What no one tells founders before a DESPAC: the deal itself is the easy part. Roshan Pujari took Stardust Power from a 2023 startup to a shovel-ready national lithium project in roughly three years — and he is refreshingly candid about the volatility, the hidden costs, and the discipline it took to survive year one as a newly public company.
Stardust Power is advancing development of its U.S.-based lithium refinery following a letter of intent supporting up to $150 million in project-level financing. The company says the financing structure is designed to strengthen the project’s valuation while limiting shareholder dilution as construction planning moves forward.
Can the US build lithium refining capacity that is actually bankable, operable, and competitive without relying on China? In Episode 3 of The SP Show, Dr. Srinivas Popuri sits down with Roshan Pujari, Founder & CEO of Stardust Power, to discuss the hard realities of building a lithium refinery in the US.
The Wall Street Analyzer’s staff of writers, analysts, publishers, producers, market researchers, and PR professionals aim to provide investors with the tools they need to make informed decisions on buying stock. They interview Roshan Pujari, CEO and Founder of Stardust Power.
In this interview, Founder and CEO Roshan Pujari breaks down why the project is positioned as a centrally located refinery hub, what de-risking milestones have already been completed, and what matters most as the company moves from engineering and permitting into financing, construction, and commissioning.
Roshan Pujari, CEO of Stardust Power, discusses progress toward building one of the largest lithium refineries in the United States, including a key construction hire, completion of advanced engineering studies, multiple upstream supply agreements, and more.
Stardust Power, an Oklahoma-based developer of battery-grade lithium, has partnered with 38 North Solutions, a leading D.C. advisory firm, to navigate federal funding and policy opportunities.
Stardust Power Completes Independent Engineering Review for U.S. Lithium Refinery – NewsOut
Investors and energy sector analysts: Stardust Power has signed an LOI with Mandrake Resources to secure 7,500 metric tons per year of lithium carbonate equivalent in the form of lithium chloride from Mandrake’s Utah Lithium Project.
Investors: Stardust Power has received formal written notice from the Nasdaq Stock Market confirming that, as of October 28, 2025, the company has no outstanding deficiency issues and is in full compliance with continued listing requirements.