Technical FAQs 4

Why is American lithium advancing its Falchani Lithium Project in Peru?

American Lithium Corp. is advancing its Falchani lithium project in Peru towards production to capitalize on surging lithium demand. A recent resource update positions Falchani among the world's largest hard rock lithium deposits.

How much lithium is being mined in Peru?

Initial production is targeted at 24,000 tonnes per year LCE. Exploration continues to reveal huge upside potential in Peru, with a new discovery at Quelcaya of over 250 meters of high-grade lithium mineralization. American Lithium is focused on advancing large-scale lithium projects in mining-friendly jurisdictions in the Americas.

Does American lithium have a future in Peru?

Beyond Falchani, American Lithium has only begun to tap the potential of its extensive land holdings in Peru. In September 2023, the company discovered a new high-grade lithium zone called Quelcaya just 20km from Falchani.

Is Peru a lithium producer?

Peru is not currently a lithium producer. However, the various prospecting projects underway in the Puno region offer a potentially promising future, given the high global demand for this product as a raw material, mainly for the manufacture of batteries.

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Lithium power station factory in Peru

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