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Elektros Inc. Ignites the Future: Unprecedented Lithium Discovery Fuels the EV Revolution

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Elektros Inc. (OTC:ELEK) has announced a significant lithium discovery in Sierra Leone, potentially representing one of West Africa's largest deposits. The company's geological surveys have revealed lithium concentrations exceeding initial projections, positioning ELEK as a key player in the global energy transition.

CEO Shlomo Bleier emphasized the transformative nature of these findings, which come at a crucial time when major automakers like Tesla and BMW are actively seeking reliable lithium sources for EV batteries. The discovery aligns with Tesla CEO Elon Musk's strategic vision, who has identified lithium refining and sourcing as major constraints to Tesla's growth.

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Positive

  • Discovery of potentially substantial lithium deposits in Sierra Leone, indicating significant resource potential
  • Strategic positioning in West Africa could help diversify global lithium supply chain
  • Timing aligns with increasing demand from major automakers for lithium supply
  • Company has a streamlined share structure, potentially attractive for investors

Negative

  • Early-stage discovery with no confirmed resource estimates
  • Operating in Sierra Leone may present geopolitical and operational risks
  • No specific timeline or production estimates provided
  • As an OTC Pink company, faces higher regulatory and funding challenges

News Market Reaction 1 Alert

-21.87% News Effect

On the day this news was published, ELEK declined 21.87%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

SUNNY ISLES BEACH, FL / ACCESS Newswire / May 23, 2025 / Elektros Inc. (OTC PINK:ELEK), a distinguished pioneer in the rare-earth sector, proudly announces groundbreaking progress in its Sierra Leone lithium expedition, positioning the company at the forefront of the global energy transition.

A Strategic Leap in Lithium Exploration

In a move that underscores its commitment to sustainable energy solutions, Elektros Inc. has achieved significant milestones in its Sierra Leone operations. The company's latest geological surveys reveal lithium concentrations surpassing initial projections, indicating the potential for one of the most substantial lithium deposits in West Africa.

Elon Musk, the visionary behind Tesla, has long emphasized the critical role of lithium in the future of transportation. High-grade lithium, particularly from secure and ethical sources, is not just a preference for Musk-it is a necessity. As the backbone of electric vehicle batteries, lithium determines the efficiency, range, and sustainability of EVs. Musk has repeatedly highlighted the importance of lithium supply chains in public statements, stating that lithium refining and sourcing are among the biggest constraints to Tesla's growth. The discovery of high-grade lithium in Sierra Leone by Elektros Inc. could align with Musk's strategic vision for securing dependable lithium resources, further accelerating the global adoption of clean energy vehicles.

"Our findings in Sierra Leone are not just promising-they're transformative," stated Shlomo Bleier, CEO of Elektros Inc. "This expedition propels us into a new era of energy innovation, aligning with global demands for clean and efficient power sources."

Capitalizing on Global Energy Trends

The urgency for lithium, a critical component in electric vehicle (EV) batteries and renewable energy storage, has never been more pronounced. With major automakers like Tesla and BMW intensifying their search for reliable lithium sources, Elektros Inc.'s advancements come at a pivotal moment.

Industry analysts highlight the strategic importance of West African lithium reserves in diversifying the global supply chain, reducing dependency on traditional markets, and fostering economic growth in emerging regions.

Investor-Centric Growth and Market Potential

Elektros Inc.'s streamlined share structure and proactive exploration strategies have caught the attention of investors seeking opportunities in the booming EV and renewable energy sectors. The company's recent developments are anticipated to catalyze increased trading activity and shareholder value.

"Elektros Inc. is not just exploring lithium; we're unlocking the future of energy," remarked CEO Shlomo Bleier. "Our Sierra Leone project exemplifies our dedication to innovation and shareholder prosperity."

About Elektros Inc.
Elektros Inc. (OTC PINK: ELEK) is a forward-thinking company specializing in the exploration and development of rare-earth elements essential for modern energy solutions. With a focus on sustainability and technological advancement, Elektros Inc. is committed to driving the global shift towards renewable energy.

Cautionary Language

Forward-Looking Statements
This press release contains forward-looking statements regarding Elektros Inc.'s future operations and potential developments. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Elektros Inc. undertakes no obligation to update any forward-looking statements.

Lithium, often referred to as the 'white gold' of the energy sector, is a rare-earth mineral that plays an indispensable role in the advancement of clean technology. Its critical use in electric vehicle (EV) batteries positions lithium as a cornerstone of the global transition to renewable energy. Every major automaker - from Tesla and Mercedes-Benz to BMW and Lexus - relies on lithium to power the next generation of vehicles. As the world pivots away from fossil fuels, the demand for lithium is skyrocketing, making it one of the most strategically valuable resources of our time. Elektros Inc.'s discovery in Sierra Leone could prove to be a game-changer in securing a sustainable and powerful energy future.



View the original press release on ACCESS Newswire

FAQ

What lithium discovery did Elektros (ELEK) make in Sierra Leone?

Elektros Inc. discovered lithium concentrations exceeding initial projections in Sierra Leone, potentially representing one of West Africa's largest lithium deposits, though specific resource estimates were not provided.

How does ELEK's lithium discovery impact Tesla and other EV makers?

The discovery could provide a new source of lithium for EV manufacturers like Tesla, addressing what Elon Musk has identified as a major constraint to Tesla's growth - lithium refining and sourcing.

Who is the CEO of Elektros (ELEK) and what did they say about the lithium discovery?

Shlomo Bleier, CEO of Elektros, called the findings 'transformative' and stated they propel the company into a new era of energy innovation aligned with global demands for clean power sources.

Where is Elektros (ELEK) conducting its lithium exploration?

Elektros Inc. is conducting its lithium exploration operations in Sierra Leone, West Africa.

What is the significance of Elektros (ELEK) finding lithium in West Africa?

The discovery could help diversify the global lithium supply chain, reduce dependency on traditional markets, and foster economic growth in emerging regions of West Africa.
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