Atlas Lithium's Subsidiary To Generate Revenue In Q4 2025 Through Strategic Iron Ore Partnership

Strategic Partnership Model Allows for Near-Term Cash Flow Generation

Boca Raton, Florida--(Newsfile Corp. - September 2, 2025) - Atlas Lithium Corporation (NASDAQ:ATLX) ("Atlas Lithium" or "Company"), a leading lithium development company advancing towards production at its flagship Neves Lithium Project, today announced significant progress by its 30%-owned subsidiary, Atlas Critical Minerals Corporation (OTCQB:JUPGF) ("Atlas Critical Minerals" or "ACM"). ACM's Iron Quadrangle Project is expected to generate initial revenues in the fourth quarter of 2025 through a strategic partnership with an iron ore processing company, marking a major milestone in the Company's diversified portfolio strategy.

The Iron Quadrangle Project, named after its world-renowned location in the State of Minas Gerais, Brazil, will leverage a capital-efficient revenue model through partnership with an established iron ore processor. Under this arrangement, mining operations and processing of extracted iron ore will be performed by the partner company, which owns processing facilities capable of transforming ACM's unprocessed iron ore into high-quality sinter feed. Atlas Critical Minerals will receive revenues from its run-of-mine material and a percentage of the final sinter feed product sales. Figure 1 is a photograph of the plant expected to process ACM's iron ore.