Jefferies names their top EV picks in China

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Updated PEA for Falchani Highlights Robust Economics After-tax NPV8% Triples to US$5.11 Billion, IRR 32.0% and Low Opex $5,093/t LCE

January 10, 2024 7:00 AM EST

VANCOUVER, British Columbia, Jan. 10, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. (American Lithium or the Company) (TSX-V:LI | NASDAQ:AMLI | Frankfurt: 5LA1) is pleased to announce the results of its updated Preliminary Economic Assessment (PEA) for the Falchani Lithium (Falchani) project located in Puno, southwestern Peru. This independent, updated PEA was completed by DRA Global following the updated mineral resource estimate recently completed by Stantec Consulting Services Ltd. (Stantec - see news release dated December 15, 2023).

The updated PEA demonstrates that with low initial capex, the Falchani project has the potential to become a substantial,... More