American Lithium Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Simon Patrick Clarke
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 1030 West Georgia Street Vancouver BC Canada V6E 2Y3
- IPO Date
- Mar 9, 2016
- CIK
- 0001699880
- Website
- americanlithiumcorp.com
- Similar Companies
- Business
- American Lithium Corp. (TSX-V: LI | OTCQX: AMLIF | Frankfurt: 5LA1) engages in the acquisition, exploration, and development of mineral properties focused on lithium and uranium deposits in mining-friendly jurisdictions. The company develops advanced-stage projects including the TLC claystone lithium project in Nevada, United States, which hosts measured and indicated resources of 8.56 million tonnes of lithium carbonate equivalent (LCE) amenable to low-cost open-pit mining and processing into battery-grade lithium carbonate and potential magnesium sulfate by-products; the Falchani hard-rock lithium project in southeastern Peru, recognized as the sixth-largest globally with measured and indicated resources exceeding 18 million tonnes LCE plus significant cesium resources, supporting scalable production of battery-grade lithium carbonate over a 32-year mine life; and the adjacent Macusani uranium project in Peru, one of the world's largest undeveloped uranium deposits with measured, indicated, and inferred resources positioning it for future development amid rising uranium demand.[web:fetch:2] Founded in 1974 and headquartered in Vancouver, British Columbia, Canada, the company operates primarily in the United States and Peru, targeting battery metals for the electric vehicle and energy storage sectors with a strong emphasis on environmental, social, and governance (ESG) practices, including no impacts on endangered species at TLC and secured water rights. Recent developments include an updated mineral resource estimate for the TLC project in February 2025 increasing measured resources by 47%; a binding water reservation agreement with Tonopah Public Utilities and the Town of Tonopah in Nevada for TLC operations in September 2025; confirmation of a globally significant cesium resource exceeding 400,000 tonnes (measured and indicated) within the Falchani deposit alongside lithium processing optimizations in October 2025; definitive legal security for 32 mining concessions at Macusani affirmed by Peruvian court resolution in December 2025; transition to OTCQX trading under AMLIF in December 2024 following voluntary delisting from Nasdaq; and upsizing of a private placement financing in April 2025 to support ongoing advancement.
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