Company: JUPGF
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001493152-25-013292
Chunk: 62

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-15
Form: F-1
Chunk 62
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 will be considered and accounted for as a transaction between entities under common control.

| 40 |

Primary Exploration Focus

Our primary exploration focus is
on advancing our rare earths, titanium, and graphite projects to support the growing global demand for these critical minerals. Although
our primary focus is on our critical material mineral properties, we also have a quartzite operation, which was previously our sole property
generating revenues, as well as a permit to operate an iron ore mine with planned operations commencing prior to the end of 2025. See
“Business-Iron Ore-Overview” on page 91 of this prospectus, and “Business-Quartzite-Overview” on
page 97 of this prospectus.

Critical Minerals and Geopolitical Background

The U.S. sits atop a vast and intricate supply chain,
relying on scarce and strategically critical minerals for its economy and national security—yet it controls only a fraction of
global reserves.

| ● | Limited Domestic Supply: The U.S.                                                                                                     
 holds less than 2% of global reserves for rare earth elements, graphite, cobalt, and nickel.                                          |
| ● | Economic Impact of Supply Disruptions:  Rare earths drive $298 billion in economic                                                    
 activity, supporting 535,000 U.S. jobs and $33.3 billion in payroll. They also warn that disruptions could severely impact industries 
 and quality of life.                                                                                                                  |

The First Trump Administration

| ● | 2020 Joint Action Plan with Canada: President Trump signed a Joint Action Plan with Canada to                
 secure critical mineral supply chains, focusing on reducing reliance on foreign sources, particularly China. |
| ● | Energy Resource Governance Initiative (ERGI): The U.S. partnered with Australia and Botswana                 
 to promote transparent and sustainable mineral markets under the ERGI program.                               |
| ● | Energy Act of 2020: This legislation directed federal agencies to identify critical                          
 minerals and reduce barriers to mining and production.                                                       |
| ● | Executive Orders: Trump issued multiple executive orders addressing critical mineral vulnerabilities,        
 including declaring a national emergency to expedite domestic mining and refining.                           |

The Biden Administration

| ● | Mineral Security Partnership (2024): The Biden administration launched this U.S.-led initiative                                   
 with the EU and 13 other nations to finance critical mineral projects, counter China’s dominance, and enhance global cooperation. |
| ● | Executive Order 14017 (2021): Biden issued this order to assess U.S. supply chain