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American Lithium Corp. - AMLI STOCK NEWS

Welcome to our dedicated page for American Lithium news (Ticker: AMLI), a resource for investors and traders seeking the latest updates and insights on American Lithium stock.

American Lithium Corp. (NASDAQ: AMLI) is an exploration-stage company focused on the identification, acquisition, and development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas. The company is at the forefront of the new energy paradigm, driven by the global transition to sustainable energy sources.

American Lithium’s core projects include the TLC Lithium project in Nevada, the Falchani Lithium project in Peru, and the Macusani Uranium project, also in Peru. Each of these projects is strategically located, ensuring access to rich mineral deposits and supportive local communities.

TLC Lithium Project

The TLC Lithium project is situated in the Esmeralda lithium district in Nevada. It is one of the largest lithium claystone deposits in the United States. The project has shown robust economics with a Measured and Indicated (M&I) resource of 8.83 million tonnes of Lithium Carbonate Equivalent (LCE). The TLC project is advancing through pre-feasibility with promising results on lithium purity and economic potential.

Falchani Lithium Project

The Falchani Lithium project in Southern Peru has recently completed a significant milestone by filing the Semi-Detailed Environmental Impact Assessment Study (EIA-sd). This project has exhibited a remarkable 476% increase in Measured and Indicated Resources, totaling 5.53 million tonnes of LCE. The updated Preliminary Economic Assessment (PEA) highlighted an after-tax NPV of $5.11 billion and an internal rate of return (IRR) of 32%, positioning it as a substantial, low-cost, long-life producer of high-purity lithium carbonate.

Macusani Uranium Project

The Macusani Uranium project is located in southeastern Peru. It is one of the largest pre-construction uranium projects globally, with potential for significant growth. The project is currently navigating through administrative and judicial processes to solidify its title over the concessions, with recent court rulings strongly favoring American Lithium’s claims.

American Lithium’s strategic partnerships and ongoing projects highlight its commitment to advancing sustainable energy solutions. The company’s latest achievements include the expansion of the resource footprint at the TLC project, commencement of mine permitting at Falchani, and significant progress in community-focused initiatives such as solar electrification programs in Peru. These efforts underscore American Lithium’s objective to drive the energy revolution while ensuring community well-being and environmental stewardship.

For more information, visit www.americanlithiumcorp.com or connect with American Lithium on Facebook, Twitter, and LinkedIn.

