Stardust Power Signs Non-Binding Offtake LOI with C4V for Up to 20,000 MT of Lithium Carbonate by 2030
SDST sits 40% above its 52-week low of $0.5.
Summary
Stardust Power signed a non-binding LOI with C4V for lithium carbonate offtake, with a forecast of up to 20,000 MT by 2030. The deal provides a demand signal for its planned refinery but remains subject to definitive agreements.
Key Events · M&A and Partnerships · SDST
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Non-Binding Offtake LOI Signed
Stardust Power entered a Letter of Intent with Charge CCCV LLC (C4V) to supply battery-grade lithium carbonate from its Muskogee refinery, with a preliminary demand forecast of 3,000 MT in 2028, 10,000 MT in 2029, and 20,000 MT by 2030.
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Demand Visibility for Planned Refinery
The LOI provides a phased demand outlook that, combined with a prior non-binding agreement for up to 25,000 MT/year, represents a substantial portion of the refinery's planned 50,000 MT annual capacity, potentially worth billions in sales if definitive agreements are reached.
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Non-Binding and Subject to Negotiation
The agreement is non-binding; final volumes, pricing, and delivery schedules remain subject to negotiation and execution of a definitive agreement, with no assurance a deal will be consummated.
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Strategic Context: Financial Distress
The announcement follows a going-concern warning, Nasdaq delisting notice, and ongoing insider selling, making this demand signal critical for validating the refinery project and supporting future financing efforts.
Analysis · SDST · Manufacturing
A non-binding Letter of Intent with battery technology company C4V was announced by Stardust Power, covering the supply of battery-grade lithium carbonate from its planned Muskogee refinery. The preliminary demand forecast calls for a phased ramp to 20,000 metric tons by 2030, offering a tangible demand signal for a company that recently warned it may not survive without new financing. While the agreement is non-binding and subject to negotiation, it adds credibility to the refinery project and could support future capital-raising efforts. The announcement comes against a backdrop of a going-concern warning, Nasdaq delisting threat, and ongoing insider selling.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, SDST was trading at $0.70 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $7.3M. The 52-week trading range was $0.50 to $7.67. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.