Stardust Power Announces Q3 2024 Financial Results
Stardust Power an American developer of battery-grade lithium products, today announced its results for the third quarter ended September 30, 2024.
DetailsLithium-ion batteries are a critical component of electric vehicles and require significant amounts of lithium, either lithium hydroxide or lithium carbonate. California alone requires that by 2035, 100% of new cars and light trucks sold in the state will be zero emission vehicles. The Californian market is modeled by world markets, which has solidified the global energy transition to electrification.
Stardust Power an American developer of battery-grade lithium products, today announced its results for the third quarter ended September 30, 2024.
DetailsStardust Power announced that that it plans to release its third quarter 2024 financial results after market close on Wednesday, November 13, 2024.
DetailsMUFG has been engaged to play a crucial role in supporting fundraising and advisory services in connection with the development of the first phase of Stardust Power’s Muskogee, Oklahoma project.
DetailsChina’s control of the lithium refining industry has significant implications for the global electric vehicle industry and the transition to a cleaner energy future. As the demand for lithium-ion batteries continues to grow, the ability of China to control the supply and prices of key components like lithium hydroxide can have a significant impact on the cost and availability of electric vehicles.