Simon Clarke, CEO and Director of American Lithium Corp: Lithium Oversupply? Hold Your Horses

By Jennifer Johnson Jennifer Johnson has been verified by Muck Rack's editorial team
Published on November 2, 2022

Simon Clarke brings over 25 years of experience in building companies and implementing successful capital markets and growth strategies focused on mining, energy, and energy technology. On this episode of the Grit Daily Startup, Simon explains, most recently, he was the founder, CEO, and director of M2 Cobalt Corp. (cobalt/copper exploration in East Africa), which was acquired by Jervois Global in June 2019. Jervois is a world leader in the development and mining of cobalt and nickel projects and is operating cobalt and nickel refineries, benefitting from a market capitalization exceeding CDN $1 billion. The transaction involved Mr. Clarke remaining with Jervois for 12 months as a director and senior executive. Mr. Clarke was also a co-founder, executive, and director of Osum Oil Sands Corp. a company valued in excess of US $1 billion at its peak market capitalization. Osum grew its production to approximately 20,000 bopd before being acquired by Watreous Energy Fund for around CDN $400 million in 2021. Mr. Clarke benefits from extensive experience and knowledge of the battery metals space spanning more than a decade. This includes his past senior executive roles with M2 Cobalt and Jervois Mining, as well as advisory roles in the vanadium exploration/development sector. Mr. Clarke holds an LLB and Diploma in Legal Practice from Aberdeen University, Scotland.

American Lithium is well-positioned to play a key role in society’s shift to a secure, sustainable new energy paradigm in the Americas. With a focus on Nevada and Peru, the company has the advantage of both geographic and geological diversity in developing world-class, scalable projects. In south-central Nevada, the company owns the TLC claystone lithium deposit, which is in close proximity to the Tesla giga-factory in Nevada. 

In south-eastern Peru, American Lithium is developing the advanced-stage Falchani hard rock lithium deposit, as well as one of the world’s largest undeveloped uranium deposits, known as Macusani.  Ensuring a safe, secure supply of strategic battery/energy metals is of growing importance to the US and other Western nations. Hence, the Biden Administration has legislated “critical minerals” initiatives to presage the development of sustainable domestic lithium supplies. Similarly, long-term supplies from politically “friendly” nations like Peru are also being targeted by the US. American Lithium is ideally positioned in both regards.

By Jennifer Johnson Jennifer Johnson has been verified by Muck Rack's editorial team

Jennifer Johnson is an Operations Specialist and Booking Producer at Grit Daily.

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