TSX-V-listed American Lithium Corporation has welcomed the Peruvian government's issuance of a Supreme Decree formally declaring the national importance of both uranium and lithium, while declaring an upcoming international forum of national importance.  

The inaugural forum, called 'Uranium and Lithium: Pillars of energy leadership for mining, technological and smart city development in Peru and the world', is being co-organised by Peru's Ministry of Energy and Mines and the Ministry of Housing, Construction and Sanitation, and is scheduled for July 7 and 8.

The decree formally recognises uranium and lithium as critical and strategic minerals of increasing international relevance, citing their central role in the energy transition, electro-mobility, clean energy storage and smart city development.

The decree also highlights as government policy objectives the development of an energy sector with minimal environmental impact and low carbon emissions within a sustainable development framework.

The Peruvian government’s policy direction coincides with rising international focus on Peru’s role in long-term critical minerals supply, including discussions linked to the upcoming twenty-seventh World Mining Congress, which is also to be hosted in Lima.

American Lithium holds two of the most strategically located and advanced-stage projects in Peru's Puno region: the Falchani lithium project, one of the world's largest hard-rock lithium and cesium deposits, and the Macusani uranium project, the largest undeveloped uranium project in Latin America.

Both projects are situated on the Macusani Plateau in south-eastern Peru and both projects have robust preliminary economic assessments completed, along with increased mineral resources supported through further exploration.

"The Peruvian government's decision to declare this forum of national importance is a landmark development that validates exactly what we have believed for many years. Peru holds extraordinary uranium and lithium resources, and this forum signals that the country is ready to take its place at the centere of the global critical minerals conversation," says American Lithium president and COO Laurence Stefan.

American Lithium, through the Falchani and Macusani projects, is uniquely positioned to contribute to Peru's energy leadership ambitions.

"We look forward to participating in the forum and working constructively with government, industry, and community stakeholders to advance these world-class assets responsibly and on an accelerated timeline," Stefan concludes.