StreetInsider.com News Articles

Stardust Power signs lithium supply deal with Mandrake Resources

Mon, 03 Nov 2025 07:00:13 -0500

Stardust Power Inc. (NASDAQ: SDST) entered into a letter of intent with Mandrake Resources Limited to secure 7,500 metric tons per annum of lithium carbonate equivalent in the form of lithium chloride from Mandrake's Utah Lithium Project, according to a company statement.

The lithium chloride will supply Stardust Power's processing facility in Muskogee, Oklahoma. The agreement covers a twelve-year term with an optional six-year extension at Stardust Power's discretion.

The agreement is non-binding and subject to execution of a definitive purchase agreement. The lithium chloride will be delivered to the Port of Muskogee, located near the Stardust Power site.

Mandrake's Utah Lithium Project

Stardust Power signs lithium supply deal with Mandrake Resources

Mon, 03 Nov 2025 07:00:13 -0500

The agreement is non-binding and subject to execution of a definitive purchase agreement. The lithium chloride will be delivered to the Port of Muskogee, located near the Stardust Power site.

Mandrake's Utah Lithium Project

Stardust Power Strengthens U.S. Lithium Supply Chain with Mandrake Lithium

Mon, 03 Nov 2025 06:56:00 -0500

GREENWICH, Conn., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”) an American developer of battery-grade lithium carbonate, announced today that it has entered into a Letter of Intent (“the Agreement”) with Mandrake Resources Limited to secure 7,500 metric tons per annum of lithium carbonate equivalent (“LCE”) in the form of lithium chloride from Mandrake’s Utah Lithium Project (“Utah” project). The lithium chloride will feed directly into Stardust Power’s processing facility in Muskogee, Oklahoma, providing a reliable, U.S. sourced supply as the Company advances toward its Final Investment Decision and the

Stardust Power Strengthens U.S. Lithium Supply Chain with Mandrake Lithium

Mon, 03 Nov 2025 06:56:00 -0500

Stardust Power Strengthens U.S. Lithium Supply Chain with Mandrake Lithium

Mon, 03 Nov 2025 06:56:00 -0500

Stardust Power Strengthens U.S. Lithium Supply Chain with Mandrake Lithium

Mon, 03 Nov 2025 06:56:00 -0500

Stardust Power Strengthens U.S. Lithium Supply Chain with Mandrake Lithium

Mon, 03 Nov 2025 06:56:00 -0500

Stardust Power Strengthens U.S. Lithium Supply Chain with Mandrake Lithium

Mon, 03 Nov 2025 06:56:00 -0500

Stardust Power signs lithium supply deal with Prairie Lithium

Tue, 21 Oct 2025 07:31:39 -0500

Stardust Power Inc. (NASDAQ: SDST) announced it has executed a letter of intent with Prairie Lithium for the supply of 6,000 metric tons per year of lithium carbonate equivalent in the form of lithium chloride. The lithium chloride will be sourced from the Prairie Lithium Project in Saskatchewan, Canada, and used as feedstock at Stardust Power's lithium processing facility in Muskogee, Oklahoma.

The non-binding agreement includes an initial six-year term with two additional six-year extension options at Stardust Power's discretion, potentially providing up to 18 years of feedstock supply. Initial deliveries are scheduled to begin in 2027, with volumes scaling up

Stardust Power signs lithium supply deal with Prairie Lithium

Tue, 21 Oct 2025 07:31:39 -0500

Stardust Power Secures Strategic North American Lithium Supply with Prairie Lithium

Tue, 21 Oct 2025 07:30:00 -0500

GREENWICH, Conn., Oct. 21, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) ("Stardust Power" or the "Company"), an American developer of battery-grade lithium carbonate, announced today that it has executed a Letter of Intent (the “Agreement”) with Prairie Lithium for the supply of 6,000 metric tons per annum of lithium carbonate equivalent (“LCE”) in the form of lithium chloride (“LiCl”). The lithium chloride is sourced from the Prairie Lithium Project in Saskatchewan, Canada and will be used as feedstock at Stardust Power’s lithium processing facility in Muskogee, Oklahoma. This Agreement marks a significant source of supply

Stardust Power Secures Strategic North American Lithium Supply with Prairie Lithium

Tue, 21 Oct 2025 07:30:00 -0500

Stardust Power Secures Strategic North American Lithium Supply with Prairie Lithium

Tue, 21 Oct 2025 07:30:00 -0500

Stardust Power Secures Strategic North American Lithium Supply with Prairie Lithium

Tue, 21 Oct 2025 07:30:00 -0500

Stardust Power Secures Strategic North American Lithium Supply with Prairie Lithium

Tue, 21 Oct 2025 07:30:00 -0500

Stardust Power Secures Strategic North American Lithium Supply with Prairie Lithium

Tue, 21 Oct 2025 07:30:00 -0500

Stardust Power cuts Oklahoma lithium refinery costs by $200 million

Tue, 09 Sep 2025 07:32:10 -0500

Stardust Power Inc. (NASDAQ: SDST) completed a Front End Loading 3 report for its lithium processing facility in Muskogee, Oklahoma, reducing estimated capital expenditures by nearly $200 million to approximately $500 million for Phase 1.

The FEL 3 report, conducted by engineering firm Primero USA, outlines plans for a facility with initial capacity of 25,000 metric tons per year of battery-grade lithium, expandable to 50,000 metric tons annually in Phase 2. Construction is expected to take approximately 24 months from start of major work to mechanical completion.

The $500 million Phase 1 estimate includes owner's costs, contingency and escalation, with a 90%

Stardust Power cuts Oklahoma lithium refinery costs by $200 million

Tue, 09 Sep 2025 07:32:10 -0500

The $500 million Phase 1 estimate includes owner's costs, contingency and escalation, with a 90%

Stardust Power Completes Front End Loading 3 Report (FEL 3) for Its Oklahoma Lithium Refinery

Tue, 09 Sep 2025 07:30:00 -0500

Key findings from the FEL 3 report include:

Phase 1 Capacity: 25,000 metric tons per annum of battery-grade lithium, expandable to 50,000 metric tons per annum in Phase 2, one of the largest planned refineries in the U.S.
Capital Expenditures: ~$500 million for Phase 1, nearly $200 million below prior disclosed estimates, with a 90% probability of achievement. This figure includes owner’s cost, contingency and escalation.
Construction Timeline: ~24 months from start of major construction to mechanical completion.