American Lithium Welcomes Peru’s National Interest Declaration for Uranium and Lithium Forum

American Lithium Corp. has received significant validation for its Peruvian operations following the country's formal declaration of uranium and lithium as critical minerals of national importance. The Peruvian government issued a Supreme Decree calling for an International Forum on uranium and lithium to be held July 7-8, 2026, co-organized by the Ministry of Energy and Mines and the Ministry of Housing, Construction and Sanitation. This policy shift recognizes these minerals' central role in energy transition, electromobility, clean energy storage, and smart city development.

American Lithium is uniquely positioned to benefit from this development through its two advanced-stage projects in Peru's Puno region. The Falchani Lithium Project represents one of the world's largest hard-rock lithium and cesium deposits, while the Macusani Uranium Project stands as Latin America's largest undeveloped uranium project. Both projects are located on the strategic Macusani Plateau in southeastern Peru and have completed robust Preliminary Economic Assessments with increased mineral resources from continued exploration.

The timing of Peru's declaration aligns with growing international focus on critical minerals supply chains and coincides with preparations for the 27th World Mining Congress to be hosted in Lima. Dr. Laurence Stefan, American Lithium's President and COO, characterized the government's decision as a landmark development that validates the company's long-held belief in Peru's extraordinary uranium and lithium resources. The company views this as positioning Peru at the center of the global critical minerals conversation.

This development enhances American Lithium's portfolio, which also includes the TLC claystone lithium project in Nevada. All three projects have completed preliminary economic assessments and demonstrate significant expansion potential with strong community support. The Peruvian government's explicit recognition of these minerals as strategic assets provides regulatory momentum that could accelerate development timelines and attract additional investment to the sector.