{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"American Lithium (TSXV:LI) - Advancing Peru Assets as Global Demand Heats Up","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/4bcaecb0\"></iframe>","width":"100%","height":180,"duration":1590,"description":"Interview with Simon Clarke, CEO & Director of American Lithium CorpOur previous interview: https://www.cruxinvestor.com/posts/american-lithium-tsx-vli-ruling-clears-path-for-lithium-uranium-assets-4462Recording date: 9th January 2024American Lithium Corp provided investors an update on recent progress for both its Falchani lithium project and Macusani uranium project in Peru. As electric vehicle and battery markets boom globally, American Lithium aims to establish itself as a premier supplier of the critical raw materials needed to feed this growth.The company continues working to capitalize on strong lithium market conditions by advancing Falchani towards a 2025 targeted production start. Meanwhile, American Lithium believes Macusani has reached sufficient scale to support a standalone uranium developer company and plans are underway to spin out the asset.Falchani Economics Solidify Position as Global LeaderAn updated Preliminary Economic Assessment (PEA) for the Falchani lithium deposit shows substantially improved economics compared to the previous study. The NPV has more than tripled to $5.1 billion on an after-tax basis, assuming production of lithium carbonate. The company remains on track to deliver a Pre-Feasibility Study (PFS) by end of Q2 2024 as the next step towards potential development.Importantly, the improved economics are driven by optimization of the processing flow sheet and operating parameters rather than just inflated resource estimates. Initial capex is estimated at $681 million for the 23,000 tpa Phase 1 lithium carbonate project. Critically, operating costs remain exceptionally low versus lithium peers at just over $5,000 per tonne.The company continues permitting discussions with the Peruvian government, targeting a 2025 final investment decision for potential project development and mine construction. Additional drilling is likely to further expand resources after recent strong results.Uranium Spinout Unlocks Hidden ValueAt the...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}