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

Issuer:     Stardust Power Inc. (SDST)
CIK:        0001831979
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0001493152-25-020552
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831979/000149315225020552/0001493152-25-020552-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831979/000149315225020552/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-020552

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