Infrastructure in the mining world means roads, power and water supplies, workforce, and government rules and regulations that all fit together to help the explorer find, extract, prepare and ship the product to manufacturers.
American Lithium’s Fish Lake Valley project is a clean slate:
- Without any complex regulatory or water issues
- Benefitting from existing power, water and transportation infrastructure
- With the advantage of watching, learning and adapting plans based on the advancement of exciting new and expected production techniques
Infrastructure is concrete, steel and electricity.
The Nevada site is close to a major highway interchange, located approximately 20 miles from US Route 6, and Highways 264, 265 and 266. All of these are well-maintained, all-weather roads.
This means it is easy for American Lithium employees to get to and from the site, and for easy movement of the lithium to the nearby (and even some faraway) final processing facilities. This easy access reduces production costs significantly (as opposed to operations in South America, some hundreds of miles from top-quality roads.)
There are two power sources close by, an existing plant just 9 miles away and an ongoing local geothermal power facility.
You need power to extract the lithium brine and claystone from the dry lakebed. Power for the pumps to draw the water from the 500-foot water wells.
Power for the evaporation process comes from the sun (lithium brine sits in large pools for a few weeks – the water evaporates, and the remnant lithium is transported to processing facilities.)
And as you probably know, the Nevada desert supplies plenty of sun power, almost every day of the year. Few cloudy days (and fewer rainy days) which means the evaporation process moves along quickly and continuously. That provides a steady and reliable stream of product for shipment.
American Lithium selected this site for this exact reason. They know that their investors need to know that the supply chain is always moving in a positive direction.
And while the process to create usable lithium involves removing the water, potable water is still vital to the entire operation
In the hot Nevada sun, machinery needs water for cooling, as do the employees.
There is plenty of potable water in the Valley, with shallow to medium depth resources across the basin.
So American Lithium does not have the huge additional costs of trucking in water supplies that would add another line item to the budget (and hurt profitability.)
The final piece of the infrastructure jigsaw is proximity to people. While the FLV site is in the middle of a dry lakebed, it is not in the middle of nowhere.
Dyer, Nevada is just 12 miles south, and Tonopah NV (population about 2,500) is 46 miles due East.
Having populated areas nearby means workers do not feel isolated (as they would in the salt lakes of South America) and happy workers work better to deliver excellent work.
This also results in an easier recruitment process, which attracts top-level and experienced employees (and keeps salaries and wages within reason.)
Happy workers generate happy bosses, and that translates to happier investors.
Join the growing number of investors who are adding American Lithium to their portfolio.