Stardust power inc South Korea

Who is Stardust power?

Stardust Power is developing a strategically centrally located lithium refinery with the capacity to produce 50,000 metric tons per annum of battery grade lithium carbonate. We enjoy a diversified supply of lithium from American brine sources. Our team is comprised of industry experts augmented by best in class technology partners and advisors.

Where is Stardust power located?

Stardust Power plans to construct the lithium refinery located in Greater Tulsa, Oklahoma, centrally located from a supply and offtake perspective and is designed for production of up to 50,000 metric tonnes of battery-grade lithium annually. Pro forma implied enterprise value of the combined company of $490 million.

Is Stardust power a sustainable company?

American production of battery-grade lithium for electric vehicles (EVs.) Stardust Power’s mission is to be committed to producing battery-grade lithium products in a sustainable manner and Stardust Power strives to build sustainability into each step of its process. The strategic location is advantageous from a supply and offtake perspective.

Where is Stardust power's lithium refinery located?

Strategic location of Stardust Power’s lithium refinery in Oklahoma (Graphic: Business Wire)

What is Stardust power's strategy?

Stardust Power’s strategy is to become a leading producer of battery grade lithium products in the U.S. The Company believes that designing a large central refinery optimized for multiple inputs of brine lithium feedstock provides an opportunity to scale production rather than the dependence on single assets.

Will Stardust power be listed on the NASDAQ?

The combined entity will be named Stardust Power Inc. and is expected to be listed on Nasdaq under the ticker symbol “SDST.” Stardust Power aims to address a burgeoning lithium supply shortage, driven by anticipated soaring demand for electric vehicle (EV) battery capacity.