North American Mining magazine talks to the cobalt, copper and now lithium expert about his segue from law to mining leadership, the challenges and opportunities for lithium operators and the importance of domestically sourced lithium for North America’s future. Edited by Donna Schmidt Canadian miner American Lithium touts a portfolio that few others can parallel: two lithium projects in the…
Read MoreAmerican Lithium said a maiden Preliminary Economic Assessment (PEA) for the Tonopah Lithium Claims (TLC) project in Nevada has demonstrated its potential to become a substantial, long-life producer of low-cost lithium carbonate with the potential to produce either battery-grade LCE or lithium hydroxide. Completed jointly by DRA Global and Stantec Consulting, the PEA base case envisions an initial 4.4 million…
Read MoreAmerican Lithium has entered into an agreement with Nevada Alaska Mining Co., an arms-length party, to buy back the remaining 1% gross overriding royalty on the miner’s TLC Lithium project, located northwest of Tonopah, Nev. “We are very pleased to have reached this agreement with the royalty holder to buy back this valuable royalty, which also ensures that the company…
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