Latest news with #lithium
National Post
a day ago
- Business
- National Post
E3 Lithium Files First Quarter 2025 Financial Results and MD&A
Article content CALGARY, Alberta — E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), 'E3 Lithium' or the 'Company,' a leader in Canadian lithium, today filed its Unaudited Condensed Consolidated Interim Financial Statements for the three months ended March 31, 2025 and the accompanying Management's Discussion and Analysis ('MD&A') on its SEDAR+ profile at The financial statements and MD&A will also be available on E3 Lithium's website at Article content Article content ON BEHALF OF THE BOARD OF DIRECTORS Article content Chris Doornbos, President & CEO E3 Lithium Ltd. Article content E3 Lithium is a development company with a total of 16.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.9 million tonnes LCE Inferred mineral resources 2 in Alberta and 2.5 million tonnes LCE Inferred mineral resources 3 in Saskatchewan. The Clearwater Pre-Feasibility Study outlined a 1.13 Mt LCE proven and probable mineral reserve with a pre-tax NPV8% of USD 5.2 Billion with a 29.2% IRR and an after-tax NPV8% of USD 3.7 Billion with a 24.6% IRR 1. E3 Lithium's goal is to produce high purity, battery grade lithium products to power the growing electrical revolution. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world. Article content 1: The Clearwater Project NI 43-101 Pre-Feasibility Study, effective June 20, 2024, is available on the E3 Lithium's website ( and SEDAR+ ( Article content 2: The mineral resource NI 43-101 Technical Report for the North Rocky Property, effective October 27, 2017, identified 0.9 Mt LCE (inferred) and is available on the E3 Lithium's website ( and SEDAR+ ( Article content 3: The mineral resource NI 43-101 Technical Report for the Estevan Lithium District, effective May 23, 2024, identified 2.5 Mt LCE (inferred) and is available on the E3 Lithium's website ( and SEDAR+ ( Article content Unless otherwise indicated, Kevin Carroll, P. Eng., Chief Development Officer and a Qualified Person under National Instrument 43-101, has reviewed and is responsible for the technical information contained on this news release. Article content Forward-Looking and Cautionary Statements Article content This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions or forward-looking information within the meaning of applicable securities laws. Forward-looking statements are frequently identified by such words as 'believe', 'may', 'will', 'plan', 'expect', 'anticipate', 'estimate', 'intend', 'project', 'potential', 'possible' and similar words referring to future events and results. Forward-looking statements are based on the current opinions, expectations, estimates and assumptions of management in light of its experience, perception of historical trends, and results of the PFS, but such statements are not guarantees of future performance. In particular, this news release contains forward-looking information relating to: the estimated mineral resources and mineral resources at the Clearwater Project; expectations regarding the PFS, including statements regarding the results of the PFS and interpretations thereof; expectations concerning the Clearwater Project, including extraction, production, pretreatment, purification, volume reduction and conversion process and features and the expected outcomes thereof; the expected economic performance of the Clearwater Project, including capital costs, operating costs, water usage, land use and carbon emissions; statements regarding the Company's strategy for minimizing environmental impact and liquid waste and maximizing water reuse, with no planned tailings or waste piles; the potential for a secondary revenue stream should the Company be able to sell the calcium carbonate generated during the production of lithium hydroxide; plans and objectives of management for the Company's operations and the Clearwater Project; and the inherent hazards associated with mineral exploration and mining operations. In preparing the forward-looking information in this news release, the Company has applied several material assumptions, including, but not limited to, that any additional financing needed will be available on reasonable terms; the exchange rates for the U.S. and Canadian currencies will be consistent with the Company's expectations; that the current exploration, development, environmental and other objectives concerning the Clearwater Project can be achieved and that its other corporate activities will proceed as expected; that the current price and demand for lithium will be sustained or will improve; that general business and economic conditions will not change in a materially adverse manner and that all necessary governmental approvals for the planned activities on the Clearwater Project will be obtained in a timely manner and on acceptable terms; the continuity of the price of lithium. Article content All forward-looking information (including future-orientated financial information) is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the effectiveness and feasibility of emerging lithium extraction technologies which have not yet been tested or proven on a commercial scale or on the Company's brine, risks related to the availability of financing on commercially reasonable