The company controls more than 218,000 hectares of critical mineral properties across Brazil with its broad mineral portfolio, targeting strategic minerals such as rare earth elements, titanium, graphite, and uranium.
According to the company’s statement, iron ore shipments are already being taken from the mine site and transported to a processing facility operated by an independent Brazilian iron ore company, where the material is converted into high-quality sinter feed. The ore, extracted through open pit mining, is transformed at this facility into premium sinter feed used in steel production.
Under its modernized operating model, Atlas Critical Minerals receives a specified percentage of revenue from both the delivered raw material and the final sinter feed product.
In May 2024, the company obtained 10 year operating license from the State of Minas Gerais for the extraction of up to 300,000 tonnes per year, and in May 2025 it secured mining concession status for the mineral rights from the Brazilian Ministry of Mines and Energy.
Extensive Iron Ore Portfolio
Atlas Critical Minerals’ iron ore portfolio covers a total area of 55,057 acres across 18 different mining sites in Brazil. With the commissioning of this first iron ore project as of November 2025, the company has not only begun producing high-quality raw materials for the steel industry but also strengthened its operational presence in Brazil.
According to the company, the loading of iron ore materials onto trucks for transport to the processing facility, as well as the facility’s working area, were presented to the public through the published press visuals.
Growing Portfolio in Critical Minerals
In addition to its iron ore operations, Atlas Critical Minerals is one of the largest holders of mineral rights in Brazil, with a strategic portfolio that includes rare earth elements, titanium, graphite, and uranium projects. With this structure, the company aims to supply raw materials both to the steel production chain and to high-technology sectors such as clean energy and the defense industry.
The Iron Quadrangle region is a mineral-rich area covering approximately 7,000 square kilometers in the mid-southern part of the Brazilian state of Minas Gerais. The region is known for its extensive gold, diamond, and iron ore deposits, which were the source of about 40% of all gold produced in Brazil between 1500 and 2000.
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