Atlas Lithium Boosts Neves Project With Alfa Engenharia Partnership

Atlas Lithium Takes Significant Step Forward with Appointment of Alfa Engenharia for Neves Project in Brazil

Atlas Lithium has appointed Alfa Engenharia as the electromechanical assembly contractor for the lithium processing plant at its Neves Project in Brazil. This strategic partnership brings together two leading players in the industry, aligning Atlas Lithium’s vision to deliver a world-class lithium project that meets the highest standards of quality, safety, and schedule.

The Neves Project, located in the state of Bahia, Brazil, is expected to produce approximately 146,000 tonnes per annum (tpa) of lithium concentrate, making it one of the largest lithium projects in the world. The project’s overall scope includes not only the production of lithium concentrate but also the development of a comprehensive and sustainable mining operation that adheres to strict environmental and social standards.

The appointment of Alfa Engenharia marks an important step forward for Atlas Lithium, as it covers everything from crushing systems to final product dispatch, representing a significant component of the project’s overall construction schedule. The two companies will work closely together to ensure timely completion and delivery of high-quality products.

Alfa Engenharia is responsible for installing all necessary mechanical, electrical, instrumentation, and automation systems for operation, underscoring the importance of effective project management and collaboration between partners in delivering complex projects on time and within budget.

The appointment follows a series of strategic partnerships established by Atlas Lithium in recent months, including Promon Engenharia, TSX Engineering, Cerne Construções, and RETC Infraestrutura. These partnerships demonstrate the company’s commitment to working with top-tier technical partners whose execution capabilities and professionalism support the on-schedule and on-budget delivery of the Neves Project.

Eduardo Queiroz, Atlas Lithium’s project management officer and vice-president of engineering, stated that the engagement of Alfa Engenharia builds directly on the momentum established last month. With each of these awards, Atlas Lithium continues to assemble a team of top-tier technical partners whose execution capabilities and professionalism support the on-schedule and on-budget delivery of the Neves Project.

The appointment brings expertise in Brazilian projects, ensuring that the assembly work is both efficient and timely. This represents a significant milestone in the progression of the Neves Project, as it marks an important step forward in the development of one of the world’s largest lithium projects.

With lithium concentrate prices exceeding $2,500/t in recent months, the economic potential of the Neves Project has never been more evident. The project’s strong financial prospects are underscored by its estimated operating cost of $489/t and forecasted production of 146,000 tpa of lithium concentrate. These figures demonstrate that the Neves Project is poised to become a major contributor to the global supply of lithium.

The Neves Project has been custom-made in South Africa and will be relocated to Brazil. This strategic decision represents an important step forward for Atlas Lithium, allowing the company to take advantage of the growing demand for lithium and establish itself as a major player in the industry.

As Atlas Lithium continues to assemble its team of top-tier technical partners, it remains committed to delivering a world-class lithium project that meets the highest standards of quality, safety, and schedule. The future of the Neves Project looks bright, with several operational partners currently in the process of being selected by Atlas Lithium’s technical team.

The stage is set for a successful and efficient project delivery, supporting Atlas Lithium’s commitment to delivering exceptional results. With Alfa Engenharia on board, the company is well-positioned to deliver high-quality work that exceeds expectations and drives progress towards the completion of the Neves Project.

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