American Lithium
American Lithium is a publicly traded mineral exploration and development company advancing three advanced-stage resource projects in the Americas: the TLC claystone lithium deposit in Nevada, the Falchani hard-rock lithium and cesium project in Peru, and the Macusani uranium project in Peru, targeting future offtake sales to battery, EV, and nuclear energy customers.
- Company typePublic
- Founded2016
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What American Lithium does
American Lithium Corp. is a publicly traded mineral exploration and development company (TSX-V: LI; OTCQX: AMLIF; Frankfurt: 5LA1) headquartered in Vancouver, British Columbia, with operations in the United States and Peru. The company is developing three advanced-stage resource projects: the TLC claystone lithium deposit in south-central Nevada (located near Tesla's giga-factory), the Falchani hard-rock lithium project in Peru's Puno region (the 6th largest hard-rock lithium deposit globally and a globally significant cesium resource), and the Macusani uranium project in Peru (the 5th largest undeveloped uranium deposit worldwide). Combined resources total 14.09 MT Li2CO3 Measured & Indicated plus 5.43 MT Inferred for lithium, 51.9 Mlbs U3O8 Indicated plus 72.1 Mlbs Inferred for uranium, and over 436,000 tonnes of cesium Measured & Indicated.
The company's core technology centers on near-surface claystone lithium extraction and hydrometallurgical processing, including sulfuric acid leaching with ICP-AEP protocols. ANSTO laboratory test work has demonstrated production of battery-grade lithium carbonate (>99.5%), saleable mixed cesium sulfate product (~18% Cs), and high-quality sulfate of potash from Falchani, with sulfuric acid consumption reduced by approximately 50% compared to the February 2024 PEA. All three projects have completed Preliminary Economic Assessments (PEAs).
American Lithium is pre-revenue and in the exploration/development stage. Its business model anticipates future revenue from the production and sale of lithium carbonate and related by-products (cesium, potassium) from TLC and Falchani, plus uranium from Macusani, sold through long-term direct offtake agreements with major battery manufacturers, EV producers, nuclear utilities, and specialty chemical companies. The company has historically funded operations through a series of private placements (totaling over $60M since 2016, including a $35M round in 2021), maintains a treasury of approximately C$6M, and is pursuing the spin-out of Macusani into an independent public company to unlock uranium value while targeting 30,000 tonnes per year of LCE production from Falchani by early 2029.
American Lithium firmographics
Firmographics- Name
- American Lithium
- Legal name
- American Lithium Corp.
- Website
- https://americanlithiumcorp.com
- Company type
- Public
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- American Lithium is a publicly traded mineral exploration and development company advancing three advanced-stage resource projects in the Americas: the TLC claystone lithium deposit in Nevada, the Falchani hard-rock lithium and cesium project in Peru, and the Macusani uranium project in Peru, targeting future offtake sales to battery, EV, and nuclear energy customers.
- Ownership category
- akta.pro rank
American Lithium industry classification
Industry- Product category
- Lithium and Uranium Mining
- SIC
- Metal Mining (1000)
- akta.pro primary industry
- Exploration & Resource Development (Critical Minerals) (IMAKAFAL)
- akta.pro secondary industries
- Lithium Mining & Brine Extraction (IMAKAFAA), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA)
Keywords
Where American Lithium is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
American Lithium business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Technology or R&D, Supply Chain, Others
Revenue model
- Lithium production and sales: American Lithium is pre-revenue and in the exploration/development stage. Future revenue is expected to come from the production and sale of lithium carbonate and related by-products (cesium, potassium) from its TLC and Falchani projects. The company targets commencement of production by early 2029 for Falchani (30,000 tonnes per year LCE target).
- Uranium production: Future revenue expected from the Macusani Uranium Project, one of the world's largest undeveloped uranium deposits. The company announced plans to spin out Macusani into an independent public company to unlock value and provide shareholders with leverage to the uranium market.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
American Lithium product offering
Product offeringCore offering
American Lithium is a publicly traded mineral exploration and development company focused on advancing lithium and uranium projects in tier-1 jurisdictions. The company develops the TLC Lithium Project and Falchani Lithium Project in Peru, and the Macusani Uranium Project in Peru and Nevada. It focuses on extracting lithium from claystone-hosted resources and uranium from hard-rock deposits to supply battery and nuclear fuel markets.
Product overview
American Lithium is a mineral exploration and development company developing three advanced-stage resource projects: the TLC claystone lithium project in Nevada (near-surface, Made in America deposit amenable to low-cost mining), the Falchani hard-rock lithium project in Peru (6th largest hard-rock lithium deposit globally, also containing significant cesium resources), and the Macusani uranium project in Peru (the largest undeveloped uranium deposit in Latin America). The company operates in Tier 1 mining-friendly jurisdictions with geographic and geological diversity across North and South America, targeting critical minerals essential to the global energy transition.
