Stardust Power Signs LOI for 15,000-Ton Lithium Chloride Supply for Muskogee Refinery
Stardust Power signed a non-binding LOI for 15,000 tons of U.S.-sourced lithium chloride from a California brine project, with first deliveries set for H1 2028 to its 50,000 tpa Muskogee refinery. It has completed its FEL-3 engineering study and secured an air quality construction permit, advancing readiness for refinery construction.
1. LOI Agreement for Lithium Chloride Supply
Stardust Power entered a non-binding Letter of Intent to secure up to 15,000 metric tons per annum of lithium carbonate equivalent in the form of lithium chloride from a California brine project. Initial deliveries are slated for the first half of 2028, with the right to purchase additional volumes at its discretion. The LOI remains subject to due diligence and execution of a definitive agreement.
2. Feedstock Pipeline Expansion Strategy
This arrangement advances the company’s strategy to diversify and scale its domestic lithium chloride supply chain. It complements existing feedstock partnerships and supports the phased ramp-up of refining operations. Securing U.S.-sourced feedstock is central to mitigating supply risks and controlling input costs.
3. Muskogee Refinery Development Milestones
Stardust Power has completed its FEL-3 engineering study for the Muskogee, Oklahoma refinery and obtained its air quality construction permit. The facility, designed for 50,000 tpa capacity, benefits from proximity to the Port of Muskogee’s Free Trade Zone and multimodal infrastructure. These milestones enable the project to move toward final investment decision and construction.
4. Implications for U.S. Energy Security
By anchoring feedstock supply domestically, the company aims to reinforce U.S. energy security and reduce reliance on imports. The hub-and-spoke model positions Stardust Power to meet anticipated demand in the burgeoning U.S. energy storage market. Commercial readiness hinges on definitive agreements and construction progress.