ELEKTROS Advances Sierra Leone Lithium, US Patent 12,522,100 as EV Sales Reach 30%
Updated
Updated · Yahoo Finance · Aug 12
ELEKTROS Advances Sierra Leone Lithium, US Patent 12,522,100 as EV Sales Reach 30%
2 articles · Updated · Yahoo Finance · Aug 12
Summary
ELEKTROS said it is pushing ahead with hard-rock lithium opportunities in Sierra Leone while advancing U.S. Patent No. 12,522,100 B1 for EV charging technology.
The company tied those two efforts to rising demand from AI, advanced computing, data centers, electric transport and grid infrastructure, which it says require more power, storage and charging efficiency.
Patent 12,522,100 B1 is aimed at improving charging efficiency and cutting charging times, while the Sierra Leone project supports ELEKTROS's broader critical-minerals supply strategy.
Public commentary cited in the release underscored the backdrop: The Economist said 30% of cars sold in 2026 were expected to be EVs, and Elon Musk called lithium-ion the enabling chemistry for electric cars.