Company: JUPGF
Filing Date: 2025-07-25
Form Type: DRS/A
Source: 0001641172-25-021053
Chunk: 70

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-07-25
Form: DRS/A
Chunk 70
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 supply chain and enhancing domestic production capabilities will be crucial for maintaining the U.S.’s
competitive edge in technology and manufacturing. Titanium has been on the list of the 35 minerals considered critical to
the economic and national security of the United States since it was first published by the U.S. Department of the Interior on May 18,
2018.

Titanium in Brazil

Brazil has significant potential for titanium
production, particularly through its rich mineral resources and ongoing investments in the sector. The country is home to substantial
reserves of titanium-bearing minerals, primarily ilmenite and rutile, which are essential for producing titanium dioxide (“TiO₂”)
and titanium metal. Recent reports indicate that Brazil’s titanium production capacity is expected to increase, driven by projects
such as Largo Resources’ Maracás Menchen Mine, which has substantial titanium reserves alongside vanadium. This mine is
projected to produce approximately 6.89 million tons of contained TiO₂, highlighting Brazil’s potential to become a key
player in the global titanium market.

Moreover, Brazil’s titanium market is poised
for growth due to rising demand in various industries, including aerospace, automotive, and construction. The country’s strategic
initiatives to enhance its mining capabilities and improve processing technologies are expected to attract foreign investment and foster
partnerships with international companies. As the global demand for titanium continues to rise, particularly for applications in lightweight
and high-strength materials, Brazil’s rich titanium resources could play a crucial role in meeting this demand and establishing
the country as a significant supplier in the international market.

Our Titanium Efforts

In our Alto Paranaíba Project in the state of Minas Gerais, titanium is found alongside rare earths elements. We describe our initial titanium results in the section below titled “ Alto Paranaíba Project.”

Alto Paranaíba Project – Rare Earths and Titanium Mineral Properties – Exploration Phase

The Alto Paranaíba Project encompasses mineral rights in the municipalities of Carmo do Paranaíba, Lagoa Formosa, Patos de Minas, Presidente Olegário, and Tiros in the state of Minas Gerais in Brazil, distant approximately 350 km from Belo Horizonte, that state’s capital and where our primary office is located.The name “Alto Paranaíba” refers to the
Paranaíba River that flows in the region.

The location where the Alto Paranaíba Project is inserted is a significant mineral province known