Stardust Power signs LOI with Mandrake for 7,500 tpa LCE supply from Utah project

Stardust Power Inc.

Non-binding LOI for 7,500 metric tons per annum of lithium carbonate equivalent as lithium chloride.
Supply from Mandrake's Utah Lithium Project to feed Stardust's Muskogee, OK refinery.
12-year term with optional 6-year extension, up to 18 years of potential supply.
Mandrake's Utah project hosts Inferred Resource of 3.3M tonnes LCE in Paradox Basin.
Definitive agreement still to be negotiated; LOI is non-binding.

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