Company: JUPGF
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001493152-25-013292
Chunk: 70

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-15
Form: F-1
Chunk 70
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 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 for deposits of rare earth elements, titanium, phosphate, and other valuable minerals.

Rare earths and titanium mineralization in the Alto Paranaíba Project is associated with a Cretaceous geological unit, the Mata da Corda Group, which is positioned at the top of the region’s geological sequence, supporting flat hills with a 100-meter elevation difference. The Mata da Corda group is subdivided into the Patos Formation, which consists of volcanic rocks with a kamafugite, kimberlite and lamproite affinity (alkaline-ultramafic magmatism – with high P and K),