American Lithium Minerals is a U.S.-based mineral exploration company focused on the development of lithium and boron resources in Nevada. The company´s key objective is to develop a world-class lithium project that will capitalize on surging demand for lithium-ion batteries, particularly for hybrid and electric vehicles. Lithium is a high-priority and strategic mineral for the U.S. The country´s green energy legislation and long-term energy policies depend on developing a vibrant, domestic lithium-ion battery manufacturing sector.
American Lithium´s primary asset is the high-grade Borate Hills property in western Nevada, one of the world´s premier known lithium deposits and ranked by previous operator US Borax as the second-largest boron deposit in the U.S. A $4.5 million exploration and development program is aimed at completing an economic pre-feasibility study on the Borate Hills Project to advance the project to the feasibility stage.
Nevada is one of the world´s leading mining regions. The state supports North America´s only commercial lithium mine located 20 miles from Borate Hills.
American Lithium intends to develop Borate Hills and its other lithium brine exploration projects through cooperation with international partners.
