ATACAMA RESOURCES BROADENS INTO THE EV MARKETPLACE
HISTORY
Atacama Resources International, Inc. was founded nine years ago as a US public company and focused on mining claims for properties in Kirkland Lake, Ontario’s ‘Golden Mile’, that showed indications of having viable concentrations of gold ore. When looking for gold, concentrations of cobalt and graphite often were found as well, and Atacama decided they would also become targets of interest.
Since Atacama Resources was founded in 2015, the EV (Electric Vehicle) market has matured and over the last two years, virtually all automobile manufacturers globally have decided that their future is dependent on transitioning from internal combustion engine-powered automobiles to electric automobiles, SUV’s, and trucks. This means that the demand for lithium, cobalt, and graphite used to manufacture EV batteries will increase exponentially in the years ahead.
Because of the ever-increasing demand for lithium, especially, new lithium mining sources must be found in the Western Hemisphere to offset current sources of lithium in countries that may exploit their strong position and do not always work in the best interests of the United States. Atacama is committed to becoming a player in lithium exploration activities in Canada and the US.
Atacama Resources International is an OTC Pink Current United States public company. The company is reviewing additional properties in northern Canada as well as properties in the United States. Due to the enormous growth of the EV market, minerals of interest include gold, graphite, cobalt, lithium, silver, and nickel.
There are several gold properties near the existing Atacama gold property in Kirkland Lake that are under review for the purpose of acquiring additional mining claims. In addition, the company has previously explored cobalt and graphite locations within 30 miles of the existing Atacama gold property. The cobalt and graphite claims are still available, and steps are being taken to acquire the mineral rights to these properties.
The emergence of the EV market has presented a new opportunity for Atacama Resources and the company is positioning itself to take advantage of the opportunity.
THE FUTURE OF EVS
As we navigate the transition towards a green economy, electric vehicles (EVs) are anticipated to play a fundamental role. However, the growth of the EV market is closely tied to the mining industry. The metals required to manufacture batteries – lithium, cobalt, nickel, and others – are sourced primarily through mining. As demand for EVs accelerates globally, the call for these metals also intensifies, placing Atacama Resources at the heart of the electric vehicle revolution.
Looking to reduce our global carbon footprint and shift away from fossil fuel-dependent vehicles, the role of mining becomes even more crucial. Electric vehicles represent one of the most promising technologies for reducing greenhouse gas emissions in the transportation sector, showing us that the mining of necessary minerals and metals indirectly contributes to global environmental sustainability.
STRATEGY
Atacama Resources is working to better leverage its capabilities towards meeting the increasing demand from the electric vehicle (EV) market. Our strategy has four main focus points: expanding exploration and mining claim development, forming partnerships, enhancing sustainability, and investing in R&D.
EXPANDING EXPLORATION AND MINING CLAIM DEVELOPMENT
Given the rising demand for battery metals like lithium, cobalt, and nickel, it is crucial Atacama increases its exploration of these key materials. This involves not just expanding our current mining operations, but also exploring new mining sites.
FORMING PARTNERSHIPS
With a steady demand for our mined materials, Atacama will focus on building partnerships with automakers and battery manufacturers. This could involve long-term supply contracts, joint ventures, or even equity investments. These partnerships can provide a reliable market for the mined materials and can also help in understanding the exact needs of the EV market in terms of material specifications, quality, and delivery schedules.
ENHANCING SUSTAINABILITY
Atacama will continue to differentiate itself by adopting and implementing environmentally friendly mining practices. This will be achieved by investing in cleaner technologies, implementing effective waste management systems, and rehabilitating mining sites post-extraction. This will not only help to reduce the environmental footprint, but can also enhance its reputation among stakeholders, including customers, regulators, and the local community.
INVESTING IN R&D
Innovation is key in the mining industry. Atacama understands investing in research and development to identify more efficient extraction methods and to explore potential alternatives to currently mined materials is highly important. Focusing on this will help Atacama stay ahead of industry trends and regulatory changes ensuring its long-term success.