Company: JUPGF
Filing Date: 2025-05-02
Form Type: DRS
Source: 0001641172-25-008279
Chunk: 77

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-05-02
Form: DRS
Chunk 77
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 significant potential for natural
graphite production, boasting the second-largest reserves of this critical mineral globally, estimated at approximately 74 million metric
tons as of 2024. This positions Brazil as a key player in the graphite market, particularly as demand for natural graphite is projected
to grow rapidly due to its essential role in various applications, including batteries for EVs, lubricants, and steel production.
The Brazilian graphite market is expected to experience a compound annual growth rate (“CAGR”) of 6.1% from 2025 to 2030, with natural
graphite being the fastest-growing segment within the industry.

The country is also strategically positioned to
capitalize on the increasing global demand for graphite, driven by the transition to renewable energy and the electrification of transportation.
Brazil’s government is actively promoting the development of its mineral resources, including graphite, to enhance its industrial
capabilities and reduce reliance on imports. However, challenges remain, such as the need for improved infrastructure and investment
in mining technologies to fully exploit its graphite reserves. With the right policies and investments, Brazil could emerge as a
leading supplier of natural graphite in the coming years.

Our Graphite Efforts

Our Malacacheta Project is strategically positioned to target critical minerals, specifically graphite. While in the early stages of development, this project offers significant long-term growth potential.

Our Arcos Project is a graphite project located near Nacional de Grafite, a leading graphite producer with over eight decades of experience in the Brazilian market. The Arcos Project requires further geological exploration but complements our overall portfolio and presents additional opportunities.

Our study area is strategically situated within the Araçuaí Orogen, a geologically complex region in eastern-central Brazil, encompassing parts of Bahia, Minas Gerais, and Espírito Santo states. Nestled at the southern edge of the São Francisco Craton, this orogen boasts a rich and intricate history shaped by multiple subduction events and tectonic developments spanning over 880 million years. The Macaúba Basin, a key component of this history, provides valuable insights into the region’s early Evolution.

Our Mineral Properties - Graphite

| Project             |     | Mineral      
 Right Number |               |     | Area               
 (size in hectares) |          |     | Mineral |          |     | Municipality |             |     | State, Country       |
| Malacacheta Project |     |              | 831.698/2021* |     |                    |   260.95