Investors and energy sector analysts: Stardust Power — the American developer of battery-grade lithium carbonate — 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.
About Stardust Power Inc.
Stardust Power is a developer of battery-grade lithium carbonate designed to bolster America’s energy security by building resilient supply chains. Stardust Power is developing a strategically central lithium processing facility in Muskogee, Oklahoma with the anticipated capacity of producing up to 50,000 metric tons per annum of battery-grade lithium carbonate. The Company is committed to sustainability at each point in the process. Stardust Power trades on the Nasdaq under the ticker symbol “SDST.”