PartnershipAug 5, 2026, 07:34 AM
Stardust Power Signs LOI with C4V for up to 20,000 MT Lithium Carbonate
AI Summary
Stardust Power Inc. announced a non-binding Letter of Intent with Charge CCCV LLC (C4V), an American battery technology company, for the supply of battery-grade lithium carbonate. The agreement outlines a preliminary demand forecast for 3,000 metric tons in 2028, increasing to 20,000 metric tons by 2030, to support C4V's battery manufacturing joint ventures in the U.S. This LOI, along with a previously disclosed agreement, represents a significant portion of Stardust Power's planned production capacity and potential sales, pending definitive agreements.
Key Highlights
- Stardust Power signed a Letter of Intent (LOI) with Charge CCCV LLC (C4V) for battery-grade lithium carbonate supply.
- The LOI outlines a preliminary demand forecast for 3,000 MT in 2028, 10,000 MT in 2029, and 20,000 MT by 2030.
- Supply will come from Stardust Power's lithium refinery in Muskogee, Oklahoma.
- The agreement is non-binding, pending negotiation of final volumes, pricing, and definitive agreement execution.
- This builds on a previous non-binding LOA for up to 25,000 MT/year for 10 years.
- Combined, these agreements represent a substantial portion of planned production and potential billions in sales.
Price Impact
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