terms and the expected use of proceeds; operations and contractual obligations; changes in estimated mineral reserves or mineral resources; future prices of lithium and other metals; availability of third party contractors; availability of equipment; failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry; the Company's lack of operating revenues; currency fluctuations; risks related to dependence on key personnel; estimates used in financial statements proving to be incorrect; competitive risks and the availability of financing, as described in more detail in our recent securities filings available under the Company's profile on SEDAR+ at Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law. Article content Article content Article content Article content Contacts Article content E3 Lithium – Investor Relations Alexis de la Renaudiere Investor Relations investor@ 587-324-2775 Article content Article content Article content
National Post
3 days ago
- Business
- National Post
Lithium Royalty Corp. Announces Voting Results
Article content TORONTO — Lithium Royalty Corp. (TSX: LIRC) ('LRC') announced the successful election of each of the director nominees listed in the management proxy circular for the annual and special meeting of shareholders held today. The detailed voting results are set out below: Article content Article content Shareholders also appointed KPMG LLP, as the independent auditor of LRC, for the next year and the directors were authorized to fix its remuneration. Article content In addition, shareholders approved the renewal of the Company's omnibus equity incentive plan and all unallocated awards thereunder. Article content A report on all items of business voted at the Annual and Special Meeting of Shareholders has been filed on SEDAR+. Article content About Lithium Royalty Corp. Article content LRC is a lithium-focused royalty company organized in Canada, which has established a globally diversified portfolio of 35 revenue royalties on mineral properties that are related to the electrification and decarbonization of the global economy. The Company's royalty portfolio is focused on the battery supply chain for the transportation and energy storage industries and is underpinned by mineral properties that produce or are expected to produce lithium and other battery materials. LRC is a signatory to the Principles for Responsible Investment; the integration of ESG factors and sustainable mining are considerations in our investment analysis and royalty acquisitions. Article content Article content Article content Article content Contacts Article content Article content Article content
Associated Press
3 days ago
- Business
- Associated Press
Paradigm Shift Opportunity for Billionaires, Millennials, and Savvy Investors Alike - Bottom Basement Entry Right Here, Right Now
Elektros Inc. (OTC: ELEK) surged by an astounding 344% yesterday, climbing from $0.0125 to $0.0555 per share. This explosive move reflects skyrocketing momentum as the market reacts to Elektros' massive lithium discovery in Sierra Leone. The excitement is palpable, and momentum is building fast. Now is the time for visionaries, billionaires, and millennials alike to join forces with Elektros Inc. and take part in shaping the future of clean energy. With early-stage traction, visionary leadership, and a clear path to growth, Elektros Inc. is destined to transform from a small-cap explorer into one of the next global lithium powerhouses. The company mirrors the early rise of industry titans like Albemarle and SQM-and this is the inflection point. The ground floor is open. Don't miss the ascent. SUNNY ISLES BEACH, FL / ACCESS Newswire / May 28, 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. According to Reuters, 'Lithium is the irreplaceable element powering the electric vehicle boom and the clean energy revolution. Its strategic importance has made it one of the most sought-after minerals in the world, drawing major investment and global competition.' Lithium: The 'White Gold' Powering the EV Revolution Ground-Floor Opportunity to Power the EV Future: Elektros Inc. Ignites Lithium Revolution for Billionaires & Millennials Global Lithium Leaders Paving the Way As Elektros Inc. advances its lithium discovery in Sierra Leone, it follows in the path of some of the most successful lithium companies in the world. These five industry leaders represent the immense potential of the sector-and Elektros aims to join their ranks as it scales operations and builds investor value: 1. Albemarle Corporation (ALB) - A global leader in lithium production, Albemarle operates extraction and processing facilities around the world, supplying lithium hydroxide and carbonate for electric vehicles and energy storage. 2. Piedmont Lithium Inc. (PLL) - A key player focused on developing lithium projects in the U.S., Piedmont aims to supply domestic battery manufacturers with high-quality lithium hydroxide from its integrated operations. 3. Sociedad Química y Minera de Chile (SQM) - Extracting lithium from rich brine sources in Chile's Atacama Desert, SQM is one of the largest lithium producers globally, serving the growing demand from EV and tech sectors. 4. Lithium Americas Corp. (LAC) - With major projects in Nevada and Argentina, Lithium Americas is developing large-scale lithium resources to support the clean energy transition and EV market growth. 