Stardust Power Secures Lithium Supply Deal for Muskogee Refinery
Stardust Power Inc., developer of a lithium refining operation in eastern Oklahoma, announced it entered into a Letter of Intent (LOI) with a strategic counterparty for the supply of up to 15,000 metric tons per annum of lithium carbonate equivalent in the form of lithium chloride.
LOI Targets U.S.-Based Lithium Supply
The Connecticut-based mining operation called it a “key step” in securing U.S.-based feedstock for the Muskogee lithium refinery, which is moving closer to actual construction.
“Securing American sourced lithium chloride aligned with our phased ramp-up reflects the strength of our hub and spoke strategy,” said Roshan Pujari, Founder and Chief Executive Officer of Stardust Power.
“Our focus is on aggregating reliable U.S.-based feedstock with scalable refining infrastructure in Oklahoma. As the market continues to evolve to upstream lithium chloride production, we are well positioned to build an American lithium supply chain.”
California Lithium Brine Project Supports Supply Pipeline
The LOI relates to a lithium brine project in California and reflects continued progress in expanding the Company’s domestic feedstock pipeline.
Initial deliveries are contemplated beginning in the first half of 2028, with feedstock delivered to the Company’s Oklahoma facility. The agreement would give the right to Stardust Power to purchase additional volumes at its discretion.
Strategy Focused on Scalable Feedstock Supply
This LOI follows Stardust Power’s strategy to secure diversified, scalable lithium chloride supply to support its refining operations.
As the Company advances toward construction, establishing a reliable and flexible feedstock base remains a core component of its commercial and operational strategy.
With multiple feedstock arrangements now in place and underway, Stardust Power continues to strengthen its supply pipeline alongside key project development milestones. This integrated approach is intended to support long-term operational readiness and position the Company to meet anticipated demand for domestically refined battery-grade lithium carbonate.
Muskogee Lithium Refinery Nears Construction Phase
Stardust Power continues to advance development of its Muskogee lithium refinery, supported by completion of the Front-End Loading 3 (FEL-3) engineering study and receipt of its air quality construction permit, positioning the project to move toward construction and commissioning.
With proximity to the Port of Muskogee’s Free Trade Zone and established road, rail, and water access, the refinery is designed to deliver scalable refining capacity in support of the growing U.S. energy storage market and energy security.
Agreement Still Non-Binding
The LOI is non-binding and subject to further due diligence and the execution of a definitive agreement, which there is no certainty of execution.
More details, including the name and location of the project, will be released upon the execution of the definitive agreement or as agreed by both parties.