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Elektros Expands Global Footprint with Lithium Mining Lease

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Elektros (OTC PINK:ELEK), a leader in electric mobility, has secured a 13-year ground lease for a lithium mine in Sierra Leone, West Africa. This strategic move aims to capitalize on the region's rich lithium deposits and meet the growing global demand for lithium, driven by the expanding electric vehicle market and energy storage needs. CEO Shlomo Bleier emphasized the company's commitment to advancing sustainable energy solutions.

The global lithium-ion battery market is projected to reach $116.6 billion by 2030, with applications extending beyond EVs to include solar battery storage, data centers, and consumer electronics. This expansion aligns with Elektros's focus on innovation in electric mobility and sustainable energy solutions.

Elektros (OTC PINK:ELEK), leader nella mobilità elettrica, ha ottenuto un contratto di locazione di 13 anni per una miniera di litio in Sierra Leone, Africa occidentale. Questa mossa strategica mira a sfruttare i ricchi depositi di litio della regione e a soddisfare la crescente domanda globale di litio, alimentata dall'espansione del mercato dei veicoli elettrici e dalle esigenze di stoccaggio dell'energia. Il CEO Shlomo Bleier ha sottolineato l'impegno dell'azienda nell'avanzare soluzioni energetiche sostenibili.

Si prevede che il mercato globale delle batterie agli ioni di litio raggiunga 116,6 miliardi di dollari entro il 2030, con applicazioni che si estendono oltre i veicoli elettrici per includere lo stoccaggio di batterie solari, i centri di elaborazione dati e l'elettronica di consumo. Questa espansione si allinea con l'attenzione di Elektros per l'innovazione nella mobilità elettrica e le soluzioni energetiche sostenibili.

Elektros (OTC PINK:ELEK), líder en movilidad eléctrica, ha asegurado un contrato de arrendamiento de 13 años para una mina de litio en Sierra Leona, África Occidental. Este movimiento estratégico tiene como objetivo capitalizar los ricos depósitos de litio de la región y satisfacer la creciente demanda global de litio, impulsada por la expansión del mercado de vehículos eléctricos y las necesidades de almacenamiento de energía. El CEO Shlomo Bleier enfatizó el compromiso de la empresa con el avance de soluciones de energía sostenible.

Se proyecta que el mercado global de baterías de iones de litio alcance 116,6 mil millones de dólares para 2030, con aplicaciones que se extienden más allá de los vehículos eléctricos e incluyen almacenamiento de baterías solares, centros de datos y electrónica de consumo. Esta expansión se alinea con el enfoque de Elektros en la innovación en movilidad eléctrica y soluciones energéticas sostenibles.

Elektros (OTC PINK:ELEK)는 전기 이동 수단의 선두주자로서 서아프리카 시에라리온의 리튬 광산에 대한 13년 임대 계약을 체결했습니다. 이 전략적 움직임은 해당 지역의 풍부한 리튬 자원을 활용하고, 전기차 시장과 에너지 저장 수요의 증가에 따른 글로벌 리튬 수요를 충족시키기 위한 것입니다. CEO인 슬로모 블레이어는 지속 가능한 에너지 솔루션의 발전을 위한 회사의 의지를 강조했습니다.

전 세계 리튬 이온 배터리 시장은 2030년까지 1,166억 달러에 이를 것으로 예상됩니다, 그 응용 분야는 전기차를 넘어 솔라 배터리 저장, 데이터 센터 및 소비자 전자제품을 포함합니다. 이러한 확장은 전기 이동 수단 및 지속 가능한 에너지 솔루션 혁신에 대한 Elektros의 초점과 일치합니다.

Elektros (OTC PINK:ELEK), un leader dans la mobilité électrique, a sécurisé un contrat de location de 13 ans pour une mine de lithium en Sierra Leone, en Afrique de l'Ouest. Ce mouvement stratégique vise à capitaliser sur les riches dépôts de lithium de la région et à répondre à la demande mondiale croissante de lithium, alimentée par l'expansion du marché des véhicules électriques et les besoins en stockage d'énergie. Le PDG Shlomo Bleier a souligné l'engagement de l'entreprise à promouvoir des solutions énergétiques durables.

