Company: JUPGF
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001493152-25-013292
Chunk: 68

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-15
Form: F-1
Chunk 68
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 and strategic development, Brazil could
emerge as a key player in the global rare earth market, potentially reducing reliance on Chinese supplies and strengthening its position
in the international minerals landscape.

Our Rare Earths Effort

We hold approximately 53,692 acres of mineral rights for rare earths across two distinct projects: the Alto Paranaíba Project in the state of Minas Gerais and the Goiás Project in the state of Goiás, both described below. In the Alto Paranaíba Project, titanium, another critical mineral, occurs alongside rare earths. While management currently intends to exploit its material mineral rights that are the principal focus of our efforts, as more particularly set forth below, we possess additional mineral rights that we consider to be immaterial to our current development plan. Management intends to continue to evaluate such mineral rights with the objective to explore such mineral rights at such time as the Company’s business develops and economic conditions justify their further development and extraction. A further description of these mineral rights, including maps showing the locations, is attached as Exhibit 99.1 to this registration statement of which this prospectus forms a part.

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Titanium

Overview

Vital for aerospace (jet engines, airframes) and military applications (armor, missiles). The U.S. imports ~100% of titanium sponge, with China influencing 34% of global mineral production.

Titanium is a lightweight,
high-strength metal known for its exceptional corrosion resistance and ability to withstand extreme temperatures. It is primarily derived
from minerals such as ilmenite (FeTiO) and rutile (“TiO”). Titanium’s unique properties make
it an ideal material for various applications, particularly in the aerospace, automotive, medical, and construction industries. Its strength-to-weight
ratio is superior to that of steel, making it a preferred choice for components that require both durability and reduced weight.

The global distribution
of titanium reserves is concentrated in a few key countries. As of 2023, Australia and China are the largest holders of titanium reserves,
with Australia possessing approximately 40 million metric tons of ilmenite and rutile combined, while China holds around 30 million metric
tons. Other countries with significant titanium reserves include India, South Africa, and Canada, each contributing to the global supply
of titanium minerals. Notably, Australia is also a major producer of titanium, with its operations primarily focused on ilmenite extraction,
which is the most common source of titanium.

China plays a dominant
role in