Differentiator
Problem solved
Functional benefit
Products and services
- TLC Lithium Project
- Falchani Lithium Project
- Macusani Uranium Project
Quantifiable outcome
- Sulfuric acid consumption reduced by approximately 50% compared to February 2024 PEA
- +2 more outcomes
Companies that use American Lithium
Customer profileSegments2 records
Ideal customer profiles2 records
American Lithium technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
American Lithium partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Defense Industrial Base Consortium (DIBC)strategicAmerican Lithium was accepted as a member of the Defense Industrial Base Consortium, a U.S. Department of Defense collaborative initiative established to strengthen the United States' defense industrial base and critical minerals supply chains. As a member, American Lithium will have the ability to participate in consortium-led programs, receive potential funding opportunities, and engage in federally supported initiatives related to critical materials, resource development, and downstream processing capabilities aligned with U.S. strategic priorities. The DIBC membership reflects the strategic importance of the company's TLC Lithium Project in Nevada for domestic supply chain strength.
Scale indicators7 records
Recent moves7 records
Expansion highlights5 records
American Lithium competitors and assessment
Company assessmentDirect peers
- Lithium Americas: Developer of the Thacker Pass lithium project in Nevada, the most direct North American claystone/sedimentary lithium peer to American Lithium's TLC project; both target battery-grade lithium production in geopolitically aligned U.S. jurisdictions.
- Sigma Lithium: Developer and producer of hard-rock lithium concentrate in Brazil, directly comparable to American Lithium's Falchani hard-rock project in terms of deposit type, processing flowsheet, and lithium offtake economics.
- Piedmont Lithium: Pre-revenue lithium developer with North Carolina and Quebec spodumene assets plus offtake to Tesla; comparable to American Lithium as a development-stage hard-rock lithium company pursuing battery-grade lithium production for EV supply chains.
- Ioneer Ltd: Developer of the Rhyolite Ridge lithium-boron project in Nevada, a direct geographic and geological peer to American Lithium's TLC project; both are pre-revenue lithium developers in the U.S. seeking federal critical minerals support.
- Energy Fuels: U.S.-based uranium and rare earths producer expanding into critical minerals; the most relevant uranium peer for American Lithium's Macusani project given overlapping exposure to nuclear-fuel cycle and critical minerals themes.
Emerging players
- Standard Lithium: Pre-revenue lithium developer focused on direct lithium extraction (DLE) brines in Arkansas; comparable to American Lithium as a development-stage lithium platform pursuing novel processing routes for battery-grade products.
- Denison Mines: Canadian uranium developer with the Wheeler River project in Saskatchewan; comparable as an undeveloped uranium developer pursuing similar permitting and financing pathways as the Macusani spin-out.
Broad incumbents
- Albemarle Corporation: The world's largest lithium producer with diversified brine, hard-rock, and conversion operations; serves as the broad incumbent reference point against which American Lithium's development-stage resource scale and processing approach must be benchmarked.
- SQM (Sociedad Química y Minera de Chile): Major Chilean lithium and specialty chemicals producer with brine-based operations; relevant peer for Falchani given its hard-rock lithium economics and South American operating geography, though much larger and production-stage.
- Arcadium Lithium (Livent): Vertically integrated lithium chemicals producer (now part of Rio Tinto) specializing in battery-grade lithium carbonate and hydroxide; relevant peer for American Lithium's downstream lithium carbonate ambitions and offtake relationships.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights8 records
Customer concentration
American Lithium social profiles
Digital presenceAmerican Lithium financial estimates
Financial estimateRevenue estimate
Valuation estimate
American Lithium leadership team
Management profileNumber of profiles
Profiles5 records
American Lithium subsidiaries and ownership
Company hierarchySubsidiaries2 records
American Lithium funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
American Lithium M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about American Lithium
What does American Lithium do?
American Lithium is a publicly traded mineral exploration and development company focused on advancing lithium and uranium projects in tier-1 jurisdictions. The company develops the TLC Lithium Project and Falchani Lithium Project in Peru, and the Macusani Uranium Project in Peru and Nevada. It focuses on extracting lithium from claystone-hosted resources and uranium from hard-rock deposits to supply battery and nuclear fuel markets.
Is American Lithium a public or private company?
American Lithium is a public company. It is classified as public and is currently operating.
When was American Lithium founded?
American Lithium was founded in 2016. It employs 11 to 50 people.
Where is American Lithium based?
American Lithium is headquartered in Vancouver, Canada, in the North America region.
How does American Lithium make money?
Two revenue lines are on record. Lithium production and sales are the primary driver. The others are uranium production.
Who are American Lithium's main competitors?
Direct peers on record are Lithium Americas, Sigma Lithium, Piedmont Lithium, Ioneer Ltd and Energy Fuels. Emerging players are Standard Lithium and Denison Mines. Broad incumbents are Albemarle Corporation, SQM (Sociedad Química y Minera de Chile) and Arcadium Lithium (Livent).
Does American Lithium have an API?
No public API is recorded for American Lithium.
What industry is American Lithium in?
American Lithium's product category is Lithium and Uranium Mining. Its primary akta.pro industry code is IMAKAFAL, Exploration & Resource Development (Critical Minerals), with a secondary code of IMAKAFAA, Lithium Mining & Brine Extraction. Its SIC code is 1000.