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American Lithium (NASDAQ: AMLI) mentioned Wednesday that it has obtained permission from Peruvian authorities to conduct extra exploration close to its present lithium undertaking.
The corporate mentioned the brand new exploration will permit it to develop its present assets in southern Puno a area bordering Bolivia.
The CEO of American Lithium’s Peruvian subsidiary informed an business occasion that final Friday the corporate obtained an exploration allow within the Kelcaya space, situated just a few kilometers from the present Falchani undertaking.
Shares of American Lithium (AMLI) closed down +6.2% traded at $2.21 on Wednesday, the very best shut in three weeks.
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