Stardust Power shares surge 140.08% intraday after announcing plans to develop North America's largest lithium refinery by 2027.
ByAinvest
Monday, Jul 14, 2025 10:57 am ET1min read
SDST--
Stardust Power Inc. surged 140.08% intraday, driven by the announcement of plans to develop North America's largest lithium refinery, expected to commence production in 2027. The company, a developer of battery-grade lithium products in the U.S., aims for an annual production capacity of 50,000 metric tons to serve the electric vehicle and energy storage markets. Additionally, the company recently signed a memorandum with Ohio University to collaborate on advanced lithium extraction technologies.
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