Stardust Power Secures $10M Equity Facility to Advance Oklahoma Lithium Refinery | NewsOut
Energy and EV supply chain investors: Stardust Power (NASDAQ: SDST) announced a new equity financing agreement that could provide up to $10 million in capital through a flexible 36-month facility with B. Riley Principal Capital.
Reporting from NewsOut, Ana Berry explains the funding will support pre-construction, construction activities, and working capital as the company advances its Muskogee, Oklahoma lithium refinery project, designed to produce up to 50,000 metric tons of battery-grade lithium carbonate annually and strengthen U.S. domestic energy supply chains.
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