American Lithium announced it has filed an independent National Instrument 43-101 Technical Report on the Preliminary Economic Assessment for the Falchani Lithium Project located in Puno, southwestern Peru Highlights of the PEA were previously announced on January 10, 2024. “We are very pleased to have filed this updated PEA on Falchani, which shows very robust economics for this large-scale, high purity, hard rock project,” stated Simon Clarke, CEO of American Lithium. “This is a major milestone in the process to complete pre-feasibility and move the Project into mine permitting. The filing of the Semi-Detailed Environmental Impact Assessment late last year also positions the Project to be fast-tracked. Falchani has demonstrated the potential for long life, high annual production, with one of the lowest operating cost profiles globally for developers.”
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