Stardust Power Advances with Major Refinery Project
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Stardust Power ( (SDST) ) has shared an announcement.
Stardust Power Inc. has announced the completion of its acquisition of a 66-acre site at the Southside Industrial Park in Muskogee, Oklahoma, marking a critical step towards constructing one of North America’s largest lithium refineries. With necessary permits secured, the company is poised to start construction, supported by a $27 million Tax Increment Financing district to fund infrastructure improvements, promising significant local economic impact and job creation.
More about Stardust Power
Stardust Power Inc. is an American developer of battery-grade lithium products, committed to building resilient supply chains to enhance America’s energy leadership. The company is developing a strategic lithium refinery in Muskogee, Oklahoma, with an expected capacity of producing up to 50,000 metric tons of battery-grade lithium annually, and trades on the Nasdaq under the ticker symbol ‘SDST.’
YTD Price Performance: -52.48%
Average Trading Volume: 40,055
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $252.1M
For an in-depth examination of SDST stock, go to TipRanks’ Stock Analysis page.
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