Stardust Power secures framework for up to $150 million project investment
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Stardust Power Secures Institutional Investment Framework Supporting Up to $150 Million Investment
April 20, 2026 9:15 AM EDTGREENWICH, Conn., April 20, 2026 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (Stardust Power or the Company), an American developer of battery-grade lithium carbonate, today announced that it has entered into a Letter of Intent (the LOI) with a single institutional investor to support project level financing for its planned lithium refinery in Muskogee, Oklahoma.
Under the terms of the LOI, the institutional investor has indicated its intent to invest up to $150 million at the project level, with flexibility across equity, debt, and hybrid financing structures. The investment is... More