On s'attend à ce que le marché mondial des batteries au lithium-ion atteigne 116,6 milliards de dollars d'ici 2030, avec des applications qui s'étendent au-delà des véhicules électriques pour inclure le stockage de batteries solaires, les centres de données et l'électronique grand public. Cette expansion s'aligne avec l'accent mis par Elektros sur l'innovation dans la mobilité électrique et les solutions énergétiques durables.

Elektros (OTC PINK:ELEK), ein führendes Unternehmen in der elektrischen Mobilität, hat einen 13-jährigen Pachtvertrag für eine Lithiummine in Sierra Leone, Westafrika gesichert. Dieser strategische Schritt zielt darauf ab, die reichen Lithiumvorkommen der Region zu nutzen und der wachsenden globalen Nachfrage nach Lithium gerecht zu werden, die durch den expandierenden Markt für Elektrofahrzeuge und den Bedarf an Energiespeicherung angetrieben wird. CEO Shlomo Bleier betonte das Engagement des Unternehmens, nachhaltige Energielösungen voranzubringen.

Der globale Markt für Lithium-Ionen-Batterien wird voraussichtlich bis 2030 116,6 Milliarden Dollar erreichen, wobei die Anwendungen über Elektrofahrzeuge hinausgehen und Solar-Batteriespeicher, Rechenzentren und Unterhaltungselektronik umfassen. Diese Expansion steht im Einklang mit Elektros' Fokus auf Innovationen in der elektrischen Mobilität und nachhaltigen Energielösungen.

Positive
  • Secured a 13-year ground lease for a lithium mine in Sierra Leone
  • Strategic positioning to meet rising global demand for lithium
  • Aligns with projected growth of lithium-ion battery market to $116.6 billion by 2030
  • Expands company's involvement in sustainable energy solutions
Negative
  • None.

SUNNY ISLES BEACH, FL / ACCESSWIRE / August 25, 2024 / Elektros (OTC PINK:ELEK) ("Elektros" or "the Company"), a trailblazer in electric mobility, recently finalized a 13-year ground lease for a Lithium mine located in Sierra Leone, West Africa. The Company's strategic location in Southern Sierra Leone capitalizes on the region's rich lithium deposits, enhancing operational efficiency and sustainability.

"This milestone underscores Elektros's commitment to advancing sustainable energy solutions," said Shlomo Bleier, Chief Executive Officer at Elektros. "Securing this mining lease strategically positions us to meet the rising global demand for lithium, driven by the expanding electric vehicle market and growing energy storage needs."

The global lithium-ion battery market is projected to reach $116.6 billion by 2030, fueled by increasing adoption in EVs and renewable energy storage solutions.

Lithium's applications extend beyond EVs to include solar battery storage, data centers, and consumer electronics, aligning with global trends towards renewable energy and sustainability.

Lithium mining underscores Elektros's commitment to innovation in electric mobility and sustainable energy solutions.

About Elektros, Inc.

Elektros (OTC PINK:ELEK) is a vertically integrated sustainable energy company focused on lithium mining, electric vehicle charging, solar energy storage, and power supply for AI data centers. We are at the forefront of the clean energy transition, driving innovation in mobility and energy technologies to combat the global climate crisis and deliver transformative user experiences. www.elektros.energy

Cautionary Language Concerning Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.'s products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.'s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:

Elektros, Inc. IR and Media Inquiries
Email: ElektrosInc@gmail.com

SOURCE: Elektros, Inc.



View the original press release on accesswire.com

FAQ

What is the duration of Elektros's lithium mining lease in Sierra Leone?

Elektros (ELEK) has secured a 13-year ground lease for a lithium mine in Sierra Leone, West Africa.

Why is Elektros's lithium mining lease in Sierra Leone significant?

The lease strategically positions Elektros to meet the rising global demand for lithium, driven by the expanding electric vehicle market and growing energy storage needs.

What is the projected value of the global lithium-ion battery market by 2030?

The global lithium-ion battery market is projected to reach $116.6 billion by 2030, according to the press release.

What are some applications of lithium beyond electric vehicles?

Lithium applications extend to solar battery storage, data centers, and consumer electronics, aligning with global trends towards renewable energy and sustainability.

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