Company: JUPGF
Filing Date: 2025-08-11
Form Type: DRS/A
Source: 0001641172-25-022982
Chunk: 120

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-11
Form: DRS/A
Chunk 120
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 our primary focus is on our critical mineral properties.

Quartzite is a naturally occurring metamorphic
rock that forms when quartz-rich sandstone undergoes intense heat and pressure over millions of years. Composed primarily of quartz (silicon
dioxide, SiO₂), quartzite is known for its exceptional hardness, durability, and resistance to chemical weathering. These qualities
make it a highly sought-after material for a variety of industrial, architectural, and decorative applications. Quartzite occurs in a
range of colors, including white, gray, pink, and red, depending on the mineral impurities present during its formation. Its unique combination
of strength and aesthetic appeal has made it increasingly popular in construction and interior design.

Quartzite deposits are found worldwide, often
in regions with significant geological activity where sandstone has been subjected to metamorphism. Major producers of quartzite include
the United States, Brazil, India, South Africa, and Norway. In the United States, quartzite is primarily mined in states like South Dakota,
Utah, and Wisconsin. Brazil, known for its vibrant and colorful quartzite varieties, is a leading exporter of high-quality quartzite
slabs for the global market. India and South Africa are also significant players, supplying both raw quartzite and finished products
for industrial and decorative use.

Quartzite is used in a variety of applications
due to its strength, hardness, and resistance to heat and chemicals. In the construction industry, it is commonly used as a building
stone for walls, flooring, countertops, and roofing. Its durability makes it an ideal choice for high-traffic areas and outdoor installations.
In interior design, quartzite has gained popularity as a premium material for kitchen countertops and bathroom surfaces, offering a natural
alternative to engineered quartz and granite. Quartzite is also used in industrial applications, such as the production of silica, an
essential component in glassmaking, ceramics, and silicon-based technologies. Additionally, crushed quartzite is used as a base material
for roads, railways, and construction projects.

Brazil is a global leader in the production and
export of decorative quartzite, known for its vibrant colors and intricate patterns. These slabs are highly prized in international markets,
particularly in North America and Europe, for use in luxury interiors. In contrast, countries like India and South Africa focus on supplying
quartzite for industrial purposes, including silica production. The processing of quartzite into finished products, such as tiles and
countertops, often takes place in countries with