5. Ganfeng Lithium Co., Ltd. (GNEN.F) - A vertically integrated lithium powerhouse, Ganfeng sources, refines, and supplies lithium materials to the world's top EV and battery companies across multiple continents. While Elektros Inc. is still in the early stages, our strategic discovery in Sierra Leone and commitment to clean energy innovation position us to grow and evolve into a global lithium force just like these established leaders. This is the inflection point-now is the time to get involved and grow with us. 'Lithium is the linchpin of the clean energy and artificial intelligence revolutions. It powers not only the electric vehicles transforming transportation, but also the data centers driving tomorrow's AI breakthroughs.' - Reuters 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. According to Benzinga, 'Lithium is the lifeblood of the electric vehicle industry. Every EV-from Tesla to BMW-relies on this rare-earth element to power its battery technology. As global demand accelerates, lithium is becoming not just a valuable commodity, but an irreplaceable strategic resource for the clean energy future.' According to Reuters, 'Lithium is the irreplaceable element powering the electric vehicle boom and the clean energy revolution. Its strategic importance has made it one of the most sought-after minerals in the world, drawing major investment and global competition.' Additional Global Lithium Leaders to Watch: Sigma Lithium (SGML) - A sustainable lithium producer focused on environmentally responsible extraction in Brazil. Livent Corporation (LTHM) - Specializes in lithium compounds and technologies used in EV batteries and energy storage. Avalon Advanced Materials (AVL) - Engaged in the exploration and development of critical minerals including lithium across Canada. Neo Lithium Corp. (NLC) - Operates lithium brine projects with high-grade resources in South America's Lithium Triangle. Critical Elements Lithium Corporation (CRE) - Developing high-purity lithium projects to supply the growing EV and tech sectors. Just like the five lithium leaders mentioned above, Elektros Inc. is rapidly advancing toward becoming a major player in the global lithium supply chain. Our recent lithium discoveries in Sierra Leone are not only high-grade and strategically located, but they represent a crucial addition to the global market at a time when demand is exploding. This is more than just exploration-it's the beginning of a transformation. Elektros Inc. is in the early stages, just as these now-established giants once were. With visionary leadership, a streamlined share structure, and commitment to sustainability and innovation, Elektros is on track to evolve into a dominant force in the rare-earth mineral space. The phenomenal lithium deposits we've uncovered are key to powering electric vehicles, renewable energy, and future technologies. This is the golden moment for forward-thinking investors. As Elektros grows, the opportunity to be part of a lithium unicorn in its rise is now. Join us at the ground level and watch the future unfold with Elektros Inc. Contact Us: Email: [email protected] Website: Facebook: According to Benzinga, 'For the savvy investor, lithium presents a once-in-a-generation opportunity. With demand skyrocketing and supply limited, early-stage companies like Elektros Inc. could deliver exponential returns in the rapidly expanding clean energy sector.' SOURCE: Elektros, Inc. press release
Associated Press
3 days ago
- Business
- Associated Press
Elektros Inc. Leads the Lithium Paradigm Shift: A Once-in-a-Lifetime Ground-Floor Opportunity for Billionaires & Millennials
Elektros Inc. (OTC: ELEK) surged by an astounding 344% today, climbing from $0.0125 to $0.0555 per share. This explosive move reflects skyrocketing momentum as the market reacts to Elektros' massive lithium discovery in Sierra Leone. The excitement is palpable, and momentum is building fast. Now is the time for visionaries, billionaires, and millennials alike to join forces with Elektros Inc. and take part in shaping the future of clean energy. With early-stage traction, visionary leadership, and a clear path to growth, Elektros Inc. is destined to transform from a small-cap explorer into one of the next global lithium powerhouses. The company mirrors the early rise of industry titans like Albemarle and SQM-and this is the inflection point. The ground floor is open. Don't miss the ascent. SUNNY ISLES BEACH, FL / ACCESS Newswire / May 28, 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. According to Reuters, 'Lithium is the irreplaceable element powering the electric vehicle boom and the clean energy revolution. Its strategic importance has made it one of the most sought-after minerals in the world, drawing major investment and global competition.' Lithium: The 'White Gold' Powering the EV Revolution Ground-Floor Opportunity to Power the EV Future: Elektros Inc. Ignites Lithium Revolution for Billionaires & Millennials Global Lithium Leaders Paving the Way As Elektros Inc. advances its lithium discovery in Sierra Leone, it follows in the path of some of the most successful lithium companies in the world. These five industry leaders represent the immense potential of the sector-and Elektros aims to join their ranks as it scales operations and builds investor value: 1. Albemarle Corporation (ALB) - A global leader in lithium production, Albemarle operates extraction and processing facilities around the world, supplying lithium hydroxide and carbonate for electric vehicles and energy storage. 