Proactive - Interviews for investors

Stardust Power Engages Primero for Definitive Engineering Study on Lithium Refinery in Oklahoma

Episode Summary

Stardust Power CEO Roshan Pujari joined Steve Darling from Proactive to announce a significant development for the company. Stardust Power has selected Primero, a leading multidisciplinary engineering firm, to carry out a front-end loaded level 3 (“FEL-3”) engineering design and cost study for its strategically located lithium refinery in Muskogee, Oklahoma. This study, also referred to as a definitive engineering study, is a critical step in the company’s journey to becoming a key player in the lithium market. Primero is renowned for its expertise in the design, construction, and operation of lithium projects, with a global presence across North America, Western Australia, and beyond. The firm has successfully delivered projects in over ten countries across five continents and boasts a strong track record, including recent engineering achievements for lithium refineries in Texas and North Carolina. Pujari highlighted that the FEL-3 engineering study will provide comprehensive technical specifications and detailed cost projections for the Muskogee refinery, which is expected to produce high-quality, battery-grade lithium products. This study represents the culmination of significant technical work that Stardust Power has already undertaken, and it will deliver a complete process design, including the development of a 3D engineering model. This model will enable engineers and contractors to estimate the total cost for the refinery's construction and the associated machinery. The insights gained from the FEL-3 study will be instrumental for Stardust Power as it seeks to establish a clear cost basis for the project and explore applicable financing options. Once the study is completed and the necessary financing is secured, Stardust Power plans to immediately move forward with detailed engineering and long-lead procurement, setting the stage for the commencement of major construction on the refinery. #proativeinvestors #stardustpowerinc #nasdaq #sdst #lithium #StardustPower #LithiumRefinery #OklahomaEnergy #BatteryGradeLithium #EnergyTransition #PrimeroUSA #RenewableEnergy #USManufacturing #CriticalMinerals #ProactiveInvestors#StardustPower #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews