Welcome to our dedicated page for American Lithium news (Ticker: AMLIF), a resource for investors and traders seeking the latest updates and insights on American Lithium stock.
American Lithium Corp. develops critical-minerals projects focused on lithium and uranium in the Americas, including the TLC lithium project in Nevada and the Falchani lithium and Macusani uranium projects in Peru. News about AMLIF commonly covers resource and processing updates, water-rights and infrastructure arrangements, project title and concession matters, and potential by-product recovery such as cesium, potassium and rubidium from Falchani mineralization.
Company updates also include governance and capital-market items, including board and executive changes, annual meeting voting results, financing activity and oversight of Peruvian subsidiaries such as Macusani Yellowcake S.A.C. Legal-status updates for Peruvian concessions are a recurring topic because title and administrative records affect the company's project portfolio.
American Lithium (OTCQX:AMLIF) has been accepted into the U.S. Department of Defense’s Defense Industrial Base Consortium (DIBC), a collaborative initiative to strengthen U.S. defense industrial capacity and critical minerals supply chains.
Membership enables participation in consortium programs, potential funding opportunities, and federally supported initiatives tied to its TLC lithium project in Nevada and other assets.
American Lithium (OTCQX:AMLIF) appointed Alex Tsakumis as Chief Executive Officer effective January 29, 2026, after serving as Interim CEO since September 1, 2024 and on the board since 2021. The company also approved cancellation of 1,835,800 stock options effective January 27, 2026.
During Mr. Tsakumis's interim tenure the company completed an oversubscribed financing, enacted stronger corporate governance, streamlined costs, optimized Peru processing flow sheets, secured additional Nevada water rights, and resolved disputed Peruvian assets.
American Lithium (OTCQX:AMLIF) announced it will initiate a spin-out of its Macusani uranium project after final legal resolutions over Peruvian concessions were completed in Dec 2025. The company said Deloitte Mining Technical Advisory and DRA Global were commissioned to update a Mineral Resource Estimate (MRE) and a Preliminary Economic Assessment (PEA), with results expected in Q1 2026. Management cited stronger uranium prices and utility contracting as drivers for a stand-alone uranium company to unlock asset value. The spin-out is in planning and remains subject to tax, corporate and securities structuring, definitive documentation, and any required shareholder and regulatory approvals.
American Lithium (OTCQX:AMLIF) announced that Peru's Sixth Permanent Court of Lima issued Resolution No. 24, definitively restoring ownership and legal security of 32 mining concessions to its Peruvian subsidiary Macusani Yellowcake S.A.C.
The ruling declared cassation appeals by INGEMMET and the Ministry of Energy and Mines inadmissible, exhausts appeals, and moves the matter to judgment enforcement. INGEMMET must issue an administrative resolution and register the concessions in SUNARP within 30 days, or face fines; the Court also required identification of the responsible official.
American Lithium (OTCQX:AMLIF) reported results of its Annual General Meeting held on November 26, 2025 in Vancouver. All six director nominees were elected, each receiving majority support (examples: Andrew Bowering 98.77% for, Claudia Tornquist 93.26% for).
Shareholders also approved fixing the board size at six (97.72% for), the appointment of Davidson & Company LLP as auditor (97.46% for), and the re-approval of the omnibus incentive plan (97.02% for). The company reiterated its focus on the TLC lithium project (Nevada), Falchani lithium (Peru) and Macusani uranium (Peru).
American Lithium (OTCQX:AMLIF) reports Falchani contains a globally significant cesium resource within its lithium resource base and announced processing optimization results and pilot plant preparations.
Key facts: Measured 43,539 t Cs; Indicated 392,742 t Cs; Inferred 393,668 t Cs (effective Oct 30, 2023). Test work produced a saleable mixed cesium sulfate (~18% Cs) and high‑purity SOP (45% K). Process improvements: Li recovery ~88%, Cs recovery ~85% with 50% acid recycle; sulfuric acid consumption reduced to ~240 kg/t (~50% lower vs Feb 2024 PEA). Pilot plant equipment testing is underway and pilot operations are expected within a few months.
American Lithium (OTCQX:AMLIF) has secured a crucial Water Reservation Agreement with Tonopah Public Utilities for its TLC Project in Nevada. The agreement reserves 900-1,250 gallons per minute of water supply for Phase 2 operations, complementing existing water rights for Phase 1.
The agreement includes a $200,000 initial payment to benefit Tonopah's infrastructure and education, with a 3-year initial term extendable for up to 7 additional years at $50,000 per year. The TLC Project aims to produce 24,000 tonnes of lithium carbonate equivalent (LCE) annually in Phase 1, expanding to 48,000 tonnes in Phase 2, positioning it among the largest potential lithium operations in the United States.
American Lithium (OTCQX:AMLIF) has secured a decisive legal victory in Peru as the Supreme Court rejected petitions filed by INGEMMET and MINEM regarding the ownership of 32 disputed mining concessions. The Constitutional and Social Law Chamber unanimously ruled against the plaintiffs, deeming their petition unfair, inadmissible, and unacceptable.
This ruling marks the end of a seven-year legal process and confirms Macusani Yellowcake S.A.C., the Company's Peruvian subsidiary, as the rightful owner of the concessions. The Company maintained throughout that it never lost title to these properties. American Lithium can now focus on developing its portfolio, which includes two of the world's largest advanced-stage lithium projects and Latin America's largest undeveloped uranium project.
American Lithium Corp (AMLIF) has announced the passing of Carsten Korch, an Independent Director and Audit Committee member who served on the Board since October 2022. Based in Peru, Korch brought over 30 years of entrepreneurial experience and played a crucial role in guiding the company's strategic initiatives in South America.
The company, which is developing two major lithium projects - the TLC claystone project in Nevada and the Falchani hard rock project in Peru - along with Latin America's largest undeveloped uranium project (Macusani), acknowledged Korch's significant contributions to their corporate governance and project advancement. Interim CEO Alex Tsakumis and Chairman Andrew Bowering both emphasized Korch's dedication to sustainable development and his impact on the organization.
American Lithium Corp has announced an updated Mineral Resource Estimate (MRE) for its Tonopah Lithium Claims (TLC) project in Nevada. The update shows a significant 47% increase in Measured Resources to 6.17 Mt of Lithium Carbonate Equivalent (LCE), based on 44 additional drill holes since January 2023.
Key resource changes include:
- Measured Resource: 6.17 Mt LCE (1,365 Mt @ 849 ppm Li)
- Indicated Resource: 2.39 Mt LCE (553 Mt @ 808 ppm Li), down 48%
- Measured + Indicated Resource: 8.56 Mt LCE (1,918 Mt @ 839 ppm Li), down 3%
- Inferred Resource: 1.44 Mt LCE (345 Mt @ 780 ppm Li), down 22%
The resource block model has been refined, increasing confidence in the TLC resource, with the majority of resources used in the 2024 PEA Mine Plan now within the more reliable Measured Resource footprint.