Roshan Pujari, founder and CEO of Stardust Power, shares some updates including a major offtake agreement with Sumitomo Corporation, securing a significant portion of Stardust’s production capacity.
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Stardust Power, a US-based developer of battery-grade lithium products, has broken ground on the construction of a lithium refinery at the Southside Industrial Park in Muskogee, Oklahoma.
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Sumitomo, a Japan-based integrated trading company has agreed to acquire 20,000 metric tons per annum of Stardust Power’s first line of production of battery-grade lithium carbonate from its future Muskogee refinery.
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Less than two weeks after Stardust Power Inc. broke ground on its lithium refinery in Muskogee, Okla., Sumitomo has entered into a preliminary agreement to acquire 80% of the battery-grade lithium carbonate to be produced at the strategically located American Heartland battery materials plant.
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TELESTO STRATEGY – Tariffs, Energy Crisis, and AI – an industrial executive view
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Paramita Das, Chief Strategy Officer & Senior Advisor to the CEO at Stardust Power, discusses the current lithium landscape and how the company is pioneering responsible US lithium production.
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With an unpredictable geopolitical landscape and US lithium demands projected to skyrocket over 500% by 2030, now is the time for American innovation in the outdated lithium refinement industry.
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Stardust Power officially started on-site construction operations at its $1.2 billion lithium refinery in Muskogee County, Oklahoma. Along with officials representing Stardust Power, Oklahoma’s Lieutenant Governor, Matt Pinnell was present at this groundbreaking event.
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On Wednesday, representatives from the Oklahoma Department of Commerce were on hand in Muskogee, Oklahoma, to celebrate the groundbreaking of one of the largest lithium refineries in the country.
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FOX23 News Tulsa reports on Stardust Power building one of the largest lithium refineries in the entire country, based in Green Country.
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2024 has been a watershed year for Stardust Power. We are deeply grateful to our team, partners, stakeholders, and investors, and look forward to an exciting 2025.
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Thank you@Nasdaq for supporting Stardust Power’s milestone completion of our Muskogee site acquisition and key permit.
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