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COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Offsetting Assets [Line Items] |
SCHEDULE OF INVENTORIES | Inventories as of September 30, 2025, and December 31, 2024, are comprised of the following: SCHEDULE OF INVENTORIES
|  | September 30, 2025 |  |  | December 31, 2024 |
Materials and supplies |  | $ | 468,815 |  |  | $ | 321,086 |
Quartzite blocks and slabs |  |  | 51,102 |  |  |  | 171,726 |
Total |  | $ | 519,917 |  |  | $ | 492,812 |
SCHEDULE OF PROPERTY AND EQUIPMENT | The following table sets forth the components of the Company’s property and equipment as of September 30, 2025 and December 31, 2024: SCHEDULE OF PROPERTY AND EQUIPMENT
|  | September 30, 2025 |  |  | December 31, 2024 |
|  |  |  |  | Accumulated |  |  | Net Book |  |  |  |  |  | Accumulated |  |  | Net Book |
|  | Cost |  |  | Depreciation |  |  | Value |  |  | Cost |  |  | Depreciation |  |  | Value |
Capital assets subject to depreciation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Computers and office equipment |  | $ | 29,537 |  |  | $ | (4,298 | ) |  | $ | 25,239 |  |  | $ | 10,616 |  |  | $ | (165 | ) |  | $ | 10,451 |
Machinery and equipment |  |  | 206,387 |  |  |  | (20,092 | ) |  |  | 186,295 |  |  |  | 184,824 |  |  |  | (4,024 | ) |  |  | 180,800 |
Facilities |  |  | 16,891 |  |  |  | (1,490 | ) |  |  | 15,401 |  |  |  | 14,508 |  |  |  | (191 | ) |  |  | 14,317 |
Land |  |  | 4,345,100 |  |  |  | - |  |  |  | 4,345,100 |  |  |  | 4,144,470 |  |  |  | - |  |  |  | 4,144,470 |
Capital work in progress |  |  | 29,129,030 |  |  |  | - |  |  |  | 29,129,030 |  |  |  | 23,449,896 |  |  |  | - |  |  |  | 23,449,896 |
Mining Rights |  |  | 6,763,086 |  |  |  | - |  |  |  | 6,763,086 |  |  |  | 6,558,161 |  |  |  | - |  |  |  | 6,558,161 |
Exploration costs |  |  | 6,484,888 |  |  |  | - |  |  |  | 6,484,888 |  |  |  | 4,496,976 |  |  |  | - |  |  |  | 4,496,976 |
Total fixed assets |  | $ | 46,974,919 |  |  | $ | (25,880 | ) |  | $ | 46,949,039 |  |  | $ | 38,859,451 |  |  | $ | (4,381 | ) |  | $ | 38,855,071 |
SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES | Accounts Payable and Accrued Expenses SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
|  | September 30, 2025 |  |  | December 31, 2024 |
Trade payables |  | $ | 5,009,709 |  |  | $ | 4,779,903 |
Payroll and social charges |  |  | 743,031 |  |  |  | 157,191 |
Taxes payable |  |  | 176,749 |  |  |  | 64,570 |
Total |  | $ | 5,929,489 |  |  | $ | 5,001,664 |
SCHEDULE OF OPERATING LEASE LIABILITY | SCHEDULE OF OPERATING LEASE LIABILITY
Lease liabilities at December 31, 2024 |  | $ | 447,218 |
Increase/Decrease |  |  | 62,677 |
Unwinding of lease liabilities |  |  | 22,598 |
Lease payments |  |  | (139,312 | )
Foreign exchange |  |  | 70,736 |
Lease liabilities at September 30, 2025 |  |  | 463,917 |
Current portion |  |  | 163,781 |
Non-current portion |  | $ | 300,136 |
SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS | The maturity of the lease liabilities (contractual undiscounted cash flows) is presented in the table below: SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS
Less than one year |  | $ | 188,399 |
Year 2 |  |  | 155,914 |
Year 3 |  |  | 95,971 |
Year 4 |  |  | 71,978 |
Total contractual undiscounted cash flows |  | $ | 512,262 |
SCHEDULE OF CONVERTIBLE DEBT | SCHEDULE OF CONVERTIBLE DEBT
|  | September 30, 2025 |  |  | December 31, 2024 |
Due to Nanyang Investment Management Pte Ltd |  | $ | 6,078,794 |  |  | $ | 5,933,866 |
Due to Nicholas James Rowley |  |  | 2,026,288 |  |  |  | 1,977,979 |
Due to Modha Reena Bhasker |  |  | 1,013,132 |  |  |  | 988,978 |
