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American Lithium validates Sulfate of Potash as a strategic by-product of future lithium production at Falchani
VANCOUVER, British Columbia, June 27, 2022 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:
About this update from American Lithium Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, June 27, 2022 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to announce the successful precipitation of high purity, fertilizer-quality potassium sulfate (“SOP”-sulfate of potash) by-product from the Company’s Falchani Project. Testing confirms that in addition to producing high quality lithium compounds, SOP can be produced to potentially supply Peru with its domestic needs. Testing was completed at Australian Nuclear Science and Technology Organisation (“ANSTO”) Minerals Business Unit laboratories in Sydney, Australia. The SOP produced by ANSTO from Falchani mineralization is 45% potassium (“K”) and 20% sulfur (“S”) and falls within the specification parameters of SOP marketed by various producers and traders of K-based fertilizers. Highlights: ANSTO’s work to date validates the ability to produce high quality SOP at Falchani, while continuing to refine flowsheet options and realizing the lithium and by-product value contained within the deposit. As part of the SOP production validation test work, the cesium and rubidium extracted in the upfront acid leach have been separated from lithium and work is on-going to realize the significance of these two critical elements. Once all by-products are validated, ANSTO will optimize the Falchani flow sheet to maximize the precipitation of lithium carbonate while enabling significant by-product production. The existing Falchani PEA will be updated for these by-products and associated revenue implications. Recent shortages of fertilizers in Peru, with imports of SOP rising to over 60,000 tonnes per year, highlight the strategic importance of developing significant domestic sources of supply. Dr. Laurence Stefan, COO of American Lithium, states, “The strategic importance of the ability to produce significant amounts of SOP from Falchani cannot be overstated. This by-product will not only provide an additional potential revenue stream at Falchani, but more importantly will also provide a major source of domestic SOP for Peru with the potential to largely reduce the country’s dependence on imported overseas fertilizers. Falchani has the potential to ultimately make Peru self-sufficient for the SOP fertilizers required to produce the high-value crops, fruit and vegetables that...