Stardust Power Secures Long-Lead Electrical Infrastructure for Muskogee Lithium Refinery
Stardust Power reports progress on critical long-lead electrical infrastructure for its planned Muskogee lithium refinery, supporting future construction readiness.
Rhea-AI Summary
Stardust Power (SDST) announced that Oklahoma Gas and Electric Company is securing long-lead electrical infrastructure for its proposed Muskogee, Oklahoma lithium refinery.
The electrical infrastructure is described as one of the longest-lead and most critical components for large industrial developments, making this step an important milestone in preparing the site for future engineering, procurement and construction activities. The planned refinery, located on approximately 66 acres within Southside Industrial Park, is expected at nameplate capacity to produce up to 50,000 metric tons per annum of battery-grade lithium carbonate, developed in two phases of about 25,000 metric tons per train.
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Details
Market Reaction – SDST
Following this news, SDST has gained 0.51%, reflecting a mild positive market reaction. Argus tracked a peak move of +5.8% during the session. Our momentum scanner has triggered 7 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $0.14. Trading volume is exceptionally heavy at 295.1x the average, suggesting very strong buying interest.
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Key Figures
- Refinery site
- approximately 66 acres
- Southside Industrial Park in Muskogee, Oklahoma
- Nameplate capacity
- up to 50,000 metric tons per annum
- battery-grade lithium carbonate refinery
- Development phases
- 2 phases of approximately 25,000 metric tons per annum each
- planned refinery configuration
Historical Context
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Site preparation moved the Muskogee project beyond FEL-3 engineering toward detailed design.
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Site engineering moved the Muskogee refinery from FEL-3 into execution-level design.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
battery-grade lithium carbonate technical
EPC technical
nameplate capacity technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREENWICH, Conn., Sept. 15, 2026 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium carbonate, today provided an update under its previously announced agreement with Oklahoma Gas and Electric Company (“OG&E”) relating to electrical infrastructure development for Stardust Power’s proposed lithium refinery in Muskogee, Oklahoma.
The agreement advances the development of critical electrical infrastructure. OG&E is securing long-lead electrical infrastructure required to support large-scale industrial power delivery to the refinery. As electrical infrastructure is typically one of the longest-lead and most critical components of large industrial developments, securing these items represents an important milestone.
"As we continue preparing the Muskogee site for future EPC activities, securing critical electrical infrastructure remains an important component of our overall strategy," said Chris Celano, Chief Operating Officer of Stardust Power.
Stardust Power’s refinery site spans approximately 66 acres within the Southside Industrial Park in Muskogee, Oklahoma and, once at nameplate capacity, is expected to produce up to 50,000 metric tons per annum of battery-grade lithium carbonate. The refinery is being developed in two phases of approximately 25,000 metric tons per annum for each train.
About Stardust Power Inc.
Stardust Power (NASDAQ: SDST) is building one of America’s largest battery-grade lithium carbonate refineries in Muskogee, Oklahoma, strategically located in the center of the United States’ growing energy and manufacturing corridor. The refinery is expected to have production capacity of up to 50,000 metric tons per annum and addresses the critical shortage of U.S. lithium refining capacity. Stardust Power is focused on building a resilient American battery supply chain.
For more information, visit www.stardust-power.com
Stardust Power Contacts
For Investors:
Johanna Gonzalez
investor.relations@stardust-power.com
For Media:
Michael Thompson
media@stardust-power.com
Cautionary Note Regarding Forward-Looking Statements
The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects. These statements may include, without limitation, statements regarding management’s expectations about future business strategies, financial performance, operating results, growth opportunities, market developments, competitive position, regulatory outlook, our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “likely,” “may,” “model,” “outlook,” “plan,” “predict,” “project,” “seek,” “target,” “will,” “could,” “should,” or similar expressions.
Forward-looking statements are not guarantees of future performance. They are based on current expectations, estimates, forecasts, and assumptions that involve significant risks and uncertainties, many of which are beyond the Company’s control and are difficult to predict. Actual results may differ materially from those expressed or implied by such forward-looking statements as a result of various factors, including but not limited to: macroeconomic conditions; inflationary pressures; changes in interest rates; supply chain disruptions; evolving consumer demand; competitive and technological developments; regulatory or legal changes; litigation exposure; cybersecurity threats; and fluctuations in foreign exchange rates. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. Readers are cautioned not to place undue reliance on these forward-looking statements, which are made only as of the date of this press release. Except as required by law, the Company assumes no obligation and expressly disclaims any duty to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, even if subsequent events cause expectations to change.
You should consult our filings with the U.S. Securities and Exchange Commission (SEC), including the “Risk Factors” section of its most recent Annual Report on Form 10-K and subsequent filings on Form 10-Q, for additional detail about the factors that could affect our financial and other results.
FAQ
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What role is OG&E playing in Stardust Power’s Muskogee refinery project?
Oklahoma Gas and Electric Company is securing long-lead electrical infrastructure needed to support large-scale industrial power delivery to Stardust Power’s proposed lithium refinery in Muskogee, Oklahoma.
How large is the planned Muskogee lithium refinery and where is it located?
The refinery site covers approximately 66 acres within the Southside Industrial Park in Muskogee, Oklahoma, in the center of the United States’ energy and manufacturing corridor.
How is the refinery’s planned production capacity structured?
The refinery is expected, once at nameplate capacity, to produce up to 50,000 metric tons per annum of battery-grade lithium carbonate, developed in two phases of approximately 25,000 metric tons per annum for each train.