Company: JUPGF
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001493152-25-013292
Chunk: 111

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-15
Form: F-1
Chunk 111
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strategic initiatives, including the expansion of its S11D and Vargem Grande mines, have been pivotal in enhancing production capacity.
Vale aims to increase its output to between 340 and 360 million tons by 2026, further solidifying Brazil’s position in the global
iron ore market.

Brazil’s iron ore
production is forecasted to grow at a CAGR 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 |