the US is struggling to meet its ever-growing lithium demands for EVs

A If for any reason you believe you received this email in error click here to unsubscribe. The team here at On Options is always on the lookout for reader benefits, here is a message from colleagues. In the 1990s, the United States produced over a quarter of the world's lithium.    Now, it's less than 1%.   With only one functioning lithium mine, Silver Lake, the US is struggling to meet its ever-growing lithium demands for EVs and utility-scale battery storage.   Fortunately, the US ranks fifth in global lithium reserves, with increasing discoveries.    To stimulate domestic production, the government has invoked the Defense Production Act, offering massive tax incentives to critical mineral miners and battery manufacturers.    In fact, the U.S. Government just declared Lithium a Critical Mineral.   And this is just the start.*   These benefits come with strict stipulations to limit dependency on foreign lithium, particularly from China.   Automakers are under pressure to source local lithium, igniting a new Lithium Rush, reminiscent of the Gold Rush.    Winner Takes All   The first manufacturer to produce a 100% Made-in-the-USA EV will dominate the market, as competitors struggle to match their prices.    Companies are scrambling to secure US-mined lithium, even purchasing mines outright to maintain a competitive edge.   Ford, Mercedes-Benz, Volvo, Tesla, Volkswagen…   America is staging a major counterattack in the lithium market.   This frenzied competition has led to vertical integration, with manufacturers seeking direct control over lithium supply.    Even Chinese car manufacturers are entering the fray, further intensifying the battle for lithium mines.   Over the next year, we're going to witness the world's most significant game of King of the Hill unfold—with the highest stakes.    That's why I want to bring your attention to this company looking to solve that problem… American Lithium Corp. (AMLI:US and LI:TSX) has two top-tier premium lithium deposits that set them apart from the rest of the crowd.   The TLC Project is the 2nd largest measured & indicated (M&I) lithium resource in the USA The Falchani Project is the 3rd largest hard rock lithium resource in the Americas   BONUS: It also just happens to own the 5th largest undeveloped uranium deposit in the world… but more on that later.   Three years ago, this company traded at a paltry fraction of where it sits now.   The TLC Project location near the town of Tonopah also means that infrastructure like highways, power, and water are all already available.   It's even located just 3.5 hours away by road from Tesla's Nevada gigafactory.   It's also just hours away from Nevada's largest claystone which recently received $650M from General Motors, mentioned above.   American Lithium Corp (AMLI.US) completed their maiden Preliminary Economic Assessment (PEA) just three months ago…   It gave TLC an NPV of USD$3.26 billion at an 8% discount rate and $20,000 lithium carbonate price.   Current prices are around $26,000, though they reached as high as $87,000 last year.   Marin Katusa, the legendary resource investor, just published a detailed analysis on the company.   Click here to get access to your full stock report.* IMPORTANT DISCLAIMER    *Note that we take your privacy very seriously. 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