Stardust Power completes FEL-3 study for Oklahoma lithium refinery; Phase 1 capex ~$500M

Stardust Power Inc.

Phase 1 capacity: 25,000 mtpa battery-grade lithium, expandable to 50,000 mtpa in Phase 2.
Capital expenditure ~$500M for Phase 1, nearly $200M below prior estimates, with 90% probability.
Construction timeline ~24 months from start of major work to mechanical completion.
FEL-3 led by Primero USA; reduced contingency from 40% to lower level via 3D process model.
Company advancing toward Final Investment Decision (FID) with independent third-party review engaged.

item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.