LI Lithium

Given that lithium is a key component of producing rechargeable technology, the demand for the precious metal has grown rapidly. With the hope that the demand will continue to rise, many traders view lithium as an attractive investment right now. Where does Canada get its lithium? The Canadian province of Alberta has significant lithium resources and is poised to compete in the global market, which is expected to triple by 2025. Although demand for oil and gas decreased and commodity process dropped due to the COVID-19 pandemic, Alberta is recovering. American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Claystones project covering an area of approximately 5,052 hectares located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru. The company was formerly known as Menika Mining Ltd. and changed its name to American Lithium Corp. in April 2016. American Lithium Corp. was incorporated in 1974 and is headquartered in Vancouver, Canada.