American Critical Minerals Corp Solidifies Position in Potash and Lithium Exploration with Strategic Developments

New Tech Lithium Corp ( (TSE:KCLI) ) has shared an announcement.

American Critical Minerals Corp has received significant approvals for its Green River Project in Utah, which include Federal Potash Prospecting Permits and authorization for exploratory drilling. This positions the company as a key player in one of the world’s eight designated Potash Super Basins and a potential major domestic source of lithium. The company’s recent rebranding and symbol change reflect its expanded focus on critical minerals, with strengthened capital structure and enhanced prospects in lithium brines, suggesting a strategic alignment with the increasing demand for these resources.

More about New Tech Lithium Corp

American Critical Minerals Corp, previously known as American Potash Corp, operates within the critical minerals industry. The company focuses primarily on the exploration and development of potash and lithium resources, particularly within the Green River Project in the Paradox Basin, Utah. They hold permits for potash and lithium exploration and are working towards securing supply chain independence for these critical minerals in the United States.

YTD Price Performance: -13.04%

Average Trading Volume: 22,817

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$10.97M

For detailed information about KCLI stock, go to TipRanks’ Stock Analysis page.