Other Industrial Metals & Mining Industry | Basic Materials Sector | Mr. Alexander Peter Tsakumis BA CEO | XFRA Exchange | CA0272592092 ISIN |
Canada Country | - Employees | - Last Dividend | 1 May 2018 Last Split | - IPO Date |
American Lithium Corp. is a company focused on the exploration and development of mineral properties, specifically targeting lithium and uranium resources within North and South America. Initially known as Menika Mining Ltd., the company underwent a rebranding to American Lithium Corp. in April 2016, reflecting its commitment to lithium exploration and development. Founded in 1974, the company has established its headquarters in Vancouver, Canada, positioning itself as a key player in the resource sector with a particular interest in the burgeoning lithium market, driven by the global shift towards renewable energy and electric vehicles. Through acquiring, exploring, and developing mineral properties, American Lithium Corp. aims to capitalize on the growing demand for lithium, a critical component in rechargeable batteries and other green technologies.
Located in the town of Tonopah, Nevada, the TLC Lithium Project represents one of American Lithium Corp.'s primary focuses in lithium exploration and development. This project is aimed at leveraging Nevada's rich lithium deposits to meet increasing global demand, especially for use in battery technology and renewable energy solutions. The strategic location within the United States aligns with the country's efforts to bolster its domestic lithium production capabilities.
The Falchani Lithium project, situated in Puno, Peru, is another significant initiative by American Lithium Corp. to expand its footprint in the lithium market. This project underlines the company's international approach to lithium exploration, taking advantage of Peru's mineral-rich landscapes to secure a substantial reserve of lithium resources. It represents an extended opportunity for growth and development in South America, where lithium is becoming increasingly important for local and global markets.
In addition to lithium, American Lithium Corp. has diversified its exploration ventures to include uranium through the Macusani Uranium Project, also located in Puno, Peru. This project highlights the company's strategic investment in nuclear energy resources, understanding the role of uranium in supporting diverse energy solutions. By developing this project, American Lithium Corp. not only diversifies its portfolio but also contributes to the sustainable energy mix necessary for a low-carbon future.