Company News: American Lithium Minerals
Updated: 20 Sep 2010
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.
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.
Business Category Exploration; Mining
Regions of Operation North America
Exchange Ticker AMLM
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Exchanges listed on OTC
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2850 W. Horizon Ridge Parkway, Suite 200
- Henderson
- Nevada
- 89052
- United States
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