American Lithium increases Falchani project investment to $847m-report
Yahoo Finance·2025-09-26 11:05
Canada-based American Lithium has increased its investment in the Falchani lithium project in Peru by 22%, reaching a total of $847m. The decision follows a ruling by the Peruvian Supreme Court in favour of its subsidiary, Macusani Yellowcake, in a legal dispute over 32 mining concessions, as reported by Reuters. The court unanimously rejected claims from INGEMMET and MINEM with respect to ownership of the concessions, clearing the path for further development. Reuters quoted Macusani Yellowcake genera ...