secwatch.observer — SEC 8-K summary
======================================

Issuer:     Stardust Power Inc. (SDST)
CIK:        0001831979
Form:       8-K
Filed at:   2025-09-09T23:59:59+00:00
Accession:  0001493152-25-012850
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831979/000149315225012850/0001493152-25-012850-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831979/000149315225012850/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-012850

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer