Stardust Power Reports Preliminary 2025 Results, Highlights Lithium Refinery Progress
ByAinvest
Tuesday, Mar 17, 2026 5:01 pm ET1min read
SDST--
Stardust Power Inc. reported preliminary 2025 results, highlighting progress on its lithium refinery project in Muskogee, Oklahoma. The company completed key engineering milestones, entered into feedstock supply agreements, and received independent validation of the refinery design. Phase I is expected to produce up to 25,000 metric tons per year of battery-grade lithium carbonate, with estimated CapEx of approximately $500 million. Stardust Power also raised $13.2 million in equity capital and secured up to $10.0 million in debt financing.

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