Stardust Power Signs Lithium Supply Agreement with Prairie Lithium
Reuters
Oct 21
<a href="https://laohu8.com/S/SDST">Stardust Power</a> Signs Lithium Supply Agreement with Prairie Lithium
Stardust Power Inc. has announced the execution of a Letter of Intent with Prairie Lithium for the supply of 6,000 metric tons per annum of lithium carbonate equivalent in the form of lithium chloride. The lithium chloride will be sourced from the Prairie Lithium Project in Saskatchewan, Canada, and used as feedstock at Stardust Power's lithium processing facility in Muskogee, Oklahoma. The agreement, which is non-binding and subject to a definitive agreement, is set for an initial six-year term with two additional six-year extension options at Stardust Power's discretion, allowing for up to 18 years of supply. Initial deliveries are expected to begin as early as 2027, with potential for volumes to scale up and for additional volumes to be added.
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