Stardust Power cuts Oklahoma lithium refinery costs by $200 million
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Stardust Power Completes Front End Loading 3 Report (FEL 3) for Its Oklahoma Lithium Refinery
September 9, 2025 7:30 AM EDTKey findings from the FEL 3 report include:
Phase 1 Capacity: 25,000 metric tons per annum of battery-grade lithium, expandable to 50,000 metric tons per annum in Phase 2, one of the largest planned refineries in the U.S.Capital Expenditures: ~$500 million for Phase 1, nearly $200 million below prior disclosed estimates, with a 90% probability of achievement. This figure includes owners cost, contingency and escalation.Construction Timeline: ~24 months from start of major construction to mechanical... More