Company: JUPGF
Filing Date: 2025-10-08
Form Type: F-1/A
Source: 0001493152-25-017439
Chunk: 72

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-10-08
Form: F-1/A
Chunk 72
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 and reduce reliance on
foreign sources. The U.S. titanium market is projected to grow substantially, driven by increasing demand from the aerospace and defense
sectors. In 2022, the global titanium market was valued at approximately $28.59 billion, with expectations to reach nearly $52 billion
by 2030. This growth underscores the critical role titanium plays in supporting advanced manufacturing and technological innovation in
the U.S.

| 43 |

In conclusion, titanium
is a vital metal with significant reserves concentrated in a few countries, primarily Australia and China. Its diverse applications across
various industries highlight its importance to the U.S. economy, particularly in aerospace and medical sectors. As the demand for titanium
continues to rise, ensuring a stable supply chain and enhancing domestic production capabilities will be crucial for maintaining the
U.S.’s competitive edge in technology and manufacturing. Titanium has been on the list of the 35 minerals considered critical to
the economic and national security of the United States since it was first published by the U.S. Department of the Interior on May 18,
2018.

Titanium in Brazil

Brazil has significant
potential for titanium production, particularly through its rich mineral resources and ongoing investments in the sector. The country
is home to substantial reserves of titanium-bearing minerals, primarily ilmenite and rutile, which are essential for producing titanium
dioxide (“TiO₂”) and titanium metal. Recent reports indicate that Brazil’s titanium production capacity is expected
to increase, driven by projects such as Largo Resources’ Maracás Menchen Mine, which has substantial titanium reserves alongside
vanadium. This mine is projected to produce approximately 6.89 million tons of contained TiO₂, highlighting Brazil’s potential
to become a key player in the global titanium market.

Moreover, Brazil’s
titanium market is poised for growth due to rising demand in various industries, including aerospace, automotive, and construction. The
country’s strategic initiatives to enhance its mining capabilities and improve processing technologies are expected to attract
foreign investment and foster partnerships with international companies. As the global demand for titanium continues to rise, particularly
for applications in lightweight and high-strength materials, Brazil’s rich titanium resources could play a crucial role in meeting
this demand and establishing the country as a significant supplier in the international market.

Our Titanium Efforts

In our Alto Paranaíba Project in the state of Minas Gerais, titanium is found alongside rare earths elements. We describe our initial titanium results in