Interview with Simon Clarke, CEO & Director of American Lithium Corp.

Our previous interview: https://www.cruxinvestor.com/posts/am...

Recording date: 6th March 2024

American Lithium is an emerging lithium exploration and development company with a robust portfolio of high-quality assets in the Americas. The company's primary focus is on advancing its two flagship lithium projects: the TLC lithium claystone project in Nevada and the Falchani hard rock lithium project in Peru. With a strong management team, conventional mining and processing strategies, and exposure to the booming lithium market, American Lithium represents a compelling investment opportunity.

The global lithium market is experiencing unprecedented growth, driven by the rapid adoption of electric vehicles and the increasing demand for energy storage solutions. Despite recent volatility in lithium prices, the long-term fundamentals remain exceptionally strong. Experts predict that lithium demand will grow at a CAGR of over 20% through 2030, requiring a significant increase in global supply. American Lithium is well-positioned to capitalize on this growing demand with its advanced-stage projects and strategic investments.

At the TLC project in Nevada, American Lithium is focused on developing a large-scale sedimentary lithium deposit using conventional processing methods. The company is working to optimize its flowsheet, aiming to reduce acid consumption and incorporate by-product credits such as potassium sulfate and cesium. The TLC project benefits from its location in a mining-friendly jurisdiction with access to key infrastructure and talent.

In Peru, American Lithium is advancing the Falchani hard rock lithium project, which boasts an impressive resource and favorable economics. A recently updated Preliminary Economic Assessment (PEA) demonstrates strong project potential, with after-tax NPV8 of $5.11 billion at $22,500/t LCE. The company plans to complete a Pre-Feasibility Study (PFS) for Falchani in 2024 while conducting pilot plant testing. With its Environmental Impact Assessment already filed, American Lithium is well on its way to potentially making a construction decision by the end of 2024.

American Lithium's management team has a proven track record of advancing projects and creating shareholder value. Investors in American Lithium can also gain exposure to the uranium market through the company's Macusani uranium project in Peru. Although the company delayed its planned spin-out of the asset due to unfavorable market conditions, the updated PEA highlights the project's potential as a long-life, low-cost uranium mine. As market sentiment improves, American Lithium plans to seek a separate listing for the uranium asset, unlocking additional value for shareholders.

As the company continues to achieve key milestones and advance its projects through the development pipeline, there is substantial potential for share price appreciation. For investors seeking exposure to the high-growth lithium market, American Lithium presents a unique opportunity to invest in a company with world-class assets, a focused strategy, and a compelling valuation.

View American Lithium's company profile: https://www.cruxinvestor.com/companie...

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