other material
confidence high
sentiment positive
materiality 0.60
Stardust Power signs non-binding LOI with C4V for up to 20,000 MT lithium carbonate offtake by 2030
Stardust Power Inc.
- Potential offtake: 3,000 MT in 2028, 10,000 MT in 2029, 20,000 MT by 2030 from Muskogee refinery.
- Agreement is non-binding; final volumes, pricing, and delivery schedules subject to definitive agreement.
- Builds on prior non-binding LOI with global trading house for up to 25,000 MT/year for 10 years.
- C4V is a U.S. battery technology company with gigafactory platforms; collaboration includes product qualification.
- Combined agreements represent substantial portion of planned 50,000 MT/year capacity and billions in potential sales.