Financial News
Elektros Begins Lithium Aggregate Shipments from Sierra Leona Site
SUNNY ISLES BEACH, FL / ACCESSWIRE / September 20, 2024 / Elektros (OTC PINK:ELEK) ("Elektros" or "the Company"), a leading innovator in electric mobility, announced it has begun initial shipment of raw aggregate from its Sierra Leone Lithium mining site.
Elektros has achieved a significant milestone in its operational progress, initiating the shipment of initial truckloads of unprocessed lithium aggregate from its Southern Sierra site to the city of Bo. This development marks a crucial step in the company's strategic plan, as the material is destined for eventual overseas shipment to the United States for further processing.
The commencement of these shipments underscores Elektros' strong operational momentum and successful navigation of regulatory requirements. The company has filed for licenses and permits, demonstrating its unwavering commitment to regulatory compliance and sustainable mining practices.
In parallel with these shipping activities, Elektros continues to make progress in site preparation at its Southern Sierra Leone Lithium mine location for increased production capacity in the near future. The company has also established comprehensive shipping and transportation logistics to ensure the efficient movement of lithium aggregate from mine to market.
These developments collectively position Elektros to capitalize on the growing demand for lithium, a key component in the rapidly expanding electric vehicle and energy storage markets.
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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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.
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