier of these essential materials for the green energy and battery industries.

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Disclosure: None. This article is originally published at Insider Monkey.