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American Lithium Corp. announces positive results from the Falchani Lithium Project in Peru, showcasing strong economics and potential for long-term production of high purity Lithium Carbonate alongside by-products.
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American Lithium Corp. provides financial and operating highlights for the third quarter ended November 30, 2023, including a 476% increase in Measured and Indicated Resources at Falchani, a unanimous ruling in Peru in favor of the Company's subsidiary, a new lithium discovery in Peru, and robust economics for the Falchani project. Financial data shows a loss and comprehensive loss of $11,169,972, a significant decrease from the previous year, and a substantial decrease in total assets from February 28, 2023.
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American Lithium Corp. (LI | AMLI | 5LA1) announces updated PEA for Falchani Lithium project in Peru, showcasing potential for high purity Lithium Carbonate production with low initial capex and robust economics.
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American Lithium Corp. (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) faces legal challenges in Peru as INGEMMET and MINEM file petitions to the Supreme Court to assume jurisdiction in the proceedings relating to the title of 32 disputed concessions out of a total of 174 owned by the Company's subsidiary, Macusani Yellowcake.
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American Lithium Corp. (LI | AMLI | 5LA1) announces a 476% increase in Measured + Indicated Resource for the Falchani Lithium Project in Peru. The updated MRE by Stantec Consulting Services Inc. shows an increase from previous 2019 MRE. CEO Simon Clarke states that the increase in resource feeds directly into the updated PEA on Falchani, currently being finalized.
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American Lithium Corp. (LI | AMLI | 5LA1) announces results from 14 step out drill holes expanding the measured resource footprint at the Tonopah Lithium Project in Nevada. The company has appointed SRK Consulting (U.S.) Inc. and Nexus Environmental Consultants Inc. to support mine permitting applications. The drill results demonstrate continued expansion of TLC lithium deposit and continuity with significant intervals of claystone Lithium mineralization, with a total of 26 diamond core holes and 16 Reverse Circulation holes drilled in 2022 and 2023. The company is making excellent progress at TLC, with early work commenced to support mine permitting applications following the completion of the pre-feasibility and associated study in H2, 2024.
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American Lithium Corp. (LI | AMLI | 5LA1) engages Davidson & Company LLP as auditor for the 2024 fiscal year, replacing Ernst & Young LLP. The Company is focused on developing large-scale lithium projects in the Americas, with a strong community support and significant expansion potential.
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American Lithium Corp. (LI | AMLI | 5LA1) completes and submits the Semi-Detailed Environmental Impact Assessment Study for the Falchani Lithium Project in Southern Peru to the Ministry of Energy and Mines. The filing was achieved ahead of schedule, and regulatory approval is anticipated in the coming months. The study provides a framework for approval of all major phases required to finalize the development of Falchani and enables fast-tracking of full permits for building the mine, processing facilities, and tailings disposal. The completion of the Final EIA Study will enable the move to production at Falchani.
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American Lithium Corp. (TSX-V:LI | NASDAQ:AMLI | Frankfurt:5LA1) reports voting results for its Annual and Special Meeting of Shareholders. All nominees for the Board of Directors were elected. Shareholders also approved the appointment of Ernst & Young LLP as auditor and the Company's amended omnibus incentive plan. Detailed results and further information are available on SEDAR+.
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American Lithium Corp. (TSX-V:LI | NASDAQ:AMLI | Frankfurt:5LA1) receives unanimous ruling from Peru’s Superior Court SALA 4 in favor of its subsidiary, Macusani Yellowcake, validating ownership of 32 disputed concessions. The ruling also denounces the baseless actions of INGEMMET and MINEM, providing a boost to the Company's Falchani project.
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FAQ

What is the current stock price of American Lithium (AMLI)?

The current stock price of American Lithium (AMLI) is $0.702 as of November 20, 2024.

What is the market cap of American Lithium (AMLI)?

The market cap of American Lithium (AMLI) is approximately 153.5M.

What projects is American Lithium Corp. currently focused on?

American Lithium Corp. focuses on the TLC Lithium project in Nevada, the Falchani Lithium project in Peru, and the Macusani Uranium project in Peru.

What recent achievements has American Lithium made?

Recent achievements include completing the Semi-Detailed Environmental Impact Assessment Study for the Falchani project, expanding the resource footprint at the TLC project, and starting mine permitting at Falchani.

What is the significance of the TLC Lithium project?

The TLC Lithium project is one of the largest lithium claystone deposits in the United States and has shown robust economics with a significant M&I resource.

What are the key highlights of the Falchani Lithium project?

The Falchani project has shown a 476% increase in M&I Resources, with an after-tax NPV of $5.11 billion and an IRR of 32%, indicating its potential as a low-cost, long-life producer of high-purity lithium carbonate.

What is the status of the Macusani Uranium project?

The Macusani Uranium project is undergoing administrative and judicial processes to confirm title over its concessions. Recent court rulings have strongly favored American Lithium’s claims.

How is American Lithium contributing to community development?

American Lithium is involved in community initiatives such as a solar electrification program in Peru, benefiting local communities by providing electricity to remote homes.

What are the environmental initiatives taken by American Lithium?

American Lithium has submitted the Semi-Detailed Environmental Impact Assessment Study for the Falchani project, which is a significant step towards mine permitting and ensuring environmentally sustainable development.

What is the financial condition of American Lithium Corp.?

As of the latest update, American Lithium has cash and equivalents of $11.89 million and no debt, positioning it well for ongoing and future projects.

How does American Lithium plan to achieve its operational goals?

American Lithium aims to advance its projects through pre-feasibility studies, securing environmental permits, expanding resource footprints, and maintaining strong community and stakeholder relations.

Where can I find more information about American Lithium Corp.?

More information can be found on American Lithium’s website at www.americanlithiumcorp.com or through their social media channels on Facebook, Twitter, and LinkedIn.

American Lithium Corp.

Nasdaq:AMLI

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153.54M
196.95M
9.56%
7.76%
0.55%
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