Big news for Muskogee:
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Rendering of new plant, courtesy of Stardust Power |
STARDUST POWER SELECTS MUSKOGEE TO BUILD BATTERY-GRADE LITHIUM REFINERY
GREENWICH, Conn., and TULSA, Okla., January 11, 2024 – Stardust Power Inc. (“Stardust Power” or the “Company”), a development stage American manufacturer of battery-grade lithium products, announced today that it has selected Southside Industrial Park in Muskogee, Oklahoma to build a new battery-grade lithium refinery, and is expected to be eligible to receive up to $257 million in state and federal economic incentives for the facility build-out. The Company may also be eligible for further federal grants and or incentives offered by the Department of Energy and the Department of Defense.
Stardust Power selected Muskogee, Oklahoma for its central refinery because of Oklahoma’s central U.S. location, facilitating delivery of lithium inputs and shipment of battery-grade lithium products over multiple transportation routes to support the Company’s refining operations. The area’s superior intermodal freight transport options as well as a highly skilled workforce trained in oil and gas engineering were other key factors. Additionally, Oklahoma is recognized as an emerging national leader in sustainable power, including solar and wind, supporting Stardust Power’s commitment to limit its carbon footprint.