American Lithium welcomed as member of US Defence Industrial Base Consortium
TSX-V-listed American Lithium Corporation has been accepted as a member of the Defense Industrial Base Consortium (DIBC), which is a US Department of Defense collaborative initiative established to strengthen the US's defence industrial base and critical minerals supply chains.
The DIBC brings together organisations across industry and government to accelerate the development and secure supply of critical minerals and technologies essential to defence and strategic infrastructure.
As a member, American Lithium will have the ability to participate in consortium-led programmes, receive potential funding opportunities, and engage in federally supported initiatives related to critical materials, resource development, and downstream processing capabilities aligned with US strategic priorities.
The company says its inclusion into DIBC reflects the strategic importance of its US-based lithium development efforts, which are positioned to support domestic supply chain strength.
American Lithium is developing two of the world’s largest, advanced-stage lithium projects, along with the largest undeveloped uranium project in Latin America. They include the TLC claystone lithium project in Nevada and the Falchani hard-rock lithium project in southern Peru, which also hosts a globally significant cesium resource, as well as the Macusani uranium located in the same region. All three projects have completed robust preliminary economic assessments, exhibit significant expansion potential and enjoy strong community support.
As demand for critical minerals continues to grow across defence, energy storage and advanced technology applications, participation in the consortium provides American Lithium with a platform to engage in collaborative initiatives aligned with US national priorities.
“Joining the DIBC represents an important milestone for American Lithium as we continue advancing our role in the domestic critical minerals supply chain,” says CEO Alex Tsakumis.
He adds that the company's large-scale projects in the Americas have the potential to provide meaningful contribution to US domestic critical minerals supply.
"Participation in the DIBC provides an opportunity to contribute to initiatives that support long-term supply security while engaging with key stakeholders across the defence and industrial sectors," Tsakumis concludes.
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