Stardust Power Signs LOI to Supply Battery-Grade Lithium for U.S. Battery Expansion

Stardust Power (NASDAQ: SDST) has signed a Letter of Intent (LOI) with C4V, a U.S.-based battery technology company, to supply battery-grade lithium carbonate from Stardust’s planned lithium refinery in Muskogee, Oklahoma. The agreement positions Stardust Power to support C4V’s expanding U.S. battery manufacturing joint ventures as domestic demand for critical battery materials continues to grow.

Under the framework, C4V has provided a preliminary demand forecast of 3,000 metric tons in 2028, 10,000 metric tons in 2029, and 20,000 metric tons by 2030, reflecting its planned manufacturing expansion. The companies will also collaborate on product qualification and technical requirements while negotiating a definitive supply agreement covering final volumes, pricing, and delivery schedules.

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