American Lithium Corp.A
American Lithium Corp. (TSXV: LI, Nasdaq: AMLI) is a dual-flagship lithium developer with two advanced projects: the TLC Project (Esmeralda lithium district, Nye County, Nevada -- a near-surface claystone deposit) and the Falchani Project (Puno, southern Peru -- the 6th largest hard-rock lithium deposit in the world by the company's own description). TLC's independent NI 43-101 PEA (filed Mar 2023, completed by DRA Global/Stantec) reported a base-case after-tax NPV8% of US$3.26 billion and after-tax IRR of 27.5%. Falchani's updated NI 43-101 PEA (filed Jan 2024, on a resource base that had grown 476% to 5.53Mt LCE Measured & Indicated) reported an after-tax NPV8% of US$5.11 billion and IRR of 32.0%, with a base case of 32 years of mining plus 11 years of stockpile processing. In May 2026 the company was accepted into the U.S. Department of Defense's Defense Industrial Base Consortium.
Notable vs. Peers
- Trading within 0% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Combined view across 2 projects. Figures below are only combined where the underlying basis genuinely matches -- see the notes under each.
- 27.5%TLC Project
- 32%Falchani Project
Jurisdiction (40%)9/10
Nevada: Fraser PPI 2025 is 100.00 of 100 (rank 1 of 68), which maps to 9 on this site's scale. American Lithium has two lead lithium projects. The TLC claystone project in Esmeralda County, Nevada, USA, which the company lists first, sets this score: Nevada is a top-tier mining jurisdiction, scored 9 like the other Nevada companies on this site. The Falchani lithium and Macusani uranium projects in Puno, southern Peru, carry moderate permitting, community-relations and political-continuity risk (most Peruvian companies on this site score 5 or 6), which this single flagship-based score does not capture.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at TLC Project (checked Oct 1, 2026; recheck due Mar 30, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:6/10
Stage: Preliminary Economic Assessment
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:2/10
Primary commodity: Other
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Interim Chief Executive Officer of American Lithium Corp. Public-markets specialist with 30+ years in the mineral-resource industry; board member since 2022; prior senior roles at Prime Mining Corp., Alio Gold/Timmins Gold, and Orko Silver.
Appointed CFO effective 7 Aug 2025, succeeding Paul Charlish; 15+ years of financial-reporting, budgeting, and cost-analysis experience; joined American Lithium in Oct 2024 as Controller after VP Finance roles at two publicly listed Canadian mining companies.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
American Lithium has two lithium projects at the preliminary economic assessment stage, the TLC claystone project in Nevada's Esmeralda lithium district and the Falchani hard-rock lithium project in Puno, southern Peru, and it also holds the Macusani uranium project in Peru. TLC's 2023 preliminary economic assessment shows an after-tax NPV8% of US$3.26B and a 27.5% IRR in its base case. Falchani's updated January 2024 preliminary economic assessment, on a resource that grew to 5.53 Mt of lithium carbonate equivalent in the measured and indicated categories, shows an after-tax NPV8% of US$5.11B and a 32% IRR at US$22,500/t LCE. In June 2026 Peru's government declared uranium and lithium to be of national importance, a decision the company says is directly material to Falchani and Macusani.