American Lithium.
American Lithium Corp. (OTCQB: LIACF) is an exploration stage company that is actively engaged in the identification, acquisition, exploration for, and development of lithium resources within mining-friendly jurisdictions throughout the Americas. The company holds a 100% interest in the Fish Lake Valley (FLV) project located in Esmeralda County, Nevada.
The FLV consists of over 25,000 acres within the highly prospective Esmeralda Lithium District, located approximately 3.5 hours south of the Tesla Gigafactory, in the same basinal environment as Ablemarle’s Silver Peak Lithium operation and Global Geoscience, Cyprus Minerals, and Noram Ventures lithium clay deposits. LIACF also holds an option to acquire the San Emidio Project, covering an area of 2,240 acres located in Washoe County in Nevada. It also holds 1,550 acres comprising 75 load claims at Tonopah Lithium Claims (TLC), one of the lithium claystone basins located northeast of Tonopah, Nevada. The company was formerly known as Menika Mining Ltd. and changed its name to American Lithium Corp. in April 2016. LIACF was incorporated in 1974 and is based in Vancouver, Canada.
A globally connected society, self-sufficiency, and mobility are emerging among people’s priorities more than ever before. Environmentally-conscious consumers are aware of their reliance on carbon fuels and seek to find alternatives. Policy makers and the private sector are preparing for the inevitable shift in how people use and store energy.
In the wake of this shift, this is the dawn of the “Lithium Age”. The commercialization of the lithium-ion battery in the 1990’s powered a 20- year surge in the telecommunication and computing industries following the rapid development of light, powerful, rechargeable batteries. The emergence of the Electric Vehicle (EV) is based on the same battery technology. Governments are setting carbon emissions targets for the automotive industry whilst also subsidizing EV technology. Beyond traditional demand markets and the emergence of EV, another potential market is beginning to materialize. Battery energy storage on a grid-, industrial-, commercial- and consumer-scale is reaching commercial viability, and rapidly falling battery costs suggest that the Energy Storage sector could grow materially over the next 10 years.
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