Stardust Power Inc.

Stardust Power is a development stage company focused on establishing a lithium refinery in Muskogee, Oklahoma. Formed on March 16, 2023, the company is developing a facility with an expected capacity of producing up to 50,000 metric tpa of BGLC once fully operational. Stardust Power's strategy involves advancing its project through site acquisition and readiness, sourcing feedstock, and securing commitments for the sale of its BGLC. The company aims to become a sustainable, cost-effective supplier of BGLC for energy storage applications, including energy storage systems, e-mobility, grid infrastructure, and data centers. The refinery is being designed and developed to support U.S. energy independence and is expected to be optimized for multiple inputs of lithium chloride feedstocks. Upon completion, Stardust Power anticipates securing multiple sources of feedstock from various lithium producers, with the facility projected to become one of the largest lithium refineries in North America. On March 16, 2023, Stardust Power Inc. was organized in Delaware, and all ownership interests of Stardust Power LLC were transferred to Stardust Power Inc. Following a business combination, GPAC II emerged as the surviving company and was subsequently renamed Stardust Power Inc.