Elektros Ignites Lithium Revolution Bottom-Basement Entry Point for Billionaires, Millionaires, Millennials, Bitcoin Visionaries & Visionary Investors

Rhea-AI Summary

Elektros (OTC:ELEK) experienced a 60% surge in stock price following significant lithium discoveries in Sierra Leone. The company positions itself as a key player in the growing lithium market, crucial for electric vehicle (EV) batteries and renewable energy. Industry projections indicate lithium demand is expected to increase dramatically from 300,000 tonnes in 2020 to 3 million tonnes by 2030. The company's CEO, Shlomo Bleier, emphasizes their role in the global transition to clean technology, with their Sierra Leone deposit being highlighted as one of the most promising new lithium frontiers globally.

The press release references Elon Musk's statement about lithium being the fundamental limiter for EVs, and cites reports from Reuters and Financial Times about the critical role of lithium in transport electrification, noting that 40 times the current lithium supply will be needed to meet climate targets.

Positive

• Stock price surged 60% in a single day
• Significant lithium discovery in Sierra Leone
• Strategic positioning in high-demand lithium market with projected 10x growth by 2030
• Focus on ethically sourced, high-grade lithium production

Negative

• Early-stage deposit with no proven reserves yet
• Operating in Sierra Leone, which may present geopolitical risks
• Trading on OTC Pink market, indicating higher risk
• No specific details provided about the size or grade of lithium discovery

News Market Reaction

+60.36%

1 alert

+60.36% News Effect

On the day this news was published, ELEK gained 60.36%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

This is the Bitcoin of 2009 The EV Lithium Boom Starts Now!

SUNNY ISLES BEACH, FL / ACCESS Newswire / May 29, 2025 / Elektros Inc. (OTC PINK:ELEK) surged by 60% today, marking an extraordinary leap for the forward-thinking rare-earth explorer. This rally reflects renewed investor confidence in Elektros Inc.'s significant lithium discovery in Sierra Leonean opportunity emerging right at the start of a global paradigm shift toward electric vehicles (EVs) and renewable energy.

The demand for lithium, often dubbed the 'white gold' of clean energy, is skyrocketing as the world pivots to sustainable technologies. Elektros Inc. stands at the epicenter of this transformation. With its recent lithium findings in Sierra Leone, the company is stepping into a leadership role in the EV revolution. Now is the moment for billionaires, millennials, and visionary investors to seize a ground-floor opportunity in what could become a generational wealth event.

Elon Musk, CEO of Tesla, has emphasized, "The fundamental limiter of electric vehicles right now, in general, is lithium. Lithium is insanely importantit's the essential ingredient for every single EV battery."

According to Reuters, "Lithium is a key element for the electric vehicle ramp-up, with demand expected to balloon to 3 million tonnes a year by 2030 from only 300,000 tonnes in 2020."

The Financial Times reports, "To meet climate targets, at least 40 times the amount of lithium is needed, highlighting the critical role lithium plays in the electrification of transport."

Elektros Inc. is proud to lead the charge. Our findings in Sierra Leone represent one of the most promising new lithium frontiers globally. This early-stage deposit positions Elektros among the few companies capable of meeting the surging international demand with ethically sourced, high-grade lithium.

Global Lithium Leaders to Watch:

1. Albemarle Corporation (ALB) A global leader in lithium production and specialty chemicals.

2. Piedmont Lithium Inc. (PLL) Focused on domestic lithium resources to support the U.S. EV supply chain.

3. Lithium Americas Corp. (LAC) Developing large-scale lithium projects in North and South America.

4. Sigma Lithium Corporation (SGML) Advancing sustainable lithium production in Brazil.

5. Standard Lithium Ltd. (SLI) Innovating lithium extraction from existing brine operations in Arkansas.

6. Ioneer Ltd. (IONR) Developing lithium-boron resources in Nevada to supply U.S. EV manufacturing.

7. E3 Lithium Ltd. (ETL) Specializes in Direct Lithium Extraction from brine reservoirs in Canada.

About Elektros Inc.

Elektros Inc. (OTC PINK:ELEK) is an innovative company focused on the exploration and development of critical rare-earth elements essential to powering modern electric technologies. With sustainability at the core of its mission, Elektros is committed to advancing renewable energy solutions for a cleaner and more connected future.

Cautionary Language:

Forward-Looking Statements: This news release contains forward-looking statements subject to risks and uncertainties. Actual results may differ materially. Elektros Inc. undertakes no obligation to update any forward-looking statements.

Contact: electrosinc@gmail.com | www.elektrosinc.com | facebook.com/elektrosinc

"Lithium is not just a resourceit is the heartbeat of the clean energy future," said Shlomo Bleier, CEO of Elektros Inc. "As the automotive world shifts toward electric vehicles, our lithium discovery positions Elektros at the forefront of a global paradigm shift. This is about more than energyits about doing good for the planet, building a sustainable tomorrow, and empowering the worlds transition to clean technology. We are proud to lead this charge and to help power a better, cleaner, and smarter future for generations to come."

SOURCE: Elektros, Inc.

View the original press release on ACCESS Newswire

FAQ

What caused ELEK stock to surge 60% on May 29, 2025?

ELEK stock surged 60% following the announcement of significant lithium discoveries in Sierra Leone and renewed investor confidence in the company's position in the EV and renewable energy markets.

Where are Elektros (ELEK) lithium deposits located?

Elektros' lithium deposits are located in Sierra Leone, which the company describes as one of the most promising new lithium frontiers globally.

What is the projected lithium demand growth according to Elektros (ELEK) press release?

According to Reuters data cited in the release, lithium demand is expected to grow from 300,000 tonnes in 2020 to 3 million tonnes by 2030, representing a 10x increase.

Who is the CEO of Elektros (ELEK)?

Shlomo Bleier is the CEO of Elektros Inc.

What market does Elektros (ELEK) trade on?

Elektros trades on the OTC Pink market under the symbol ELEK.