Elektros Secures Lithium Mining Lease in Sierra Leone
Elektros (OTC PINK:ELEK) has signed a 13-year ground lease agreement for a lithium mining project in Sierra Leone's Bo District. The company has begun initial preparations, with first shipments of lithium-bearing rock aggregate expected soon. This move aligns with the growing global demand for lithium, driven by the electric vehicle (EV) market and energy storage solutions.
The global lithium-ion battery market is projected to reach $116.6 billion by 2030, with a CAGR of 18.0% from 2021 to 2030. Sierra Leone's investor-friendly policies and rich lithium deposits make it an attractive destination for mining operations. As the world shifts towards renewable energy and sustainable technologies, the demand for lithium is expected to increase significantly.
Elektros (OTC PINK:ELEK) ha firmato un contratto di locazione del suolo di 13 anni per un progetto di estrazione di litio nel distretto di Bo, in Sierra Leone. L'azienda ha avviato le preparazioni iniziali, con le prime spedizioni di aggregati rocciosi contenenti litio attese a breve. Questa mossa si allinea con la crescente domanda globale di litio, spinta dal mercato dei veicoli elettrici (EV) e dalle soluzioni per lo stoccaggio energetico.
Si prevede che il mercato globale delle batterie agli ioni di litio raggiunga 116,6 miliardi di dollari entro il 2030, con un CAGR del 18,0% dal 2021 al 2030. Le politiche favorevoli agli investitori della Sierra Leone e i ricchi depositi di litio la rendono una meta attraente per le operazioni minerarie. Con la transizione globale verso energie rinnovabili e tecnologie sostenibili, si prevede un aumento significativo della domanda di litio.
Elektros (OTC PINK:ELEK) ha firmado un contrato de arrendamiento de terreno de 13 años para un proyecto de minería de litio en el distrito de Bo, en Sierra Leone. La empresa ha comenzado los preparativos iniciales, esperando que las primeras remesas de agregado rocoso que contiene litio lleguen pronto. Este movimiento se alinea con la creciente demanda global de litio, impulsada por el mercado de vehículos eléctricos (EV) y soluciones de almacenamiento de energía.
Se proyecta que el mercado global de baterías de iones de litio alcance 116.6 mil millones de dólares para el 2030, con un CAGR del 18.0% desde 2021 hasta 2030. Las políticas favorables a los inversores de Sierra Leone y los ricos depósitos de litio hacen de este país un destino atractivo para las operaciones mineras. A medida que el mundo avanza hacia las energías renovables y tecnologías sostenibles, se espera que la demanda de litio aumente significativamente.
Elektros (OTC PINK:ELEK)는 시에라리온의 보 지구에서 리튬 광산 프로젝트를 위한 13년 지상 임대 계약을 체결했습니다. 회사는 초기 준비를 시작했으며, 리튬 함유 암석 골재의 첫 번째 선적이 곧 이루어질 것으로 예상하고 있습니다. 이 조치는 전기차(EV) 시장과 에너지 저장 솔루션에 의해 촉진되는 전 세계의 리튬 수요 증가에 부합합니다.
전 세계 리튬 이온 배터리 시장은 2030년까지 1166억 달러에 이를 것으로 예상되며, 2021년부터 2030년까지 연평균 성장률(CAGR)은 18.0%입니다. 시에라리온의 투자 친화적인 정책과 풍부한 리튬 매장량은 채굴 운영에 매력적인 목적지를 만듭니다. 세계가 재생 가능 에너지와 지속 가능한 기술로 전환함에 따라 리튬에 대한 수요는 상당히 증가할 것으로 예상됩니다.
Elektros (OTC PINK:ELEK) a signé un contrat de location de terrain de 13 ans pour un projet d'extraction de lithium dans le district de Bo en Sierra Leone. L'entreprise a commencé les préparations initiales, avec les premières expéditions d'agrégats rocheux contenant du lithium attendues bientôt. Ce mouvement s'inscrit dans la demande mondiale croissante de lithium, propulsée par le marché des véhicules électriques (EV) et les solutions de stockage d'énergie.
Le marché mondial des batteries lithium-ion devrait atteindre 116,6 milliards de dollars d'ici 2030, avec un TCAC de 18,0 % entre 2021 et 2030. Les politiques favorables aux investisseurs de la Sierra Leone et les riches dépôts de lithium en font une destination attrayante pour les opérations minières. Alors que le monde se tourne vers les énergies renouvelables et les technologies durables, la demande de lithium devrait augmenter considérablement.
Elektros (OTC PINK:ELEK) hat einen 13-jährigen Grundstücksleasingvertrag für ein Lithiumbergbauprojekt im Bo-Distrikt von Sierra Leone unterzeichnet. Das Unternehmen hat mit den ersten Vorbereitungen begonnen, und die ersten Lieferungen von lithiumhaltigem Gesteinsaggregate werden bald erwartet. Dieser Schritt entspricht der wachsenden globalen Nachfrage nach Lithium, die durch den Markt für Elektrofahrzeuge (EV) und Energiespeicherlösungen vorangetrieben wird.
Der weltweite Markt für Lithium-Ionen-Batterien wird bis 2030 voraussichtlich 116,6 Milliarden Dollar erreichen, mit einer CAGR von 18,0% von 2021 bis 2030. Die investorenfreundlichen Richtlinien von Sierra Leone und die reichen Lithiumvorkommen machen es zu einem attraktiven Ziel für Bergbauaktivitäten. Da die Welt zu erneuerbaren Energien und nachhaltigen Technologien übergeht, wird ein signifikanter Anstieg der Nachfrage nach Lithium erwartet.
- Secured a 13-year lease for lithium mining in Sierra Leone
- Initial preparations at the mining site have begun
- First shipments of lithium-bearing rock aggregate expected soon
- Aligns with growing global demand for lithium in EV and energy storage markets
- Sierra Leone offers investor-friendly policies and rich lithium deposits
- Mining operations may require significant capital investment
- Potential operational risks associated with mining in a foreign country
- Success depends on future lithium demand and market prices
SUNNY ISLES BEACH, FL / ACCESSWIRE / August 22, 2024 / Elektros (OTC PINK:ELEK) ("Elektros" or "the Company"), an emerging leader in the electric mobility industry, announced today it has signed lease agreement for Lithium mining project in Sierra Leone.
On August 15, 2024, the Company entered into a 13-year ground lease agreement for Lithium mine located at Gbu-Gbu village Gawola Town in the Tinkoko chiefdom Bo District in the southern part of Sierra Leone, West Africa.
The purpose of the lease is to commence lithium mining operation and management of a multi-family residential apartment for laborers of the mining operation as needed.
The Company has already begun initial preparations at the mining site, with the first shipments of lithium-bearing rock aggregate expected to be ready for off-site processing and milling in the coming weeks.
The global demand for lithium has been steadily rising, driven primarily by the growing electric vehicle (EV) market and the increasing need for large-scale energy storage solutions. According to a recent industry report, the global lithium-ion battery market is expected to reach
Sierra Leone has emerged as an attractive destination for lithium mining due to its investor-friendly policies and abundant natural resources. The country has been actively promoting its mining sector, offering competitive tax incentives and streamlining regulatory processes to attract foreign investment. Additionally, the southern region of Sierra Leone, where the Company's mining operation is located, is known for its rich lithium deposits.
Lithium has a wide range of applications beyond EVs, including solar battery storage, data centers, and consumer electronics. As the world continues to transition towards renewable energy and sustainable technologies, the demand for this critical mineral is expected to dramatically increase in the coming years.
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
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Email: ElektrosInc@gmail.com
SOURCE: Elektros, Inc.
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