Due to Clipper Group Limited |  |  | 1,013,133 |  |  |  | 988,978 |
Total convertible debt |  | $ | 10,131,347 |  |  | $ | 9,889,801 |
Current portion |  |  | 245,754 |  |  |  | 81,918 |
Non-current portion |  | $ | 9,885,593 |  |  | $ | 9,807,883 |
SCHEDULE OF DERIVATIVE LIABILITIES | SCHEDULE OF DERIVATIVE LIABILITIES
|  | September 30, 2025 |  |  | December 31, 2024 |
Derivative assets |  |  |  |  |  |  |  |
Derivative assets - Non-Deliverable Forward |  | $ | 419,420 |  |  | $ | - |
Total derivative assets |  |  | 419,420 |  |  |  | - |
Derivative liabilities |  |  |  |  |  |  |  |
Derivative liability – conversion feature on the convertible debt |  |  | 10,383 |  |  |  | 66,310 |
Derivative liability – restricted stock awards |  |  | 22,199 |  |  |  | 121,512 |
Derivative liability - Non-Deliverable Forward |  |  | - |  |  |  | 274,816 |
Total derivative liabilities |  | $ | 32,582 |  |  | $ | 462,638 |
SCHEDULE OF FAIR VALUE EMBEDDED CONVERSION PRICING MODEL ASSUMPTION | SCHEDULE OF WARRANT ASSUMPTION
|  | September 30, 2025 |
Expected volatility |  |  | 85.43% - 85.43% |
Risk-free interest rate |  |  | 4.54% - 4.54% |
Stock price on date of grant |  | $ | 6.45 - $6.45 |
Dividend yield |  |  | 0.00 | %
Expected term |  |  | 2 years |
SCHEDULE OF NON DELIVERABLE FORWARD EXCHANGE CONTRACTS | The following table summarizes the non-deliverable forward foreign exchange contracts that remain open as of September 30, 2025: SCHEDULE OF NON DELIVERABLE FORWARD EXCHANGE CONTRACTS
|  | Dates Entered |  | Derivative Financial |  | Total Notional |  |  | FX rate |  |  | Total Notional |  |  | Settlement
Subsidiary |  | Into |  | Instrument |  | Amounts (USD) |  |  | (BRL/USD) |  |  | Amounts (BRL) |  |  | Dates (Range)
Atlas Litio Brasil Ltda |  | April, 2025 |  | Forward foreign exchange contracts (USD/BRL) |  | $ | 2,750,000 |  |  |  | 6.27 |  |  |  | 17,247,125 |  |  | 30-Sep-2025 - 15-Mar-2026
Embedded Derivative Financial Instruments [Member] |
Offsetting Assets [Line Items] |
SCHEDULE OF FAIR VALUE EMBEDDED CONVERSION PRICING MODEL ASSUMPTION | At December 31, 2024, the fair value of the embedded conversion feature was determined to be $66,310 using a Black-Scholes collar option pricing model with the following assumptions: SCHEDULE OF FAIR VALUE EMBEDDED CONVERSION PRICING MODEL ASSUMPTION
|  | Value cap |  |  | Value floor |
Measurement date |  | December 31, 2024 |  |  | December 31, 2024 |
Shares to be issued in case of conversion |  |  | 354,297 |  |  |  | 354,297 |
Stock price at fair value measurement date |  | $ | 6.330 |  |  | $ | 6.330 |
Conversion price |  | $ | 28.2250 |  |  | $ | 35.2813 |
Expected volatility |  |  | 115.64 | % |  |  | 115.64 | %
Risk-free interest rate |  |  | 4.25 | % |  |  | 4.25 | %
Dividend yield |  |  | 0.00 | % |  |  | 0.00 | %
Expected term (years) |  |  | 1.85 |  |  |  | 1.85 |
At September 30, 2025, the fair value of the embedded conversion feature was determined to be $10,383 using a Black-Scholes collar option pricing model with the following assumptions:
|  | Value cap |  |  | Value floor |
Measurement date |  | September 30, 2025 |  |  | September 30, 2025 |
Shares to be issued in case of conversion |  |  | 354,297 |  |  |  | 354,297 |
Stock price at fair value measurement date |  | $ | 4.760 |  |  | $ | 4.760 |
Conversion price |  | $ | 28.225 |  |  | $ | 35.281 |
Expected volatility |  |  | 83.916 | % |  |  | 83.916 | %
Risk-free interest rate |  |  | 3.68 | % |  |  | 3.68 | %
Dividend yield |  |  | 0 | % |  |  | 0 | %
Expected term (years) |  |  | 1.10 |  |  |  | 1.10 |

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