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Stardust Power Inc’s development of one of the largest American lithium producing refineries in Muskogee, Oklahoma, witnesses not just a significant economic investment, but a pioneering undertaking.
Stardust Power Inc’s development of one of the largest American lithium producing refineries in Muskogee, Oklahoma, witnesses not just a significant economic investment, but a pioneering undertaking.
By William Tates, Senior Vice President, Investor Relations, Stardust Power
Stardust Power Inc’s development of one of the largest American lithium producing refineries in Muskogee, Oklahoma, witnesses not just a significant economic investment, but a pioneering undertaking. Stardust Power emerges as a crucial player in the market, positioning itself as a leader in meeting the growing demand for domestic lithium manufacturing.
China dominates the global lithium and up to 85% of lithium refinery market, The emphasis on domestic manufacturing of battery-grade lithium is crucial for ensuring a stable and secure supply chain, mitigating risks associated with geopolitical tensions and supply chain disruptions. This is the primary cause for the noteworthy incentives provided by the U.S. government, inclusive of a substantial $98 billion from the DOE Loan Program Office, along with supplementary spending and tax incentives– highlighting the strategic importance assigned to cultivating domestic lithium production capabilities.
Stardust Power’s innovative approach revolves around its central lithium refinery, developing capacity of up to 50,000 tonnes of yearly battery-grade lithium. By focusing on American brine feedstock, Stardust Power id building a resilient supply chain harnessed around a large refinery. By optimizing the refinery to accept multiple brine inputs, it is revolutionizing the refinery capacity of America but also upstream on lithium brine production. The two work hand in hand together. Stardust Power not only fortifies resilience but also amplifies scalability in production, solidifying its position as a key contributor to American lithium production and reinforcing the security of the supply chain. At the forefront of Stardust Power is commitment to sustainable innovation. The company wholeheartedly embraces this ethos in both its extraction and production methodologies. Departing from traditional mining methods, the facility prioritizes lithium By William Tates, Senior Vice President, Investor Relations, Stardust Power brine feedstock with DLE and employs a chemical conversion process to yield high-purity lithium products.
Critical to their sustainability efforts is the facility’s zeroliquid- discharge system, complemented by a dedicated focus on low emissions through fully electric production lines and the recycling of wastewater for feedstock. This comprehensive approach places sustainability at the core of Stardust Power’s business model, resonating at the local, national, and global levels. As a result, every facet of its operations reflects a commitment to sustainable practices. It sources renewable energies like wind and solar for the refinery, Stardust Power actively mitigates its environmental impact at each step in the process.
``Stardust Power Inc. adopts a thorough and cohesive strategy, weaving together innovation, adaptability, sustainability, and a steadfast commitment to community and national interests``
Stardust Power seeks to invest more than $1 billion directly into building resilient N. American supply chains which includes a substantive injection into the local economy. It firmly positions the company as a key player driving both domestic lithium production and economic development. The upcoming construction and production phases of the lithium refinery are expected to create myriad employment opportunities, spanning fields like engineering, management, operations, and more. The creation of these high-paying jobs not only supports local households but also acts as a catalyst for increased economic activity in the region.
Stardust Power Inc. adopts a thorough and cohesive strategy, weaving together innovation, adaptability, sustainability, and a steadfast commitment to community and national interests. This solidifies the company as a leader in the battery-grade lithium industry. By using best in class technologies, working within the industry, and actively collaborating with various stakeholders, Stardust Power not only contributes to the electric vehicle revolution but also establishes fresh benchmarks for responsible and sustainable lithium production in the United States. Stardust Power charts a course for a future where American lithium takes center stage in propelling the next generation of clean energy technologies.