Company: JUPGF
Filing Date: 2025-08-27
Form Type: DRS/A
Source: 0001493152-25-012379
Chunk: 108

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-27
Form: DRS/A
Chunk 108
---
 of 3.8% from 2024 to 2030, potentially reaching 544.6 million tons by
the end of the decade. This growth will be supported by ongoing developments in various mining projects, including the Capanema,
Amapa, Morro do Pilar, and Colomi projects. However, the industry faces challenges such as environmental concerns, infrastructure bottlenecks,
and social conflicts, which could hinder its growth. Despite these hurdles, Brazil’s abundant iron ore reserves and the expansion
plans of leading producers position the country well for continued growth in the iron ore sector.

The following is a description
of our iron ore mineral rights owned by the Company. All but one of these mineral rights are currently deemed by management to be immaterial
to the Company’s current business plans; however, as the Company’s business develops and market conditions render
the further development and extraction of iron ore economically feasible, management intends to monetize its mineral rights set forth
below. A further description of the Company’s immaterial iron ore mineral rights, including maps showing the locations, is attached
as Exhibit 99.1 to this registration statement of which this prospectus forms a part.

| Project                    |     | Mineral      
 Right Number |              |     | Area               
 (size in hectares) |          |     | Mineral  |     | Municipalities      |     | State, Country             |
| Rio Piracicaba Project     |     |              | 833.114/2012 |     |                    |   188.31 |     | Iron Ore |     | Rio Piracicaba      |     | Minas Gerais, Brazil       |
| Barão de Cocais Project    |     |              | 831.616/2019 |     |                    |   147.24 |     | Iron Ore |     | Barão de Cocais     |     | Minas Gerais, Brazil       |
| Itabira Project            |     |              | 830.627/2019 |     |                    | 1,534.74 |     | Iron Ore |     | Itabira             |     | Minas Gerais, Brazil       |
| Rio Pardo de Minas Project |     |              | 830.632/2021 |     |                    | 1,390.35 |     | Iron Ore |     | Rio Pardo de Minas  |     | Minas Gerais, Brazil       |
| Rio Pardo de Minas Project |