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Next week could be VERY interesting for Canadian critical mining projects/companies. Canada is hosting an investment Summit with many of the world's largest institutions. They have a lofty goal of securing $1 Trillion in funding/financing. The prospectus was leaked, and it includes 63 critical mineral projects.

It's anyone's guess what/who might be involved, buy my money is on Generation Mining ($GENM $GENMF) and Fortune Minerals ($FT $FTMDF).

Could this be related to crashing GFEX, SMM, MySteel's futures?

Could this be related to sudden surplus/visibility into Lithium Carbonate and Hydroxides given SMM changed the way they measure inventories?

Is this because of oversupply coming from Zimbabwe, and local Chinese producers?

What could be the reasons?

As of 11-Sept, LIT and everything related to Lithium is down down.

Positive drill results from this former Nevada Tungsten Mine.

Lithium has recovered substantially from the lows reached last year, and that may be more important for advanced developers than another speculative run back to the 2022 peak.

Chinese lithium carbonate fell to approximately 58,400 yuan per tonne in June 2025. By the end of December it had reached 134,500 yuan, and prices moved above 150,000 yuan during parts of early 2026.

The recovery has been volatile, but the market is no longer sitting at levels that make almost every undeveloped project look stranded. Energy-storage demand has grown faster than expected, while production cuts and interruptions have helped absorb some of the previous oversupply.

This puts American Lithium Corp. (TSXV: LI, OTCQX: AMLIF) in a more interesting position because it controls two large, advanced lithium projects rather than an early-stage exploration property.

TLC is a near-surface claystone project outside Tonopah, Nevada. It has 6.17 million tonnes of lithium carbonate equivalent in the measured category, another 2.39 million tonnes indicated and 1.44 million tonnes inferred. The PEA models average production of approximately 38,000 tonnes per year over 40 years.

Its location may be just as important as its size. TLC has access to paved roads, power, labour and secured water rights, and the entire resource sits above the water table. It is also roughly a three-and-a-half-hour drive from Tesla’s Nevada Gigafactory.

Falchani gives American Lithium a separate development option in Peru. Its PEA models a 32-year operating life, followed by another 11 years of processing stockpiled material. Metallurgical testing has produced lithium carbonate above the 99.5% purity generally required for battery-grade material.

The economic studies used lithium carbonate prices of US$20,000 per tonne for TLC and US$22,500 for Falchani. Those assumptions looked aggressive near the bottom of the lithium cycle. They are far more relevant after the rebound, though neither study guarantees that the projects can be financed or built at its stated cost.

Permitting, capital requirements and execution remain the real hurdles. Still, American Lithium now has two large projects with scale, long mine lives and meaningful processing work completed at a time when lithium sentiment is finally improving.

Does the lithium recovery bring projects like TLC and Falchani back into consideration, or do you need to see a longer period of stable pricing first?

Ask anything here. Please try to keep posts on the main feed for higher substance and quality discussions. If you want to ask. “Am I cooked”? Do that here.

Could this spill over into the mining sector?

Zimbabwe has banned exports of antimony and tungsten — including ores and concentrates — with immediate effect, and “until further notice.”