American Lithium begins environmental work for the prefeasibility study in Fa...

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In 2017, the Canadian mining company Plateau Energy carried out different explorations with the aim of finding uranium in the southeast of Peru. However, they not only found deposits of uranium, but they also found deposits, and to a greater extent, of lithium. It is the first lithium and uranium deposit in the world, and 5 years after its discovery, its exploitation has not yet begun. This event is due, in part, to the complexity of the process involved in the separation of both minerals. Falchani Field, located in Puno, border region with Bolivia and Brazil, at 4,300 meters above sea level.

The company American Lithium Corp. absorbed Slovenia Email List Plateau Energy, controlling the recently reported lithium and uranium deposits in Peru, and becoming the promoter of lithium exploitation in this part of the country. The directors of the mining company met with the current president, Pedro Castillo, to reaffirm the government's position regarding nationalizing its mining sector, and assured that "there are no plans to nationalize or expropriate said sector, and that what it seeks is development." economic of the country, as long as the standards for the protection of people and the environment are respected.



Already in 2022, American Lithium Corp. has announced the beginning of the environmental work required for a pre-feasibility study at the Falchani Lithium lithium project (located in the Puno region, on the southern side of the Peruvian Andes)with the initiation of an Environmental Impact Study (“EIA”) by the company SRK Perú . This project has an investment of 587 million dollars. “We are very pleased to be able to begin the next phase of work at Falchani and specifically to formally begin pre-feasibility work with the launch of environmental and hydrological work with SRK and EDASI.