American Lithium (TSE:LI) has released an update.
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American Lithium Corp. reported substantial advancements in their lithium and uranium projects in their fiscal year, despite challenging market conditions for lithium developers. Highlighting a successful year, the company noted robust economic assessments for its TLC and Falchani lithium projects, with a combined after-tax net present value of approximately US$8.37 billion. American Lithium remains optimistic about the future, with a strategic focus on resource expansion, environmental assessments, and strong financial health marked by a debt-free status.
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