The phrase "a lofty peak" is correct and usable in written English.
It can be used to describe a high mountain or metaphorically to refer to an ambitious goal or aspiration.
Example: "The climbers set their sights on a lofty peak, determined to reach the summit by dawn."
Alternatives: "a high summit" or "an elevated mountain".
2017 witnessed a decline in biotech M&A from its lofty peak in 2015 (a failed annual prediction of mine), though still well-above historic ranges for R&D-stage M&A activity.
While the acquisition of Archstone by Lehman came just as the housing market was slipping from its lofty peak, its sale follows a recovery from the market's lows.
Then makes a steep ascent up the mountain side passing the village of Sasa perched on a lofty rounded peak.
His long infatuation with her makes him seem even younger than he looks with his cowlick because Randism is a state of arrested adolescence, making its disciples feel like heroic teenagers atop a lofty mountain peak.
Celebrity magazine sales on both sides of the Atlantic are far from their lofty peak and sliding.
In her beloved Cairngorms, Nan Shepherd celebrated each slope and dip rather than worshipping the isolated lofty peak.
At her lofty peak, Thatcher abolished the Greater London Council and other metropolitan authorities around England partly because they gave her Labour opponents an alternative platform.
Though more apartments are becoming more affordable as rents come down from their lofty peak, New York prices might still seem shocking to the uninitiated.
THE Adamello group is a conspicuous though distant feature in the panoramic view of snow-clad giants which greets us on reaching some lofty peak of the Pennine Alps in the neighbourhood of Zermatt.
An American household manual from 1900 suggests ensuring a "reasonable freedom from tormenting insect life", but advises against settling in the shadow of some lofty peak, or famous cave, on the grounds that: "One does not feel too comfortable when banqueting in localities where Dame Nature has had her queer moods, and has left imprinted certain too observable evidences of her freakiness".
