en.Wedoany.com Reported - American Lithium Corporation welcomes the official issuance of a Supreme Decree by the Peruvian government declaring uranium and lithium as matters of national importance, with plans to hold an international forum in July. The company is listed on the TSX Venture Exchange (TSX-V).
The inaugural forum, themed "Uranium and Lithium: Pillars of Energy Leadership for Mining, Technology, and Smart City Development in Peru and the World," is jointly organized by the Ministry of Energy and Mines and the Ministry of Housing, Construction and Sanitation, and is scheduled for July 7-8.
The decree recognizes uranium and lithium as critical strategic minerals of growing international importance, highlighting their core roles in the energy transition, electric mobility, clean energy storage, and smart city development. It also emphasizes that government policy aims to develop an energy sector with minimal environmental impact and low carbon emissions within a sustainable development framework.
Peru's policy direction aligns with growing international attention on the country's role in the long-term supply of critical minerals, with related discussions also involving the upcoming 27th World Mining Congress in Lima.
American Lithium's Falchani lithium project and Macusani uranium project in the Puno region of Peru are the company's most strategically located and advanced projects. The former is one of the world's largest hard-rock lithium and cesium deposits, while the latter is the largest undeveloped uranium project in Latin America. Both projects are located on the Macusani Plateau in southeastern Peru, have completed robust preliminary economic assessments, and have increased mineral resources through further exploration.
Laurence Stefan, President and Chief Operating Officer of American Lithium, stated that the Peruvian government's decision to declare the forum as having national importance is a milestone development that validates the company's long-held beliefs. He believes Peru possesses extraordinary uranium and lithium resources, and this forum demonstrates the country's readiness to stand at the center of global critical mineral discussions. Through the Falchani and Macusani projects, American Lithium is uniquely positioned to help Peru realize its energy leadership ambitions. Stefan expressed anticipation for participating in the forum and working constructively with government, industry, and community stakeholders to accelerate the responsible development of these world-class assets.
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