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Stardust Power Engages MUFG as Lead Financial Advisor for Battery-Grade Lithium Refinery
Oct 31, 2024•over 1 year ago
Contract Type
partnership
Description
Stardust Power Inc. has engaged MUFG Bank, Ltd. as the lead financial advisor for the development of its battery-grade lithium refining facilities in Muskogee, Oklahoma. The initial facility build-out will focus on a phase one capacity of 25,000 metric tons per annum of battery-grade lithium carbonate with an estimated total facility investment of $1.2 billion
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months