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ATLX vs IE

Atlas Lithium Corporation Common Stock and Ivanhoe Electric Inc.

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Atlas Lithium Corporation Common Stock

Atlas Lithium Corporation operates as a mineral exploration and development company in Brazil. It operates the Minas Gerais lithium project that consists of 85 mineral rights covering an area of 468 km2 located in northeastern Minas Gerais, Brazil; and Northeastern Brazil lithium project, which consists of 7 mineral rights covering an area of 71 km2 located in the States of Paraíba, Rio Grande do Norte, and Tocantins. The company is also involved in the exploration and development of mineral rights relating to minerals, such as rare earths, copper, graphite, nickel, iron, gold, and quartzite. The company was formerly known as Brazil Minerals, Inc. and changed its name to Atlas Lithium Corporation in October 2022. Atlas Lithium Corporation was founded in 2011 and is based in Belo Horizonte, Brazil.

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Ivanhoe Electric Inc.

Ivanhoe Electric Inc., a mineral exploration company, focuses on developing mines from mineral deposits primarily in the United States. The company primarily explores for copper, gold, and silver deposits. Its flagship projects are the Santa Cruz Project, a copper exploration project that comprises 5,975 acres on private land and associated water rights located in Arizona; and the Tintic Project, which covers an area of approximately 81.97 square kilometers of private patented claims, unpatented claims, and state leases situated in Utah. The company was incorporated in 2020 and is headquartered in Tempe, Arizona.

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