2. Piedmont Lithium Inc. (PLL) - A key player focused on developing lithium projects in the U.S., Piedmont aims to supply domestic battery manufacturers with high-quality lithium hydroxide from its integrated operations. 3. Sociedad Química y Minera de Chile (SQM) - Extracting lithium from rich brine sources in Chile's Atacama Desert, SQM is one of the largest lithium producers globally, serving the growing demand from EV and tech sectors. 4. Lithium Americas Corp. (LAC) - With major projects in Nevada and Argentina, Lithium Americas is developing large-scale lithium resources to support the clean energy transition and EV market growth. 5. Ganfeng Lithium Co., Ltd. (GNEN.F) - A vertically integrated lithium powerhouse, Ganfeng sources, refines, and supplies lithium materials to the world's top EV and battery companies across multiple continents. While Elektros Inc. is still in the early stages, our strategic discovery in Sierra Leone and commitment to clean energy innovation position us to grow and evolve into a global lithium force just like these established leaders. This is the inflection point-now is the time to get involved and grow with us. 'Lithium is the linchpin of the clean energy and artificial intelligence revolutions. It powers not only the electric vehicles transforming transportation, but also the data centers driving tomorrow's AI breakthroughs.' - Reuters 'Lithium is the fuel of the 21st-century energy revolution. It powers every electric vehicle on the road and is at the heart of a paradigm shift away from fossil fuels. As the EV revolution accelerates, lithium has become the cornerstone of clean transportation and energy independence.' - Benzinga 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. According to Benzinga, 'Lithium is the lifeblood of the electric vehicle industry. Every EV-from Tesla to BMW-relies on this rare-earth element to power its battery technology. As global demand accelerates, lithium is becoming not just a valuable commodity, but an irreplaceable strategic resource for the clean energy future.' According to Reuters, 'Lithium is the irreplaceable element powering the electric vehicle boom and the clean energy revolution. Its strategic importance has made it one of the most sought-after minerals in the world, drawing major investment and global competition.' Contact: [email protected] | | Additional Global Lithium Leaders to Watch: Sigma Lithium (SGML) - A sustainable lithium producer focused on environmentally responsible extraction in Brazil. Livent Corporation (LTHM) - Specializes in lithium compounds and technologies used in EV batteries and energy storage. Avalon Advanced Materials (AVL) - Engaged in the exploration and development of critical minerals including lithium across Canada. Neo Lithium Corp. (NLC) - Operates lithium brine projects with high-grade resources in South America's Lithium Triangle. Critical Elements Lithium Corporation (CRE) - Developing high-purity lithium projects to supply the growing EV and tech sectors. Just like the five lithium leaders mentioned above, Elektros Inc. is rapidly advancing toward becoming a major player in the global lithium supply chain. Our recent lithium discoveries in Sierra Leone are not only high-grade and strategically located, but they represent a crucial addition to the global market at a time when demand is exploding. This is more than just exploration-it's the beginning of a transformation. Elektros Inc. is in the early stages, just as these now-established giants once were. With visionary leadership, a streamlined share structure, and commitment to sustainability and innovation, Elektros is on track to evolve into a dominant force in the rare-earth mineral space. The phenomenal lithium deposits we've uncovered are key to powering electric vehicles, renewable energy, and future technologies. This is the golden moment for forward-thinking investors. As Elektros grows, the opportunity to be part of a lithium unicorn in its rise is now. Join us at the ground level and watch the future unfold with Elektros Inc. Contact Us: Email: [email protected] Website: Facebook: SOURCE: Elektros, Inc. press release
Associated Press
3 days ago
- Business
- Associated Press
Billionaires & Millennials Unite: Ground-Floor Chance with Elektros Inc. to Power the EV Lithium Revolution
