Company: JUPGF
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001493152-25-013292
Chunk: 105

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-15
Form: F-1
Chunk 105
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 transfer. The demand for copper is expected to increase
significantly as the world moves towards electrification and sustainable energy solutions.

The importance of copper
to the U.S. economy is substantial, particularly as the country aims to enhance its technological capabilities and reduce dependence
on foreign sources. The Biden administration had set ambitious goals for clean energy and infrastructure development, which would require
a significant increase in copper supply. By 2035, the U.S. would need to double its annual copper supply to meet such targets. Additionally,
copper is classified as a critical mineral by the U.S. government, emphasizing its strategic importance for national security and economic
stability. Efforts are underway to bolster domestic copper production and processing capabilities, including investments in mining projects
and partnerships with Latin American countries to secure a stable supply.

In conclusion, copper is
a vital metal with significant reserves concentrated in Latin America, particularly in Chile and Peru. Its diverse applications across
various industries underscore its importance to the U.S. economy, especially in the context of the growing demand for clean energy technologies
and infrastructure development. 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.

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Copper in Brazil

Brazil has significant
potential for copper production, with the country being the fourteenth-largest producer of copper globally as of 2023. In that year,
Brazil produced approximately 344 thousand metric tons of copper, which, while a decrease from the previous year, still reflects a substantial
increase compared to the early 2010s when production was below 214 thousand tons. The country accounts for about 1% of global copper
production, with major mining companies like Vale and Lundin Mining leading the sector. Vale, in particular, has been focusing on increasing
its output and improving operational efficiencies to capitalize on the growing demand for copper, especially in the context of the global
transition to renewable energy and electric vehicles.

Brazil’s copper production
is expected to grow at a CAGR of approximately 3% between 2023 and 2027, driven by increasing investments in mining infrastructure and
exploration activities. The country’s rich mineral resources, combined with favorable geological conditions, position Brazil as
a key player in the copper market. Additionally, the Brazilian government is actively promoting the mining sector, aiming to attract
foreign investment and enhance the regulatory framework to support sustainable mining practices. This strategic focus on copper production
aligns with global trends