The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

StocksUpdated×2•Originally published 13 April 2026•Updated 14 April 2026•

1 min read

American Lithium Minerals Expands Strategic Investment in Aeramentum Resources

Orange and yellow image with a red downward arrow graph. Text: 'GEM DIAMONDS', 'COMMODITY PRICE DROP', '-7.78%', '-5.00%'. Features diamonds, mining equipment, financial icons, oil barrels, and an Eth

Key Facts

1Lithium South Development Corporation completed the sale of all shares of its subsidiary, NRG Metals Argentina S.A.

2The sold subsidiary holds a 100% ownership interest in the Hombre Muerto North Lithium project in Salta Province, Argentina.

about 2 months ago

Version History

1 additional source confirmed this story

Version 2about 2 months ago

What changed: The story was updated to include new operational milestones in the Canadian lithium sector, specifically drilling completions in Quebec and brine sampling for extraction testing in Alberta.

Version 1about 2 months ago

What changed: Shifted focus from Lithium South's divestment in Argentina to a new strategic investment by American Lithium Minerals (AMLM) in Chilean copper-silver assets.

American Lithium Minerals (AMLM) has increased its strategic investment in Aeramentum Resources to strengthen its foothold in Chile's emerging copper-silver districts. Alongside this South American expansion, the Canadian lithium sector reported significant operational milestones, with Arbor Metals completing its Phase 1 2026 diamond drilling program at the Jarnet Lithium Project in Quebec, totaling 1,433 meters across 5 holes. Furthermore, LithiumBank successfully collected 150 cubic meters of brine from its Boardwalk Project in Alberta for Direct Lithium Extraction (DLE) testing and carbonate conversion. These developments, following Lithium South’s recent divestment in Argentina to POSCO, highlight a broader trend of capital reallocation and technical advancement in the industry. Investors are closely monitoring how these drilling results and extraction tests will impact the long-term supply of battery-grade minerals. The Andean and Canadian regions remain critical hubs for the global transition toward clean energy resources.