Elektros Inc. (OTC:ELEK) surged by an astounding 344% today, climbing from $0.0125 to $0.0555 per share. This explosive move reflects skyrocketing momentum as the market reacts to Elektros' massive lithium discovery in Sierra Leone. The excitement is palpable, and momentum is building fast. Now is the time for visionaries, billionaires, and millennials alike to join forces with Elektros Inc. and take part in shaping the future of clean energy. With early-stage traction, visionary leadership, and a clear path to growth, Elektros Inc. is destined to transform from a small-cap explorer into one of the next global lithium powerhouses. The company mirrors the early rise of industry titans like Albemarle and SQM—and this is the inflection point. The ground floor is open. Don't miss the ascent. SUNNY ISLES BEACH, FLORIDA / ACCESS Newswire / May 28, 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. According to Reuters, 'Lithium is the irreplaceable element powering the electric vehicle boom and the clean energy revolution. Its strategic importance has made it one of the most sought-after minerals in the world, drawing major investment and global competition.' Lithium: The 'White Gold' Powering the EV Revolution Global Lithium Leaders Paving the Way As Elektros Inc. advances its lithium discovery in Sierra Leone, it follows in the path of some of the most successful lithium companies in the world. These five industry leaders represent the immense potential of the sector-and Elektros aims to join their ranks as it scales operations and builds investor value: 1. Albemarle Corporation (ALB) - A global leader in lithium production, Albemarle operates extraction and processing facilities around the world, supplying lithium hydroxide and carbonate for electric vehicles and energy storage. 2. Piedmont Lithium Inc. (PLL) - A key player focused on developing lithium projects in the U.S., Piedmont aims to supply domestic battery manufacturers with high-quality lithium hydroxide from its integrated operations. 3. Sociedad Química y Minera de Chile (SQM) - Extracting lithium from rich brine sources in Chile's Atacama Desert, SQM is one of the largest lithium producers globally, serving the growing demand from EV and tech sectors. 4. Lithium Americas Corp. (LAC) - With major projects in Nevada and Argentina, Lithium Americas is developing large-scale lithium resources to support the clean energy transition and EV market growth. 5. Ganfeng Lithium Co., Ltd. (GNEN.F) - A vertically integrated lithium powerhouse, Ganfeng sources, refines, and supplies lithium materials to the world's top EV and battery companies across multiple continents. While Elektros Inc. is still in the early stages, our strategic discovery in Sierra Leone and commitment to clean energy innovation position us to grow and evolve into a global lithium force just like these established leaders. This is the inflection point-now is the time to get involved and grow with us. 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. 'Lithium demand has surged due to its indispensable role in electric vehicles and the expanding AI-driven data center industry,' reports Reuters. 'As global economies shift toward digital and clean energy futures, lithium is becoming one of the most strategically vital resources of the 21st century.' 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. According to Benzinga, 'Lithium is the lifeblood of the electric vehicle industry. Every EV-from Tesla to BMW-relies on this rare-earth element to power its battery technology. As global demand accelerates, lithium is becoming not just a valuable commodity, but an irreplaceable strategic resource for the clean energy future.' According to Reuters, 'Lithium is the irreplaceable element powering the electric vehicle boom and the clean energy revolution. Its strategic importance has made it one of the most sought-after minerals in the world, drawing major investment and global competition.' Contact: [email protected] | | Additional Global Lithium Leaders to Watch: Sigma Lithium (SGML) - A sustainable lithium producer focused on environmentally responsible extraction in Brazil. Livent Corporation (LTHM) - Specializes in lithium compounds and technologies used in EV batteries and energy storage. Avalon Advanced Materials (AVL) - Engaged in the exploration and development of critical minerals including lithium across Canada. Neo Lithium Corp. (NLC) - Operates lithium brine projects with high-grade resources in South America's Lithium Triangle. Critical Elements Lithium Corporation (CRE) - Developing high-purity lithium projects to supply the growing EV and tech sectors. Just like the five lithium leaders mentioned above, Elektros Inc. is rapidly advancing toward becoming a major player in the global lithium supply chain. Our recent lithium discoveries in Sierra Leone are not only high-grade and strategically located, but they represent a crucial addition to the global market at a time when demand is exploding. This is more than just exploration-it's the beginning of a transformation. Elektros Inc. is in the early stages, just as these now-established giants once were. With visionary leadership, a streamlined share structure, and commitment to sustainability and innovation, Elektros is on track to evolve into a dominant force in the rare-earth mineral space. The phenomenal lithium deposits we've uncovered are key to powering electric vehicles, renewable energy, and future technologies. This is the golden moment for forward-thinking investors. As Elektros grows, the opportunity to be part of a lithium unicorn in its rise is now. Join us at the ground level and watch the future unfold with Elektros Inc. 'Lithium demand has surged due to its indispensable role in electric vehicles and the expanding AI-driven data center industry,' reports Reuters. 'As global economies shift toward digital and clean energy futures, lithium is becoming one of the most strategically vital resources of the 21st century.' Contact: [email protected] SOURCE: Elektros, Inc. press release
