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Elektros Inc. Outlines Strategic Objectives Moving Forward

Elektros (OTC PINK: ELEK) reaffirmed strategic objectives on January 20, 2026, focused on advancing a hard‑rock lithium project in Sierra Leone to serve U.S. refineries.

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Elektros (OTC PINK: ELEK) reaffirmed strategic objectives on January 20, 2026, focused on advancing a hard‑rock lithium project in Sierra Leone to serve U.S. refineries.

Key facts: the company executed a joint‑venture ground lease in Tinkoko Chiefdom, Bo District maintaining a 75% controlling interest; obtained an artisanal mining license (Sept 2025); and has stockpiled approximately 54 metric tons of hard‑rock lithium ore, pending export once shipping capital is secured. Near‑term aims include establishing continuous extraction and regular container shipments, securing long‑term offtake agreements with U.S. lithium refineries, and attracting strategic investors.

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Positive

  • 75% controlling interest via joint‑venture ground lease
  • Obtained an artisanal mining license as of September 2025
  • Stockpiled approximately 54 metric tons of hard‑rock lithium ore

Negative

  • Exports contingent on securing shipping capital
  • Operations currently stockpile‑based with no confirmed sales
  • Commercial scale dependent on securing long‑term offtake and investors
Argus Jan 20 session
-34.58% close to close Open Argus
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News Market Reaction – ELEK

On Jan 20, the day this news came out, ELEK closed 34.58% below the previous close.

Data tracked by StockTitan Argus for the Jan 20 session.

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SUNNY ISLES BEACH, FL / ACCESS Newswire / January 20, 2026 / For those who may not have seen our prior announcement, Elektros Inc. is pleased to reaffirm and outline its strategic objectives moving forward. The Company remains focused on advancing its lithium operations in Sierra Leone to meet the accelerating global demand for critical battery materials essential to electric vehicles and energy storage solutions.

As noted by Benzinga, the strategic importance of lithium continues to grow globally: "As the backbone of modern batteries powering everything from smartphones to electric vehicles, lithium's importance to the world economy cannot be overstated." - Benzinga

Elektros Inc. (OTC PINK:ELEK) is strategically focused on the advancement and development of its hard‑rock lithium project in Sierra Leone, Africa.

The Company has executed a joint venture ground lease agreement for mineral rights within the Tinkoko Chiefdom of Bo District, maintaining a 75% controlling interest while ensuring full compliance with Sierra Leonean mining regulations.

As of September 2025, Elektros Inc. has obtained an artisanal mining license and has stockpiled approximately 54 metric tons of hard‑rock lithium ore, positioned for export to the United States upon securing shipping capital.

Near‑term objectives include establishing continuous extraction and export operations, executing regular container shipments, securing long‑term offtake agreements with U.S. lithium refineries, and attracting strategic investment partners.

Cautionary Language Concerning Forward‑Looking Statements

This release contains forward‑looking statements that involve risks and uncertainties. Actual results may differ materially. For additional information, please refer to the Company's filings with the SEC at www.sec.gov. Elektros Inc. undertakes no obligation to update forward‑looking statements.

Contact:

Elektros Inc.
IR and Media Inquiries
Email: ElektrosInc@gmail.com
Website: www.elektros.energy

SOURCE: Elektros, Inc.



View the original press release on ACCESS Newswire

FAQ

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What did Elektros (ELEK) announce on January 20, 2026 about its lithium project?

Elektros reaffirmed plans to advance a hard‑rock lithium project in Sierra Leone, noting a JV ground lease with a 75% interest and objectives to export ore to the U.S.

How much lithium ore has Elektros (ELEK) stockpiled and when was the license obtained?

The company reported stockpiling approximately 54 metric tons of hard‑rock lithium ore and obtaining an artisanal mining license in September 2025.

What are Elektros (ELEK) near‑term objectives for its Sierra Leone operations?

Near‑term goals include establishing continuous extraction, executing regular container shipments, securing U.S. offtake agreements, and attracting strategic investors.

What is blocking Elektros (ELEK) from exporting its lithium ore to the U.S. now?

Exports are contingent on the company securing required shipping capital to move stockpiled ore to U.S. refineries.

What ownership stake does Elektros (ELEK) hold in the Sierra Leone mineral rights?

Elektros maintains a 75% controlling interest under a joint‑venture ground lease for mineral rights in Tinkoko Chiefdom, Bo District.

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