American Lithium (TSE:LI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
American Lithium Corp. has announced a significant increase in the projected after-tax Net Present Value (NPV) of its Falchani Lithium Project in Peru, with a tripled NPV of US$5.11 billion compared to the 2019 estimate. The updated Preliminary Economic Assessment (PEA) predicts a low-cost, long-life operation with high annual production and one of the lowest operating costs among global lithium developers. Additionally, the project demonstrates potential for by-product production, enhancing its economic outlook.
For further insights into TSE:LI stock, check out TipRanks’ Stock Analysis page.