Company: JUPGF
Filing Date: 2025-08-11
Form Type: DRS/A
Source: 0001641172-25-022982
Chunk: 102

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-11
Form: DRS/A
Chunk 102
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 geopolitical tensions and trade restrictions. To mitigate these risks, the U.S. government is actively pursuing
strategies to bolster domestic production and processing of natural graphite, which could enhance supply chain resilience and support
the growth of clean energy technologies.

When comparing natural graphite to synthetic graphite,
several advantages of natural graphite become apparent. Natural graphite typically has a higher crystalline structure, which results
in better electrical and thermal conductivity than synthetic graphite. Additionally, natural graphite is often less expensive to produce,
as it requires less energy and fewer resources compared to the energy-intensive processes involved in synthesizing graphite. The
environmental impact of natural graphite extraction can also be lower than that of synthetic graphite production, particularly when sustainable
mining practices are employed. As demand for graphite continues to rise, the benefits of natural graphite over synthetic alternatives
will likely play a crucial role in shaping future supply chains and market dynamics.

In summary, natural graphite is a vital resource
with significant reserves concentrated in a few countries, primarily China. Its applications in batteries and other industries underscore
its importance to the U.S. economy, particularly as the nation seeks to enhance its technological capabilities and reduce reliance on
imports. The advantages of natural graphite over synthetic graphite further highlight its potential role in supporting sustainable development
and clean energy initiatives.

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Graphite in Brazil

Brazil holds 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