Stardust Power signs lithium supply deal with Mandrake Resources

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Go back to Stardust Power signs lithium supply deal with Mandrake Resources

Stardust Power Strengthens U.S. Lithium Supply Chain with Mandrake Lithium

November 3, 2025 6:56 AM EST

GREENWICH, Conn., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (Stardust Power or the Company) an American developer of battery-grade lithium carbonate, announced today that it has entered into a Letter of Intent (the Agreement) with Mandrake Resources Limited to secure 7,500 metric tons per annum of lithium carbonate equivalent (LCE) in the form of lithium chloride from Mandrakes Utah Lithium Project (Utah project). The lithium chloride will feed directly into Stardust Powers processing facility in Muskogee, Oklahoma, providing a reliable, U.S. sourced supply as the Company advances toward its Final Investment Decision and the... More