American Lithium raises Peru project's investment by 22% to $847 million
25/09/2025 22:23
AREQUIPA, Sept 25 (Reuters) - Investment in Peru's Falchani lithium project has increased by 22% to $847 million and is in the process of restarting after the resolution of a legal dispute over its concessions, an executive from Macusani Yellowcake, a unit of Canada's American Lithium Corp LI.V, said on Thursday. Ulises Solis, general manager of Macusani Yellowcake, told Reuters the updated investment includes plans to build a refinery at the project site in the Andean region of Puno, in southeastern Peru. (Reporting by Marco Aquino; Editing by Chris Reese) ((natalia.siniawski@thomsonreuters.com;))
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