In recent years, the significant fluctuations in lithium prices have subjected enterprises across the industry chain to a rollercoaster of experiences. Although lithium prices have long since lost their former glory, the development prospects of the new energy industry chain remain bright amid the global advocacy for a low-carbon economy, with the importance of lithium resources becoming increasingly prominent.
As one of the regions with the most abundant lithium resources globally, South America, particularly the "Lithium Triangle" region (comprising Bolivia, Argentina, and Chile), boasts over 55% of the world's proven lithium reserves. Consequently, South America's lithium resources play a pivotal role in the global energy transition.
Against this backdrop, SMM organized the 2025 SMM South American Lithium Resources Field Trip. Led by Chen Siyu, the project manager of SMM's overseas South American lithium resources field trip, and Zhou Zhicheng, a senior analyst in new energy and lithium batteries, the delegation visited lithium-related enterprises in South America from May 15 to May 26, 2025. They toured local lithium ore and material enterprises, held discussions with company executives, and explored potential opportunities in lithium ore resource development, technological exchanges, and investment cooperation. On May 24, SMM and delegation members headed to Atlas Lithium for in-depth exchanges.
Company Profile
Upon arriving at Atlas Lithium, SMM and delegation members were warmly received by a team including Marc Fogassa, Chairman and CEO, Tiago Miranda, CFO and Treasurer, and Igor Tkachenko, Vice President of Strategy, who provided a detailed introduction to the company's business development.
Atlas Lithium Corporation is advancing its wholly-owned hard-rock lithium project in Minas Gerais, Brazil, towards the production phase. The project secured operational approval from the state of Minas Gerais in October 2024. Atlas Lithium holds exploration rights to approximately 539 square kilometers of lithium ore, making it the publicly listed firm with the largest lithium ore exploration area in Brazil. Additionally, Atlas Lithium owns approximately 32% of Atlas Critical Minerals Corporation.
Group Photo After the Visit
Following the visit, SMM and delegation members took a group photo with Atlas Lithium to commemorate the occasion and foster deeper cooperation and friendship. It is believed that there will be further in-depth exchanges and collaborations in the future!
Through this field trip and survey, SMM and delegation members gained a deeper understanding of Atlas Lithium's development, as well as a more profound insight into the market status, development trends, and existing challenges of the South American lithium battery industry. They will continue to deepen cooperation with major enterprises to achieve complementary advantages and drive the development of the lithium battery industry.
