Stardust Power Secures Exclusivity to Negotiate Licensing Arrangement for Lithium Brine Concentration Technology from KMX Technologies
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Stardust Power Inc. (SDST)
Company Research
Source: GlobeNewswire
GREENWICH, Conn., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium products, and KMX Technologies, Inc. (“KMX”) announced that it has entered into a 90-day exclusivity period during which Stardust Power and KMX will negotiate the terms and conditions related to Stardust Power’s exclusive use of lithium brine concentration technology from KMX (the “Licensing Arrangement”). The transaction is subject to the negotiation and execution of definitive documentation and the parties’ mutual board approvals. This important technology would allow Stardust Power to potentially lower operating costs and capital expenditures across its supply chain, including at its 50,000 metric tons per annum battery-grade lithium refinery under development in Muskogee, Oklahoma, while also potentially reducing the energy and carbon intensity of the refining process. A definitive agreement could give Stardus
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SDST
News
- Stardust Power Announces Exclusive Licensing Agreement for Lithium Brine Concentration Technology from KMX Technologies [Yahoo! Finance]Yahoo! Finance
- Stardust Power Announces Exclusive Licensing Agreement for Lithium Brine Concentration Technology from KMX TechnologiesGlobeNewswire
- Stardust Power Inc. (NASDAQ: SDST) is now covered by analysts at Alliance Global Partners. They set a "buy" rating and a $5.00 price target on the stock.MarketBeat
- Stardust Power Inc. Announces Pricing of $5.75 Million Public OfferingGlobeNewswire
- Stardust Power Breaks Ground on One of The Largest U.S. Battery-Grade Lithium RefineriesGlobeNewswire
SDST
Earnings
- 11/13/24 - Miss
SDST
Sec Filings
- 2/11/25 - Form SCHEDULE
- 2/10/25 - Form 424B3
- 2/10/25 - Form 424B3
- SDST's page on the SEC website