ELEKTROS INC. SURGES AHEAD: Lightning Strike Lithium Discovery Supercharges the EV Revolution

Rhea-AI Summary

Elektros (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 revealed lithium concentrations exceeding initial projections, positioning Elektros strategically in the rapidly growing EV battery supply chain. CEO Shlomo Bleier emphasized the transformative nature of these findings, which align with increasing global demand for lithium in electric vehicle batteries and renewable energy storage. The discovery is particularly significant as industry forecasts from the IEA predict lithium demand could increase up to 42 times by 2040, with a projected CAGR of 10% through 2026. This development could help address supply bottlenecks in the lithium market while diversifying global supply chains away from traditional markets.

Positive

• Discovery of potentially one of West Africa's largest lithium deposits
• Lithium concentrations exceeded initial projections
• Strategic positioning in high-growth EV battery supply chain
• Opportunity to capitalize on projected 42x increase in lithium demand by 2040
• Potential to diversify global lithium supply chains

Negative

• Early-stage discovery with no confirmed production timeline
• Operating in Sierra Leone may present geopolitical risks
• Company trades on OTC Pink market, indicating higher risk
• Subject to market volatility and commodity price fluctuations

SUNNY ISLES BEACH, FL / ACCESS Newswire / May 25, 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."

Lithium, often called the "white gold" of the energy sector, is one of the most coveted and strategically essential commodities in the global economy today. It is the critical element powering every electric vehicle (EV) on the market-from Tesla and Mercedes-Benz to BMW and Lexus. Its high energy density, lightweight nature, and rechargeable capabilities make it indispensable for lithium-ion batteries, which are the heartbeat of the EV industry.

According to Benzinga, "Thanks to global green initiatives and the increasing demand for electric vehicles (EVs), lithium stocks could be a good place to invest if you're looking for growth and capital appreciation." Benzinga further notes that lithium demand is projected to rise with a compound annual growth rate (CAGR) of 10% through 2026, fueled by the shift to electric transportation and renewable energy.

The International Energy Agency (IEA) predicts lithium demand could surge up to 42 times by 2040, driven by unprecedented demand for clean technologies. But with supply bottlenecks and limited global extraction sites, companies with early-stage discoveries like Elektros Inc. are positioned for long-term impact and success.

Benzinga highlights several lithium-related stocks as high-growth investments, and Elektros Inc.'s recent breakthrough in Sierra Leone places it firmly on the radar of institutional and retail investors alike. The company's ability to deliver high-grade, ethically sourced lithium aligns with both market needs and environmental priorities.

With the world at a tipping point between fossil fuel dependency and clean energy dominance, lithium remains not just a commodity, but a global catalyst for innovation and transformation.

Lithium: The 'White Gold' Powering the EV Revolution

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.

SOURCE: Elektros, Inc.

View the original press release on ACCESS Newswire

FAQ

What is the significance of Elektros (ELEK) lithium discovery in Sierra Leone?

Elektros' lithium discovery in Sierra Leone could potentially be one of West Africa's largest deposits, with concentrations exceeding initial projections. This is significant as global lithium demand is expected to surge up to 42 times by 2040 due to EV battery requirements.

How does the ELEK lithium discovery impact the electric vehicle industry?

The discovery could help address critical lithium supply bottlenecks in the EV industry by providing a new source of high-grade lithium, which is essential for EV battery production and has been identified by industry leaders like Elon Musk as a key constraint to EV growth.

What is the projected growth rate for lithium demand according to Elektros' announcement?

According to the press release, lithium demand is projected to grow at a compound annual growth rate (CAGR) of 10% through 2026, with the International Energy Agency predicting up to 42 times increase in demand by 2040.

Who is the CEO of Elektros (ELEK) and what is their vision for the lithium discovery?

Shlomo Bleier is the CEO of Elektros. He describes the Sierra Leone findings as 'transformative' and sees the discovery as propelling the company into a new era of energy innovation, aligned with global demands for clean power sources.

What are the potential risks associated with Elektros' (ELEK) lithium project?

The project faces risks including its early-stage nature, geopolitical challenges of operating in Sierra Leone, trading on the OTC Pink market, and exposure to commodity price fluctuations, as noted in their forward-looking statements.