Stardust Power Inc
stardust-power.comWhat Do They Do?
Develops a lithium refinery intended to supply battery-grade lithium carbonate to electric-vehicle makers, battery manufacturers, and defense and equipment makers.
10-K for FY2025, filed Mar 25, 2026Stardust Power expects to source lithium feedstock from various suppliers and may make investments upstream to secure additional feedstock.…View ↗
Stardust Power is a U.S.-based development stage battery grade lithium manufacturer designed to foster clean energy independence for the…View ↗
Stardust Power intends to source lithium chloride feedstock from various suppliers and may make investments upstream to secure additional…View ↗
How Do They Make Money?
No revenue reported yet.
10-K for FY2025, filed Mar 25, 2026
Who Are Their Customers?
Stardust Power has no existing customers because it has not begun production; it has non-binding letters of intent from industry participants, including a contemplated long-term purchase arrangement with Sumitomo.
10-K for FY2025, filed Mar 25, 2026
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Aug 13, 2026
−$3.9MView ↗
- ▲ +5% (Loss)
- vs −$3.7M in Q2 FY2025
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Sep 11, 2026
Nasdaq notifies company of bid-price rule deficiency
Nasdaq said the stock no longer met its minimum bid-price rule; trading continues during a compliance period.
Sources
8-K, filed Sep 17, 2026
On September 11, 2026, Stardust Power Inc. (the “Company”) received a letter (the “Notice”) from the Listing Qualifications Department of…View ↗
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Aug 5, 2026
Signs non-binding lithium supply letter with C4V
The letter covers potential lithium-carbonate supply; volumes, pricing and delivery schedules remain subject to negotiation and a definitive agreement.
Sources
8-K, filed Aug 5, 2026
On August 5, 2026, Stardust Power Inc. (the “Company”) issued a press release with respect to a Letter of Intent (Agreement) entered into…View ↗
From blank-check company to lithium refinery developer
The older report described a blank-check company seeking an initial business combination; the latest report describes a developer of a U.S. lithium refinery and battery-grade lithium products.
10-K for FY2022, filed Mar 31, 2023 10-K for FY2025, filed Mar 25, 2026
Who Do They Compete With?
Competes with Tesla, ExxonMobil, Ioneer, Lithium Americas, Standard Lithium, and Albemarle
10-K for FY2025, filed Mar 25, 2026Tesla has commenced operations at its new lithium refining factory in Texas. The site, located outside of Corpus Christi, is the first…View ↗
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