The LOI relates to a lithium brine project in California and reflects continued progress in expanding the Company's domestic feedstock pipeline. Initial deliveries are contemplated beginning in the first half of 2028, with feedstock delivered to the Company's Oklahoma facility. The agreement would give the right to Stardust Power to purchase additional volumes at its discretion. This LOI follows Stardust Power's strategy to secure diversified, scalable lithium chloride supply to support its refining operations. As the Company advances toward construction, establishing a reliable and flexible feedstock base remains a core component of its commercial and operational strategy.
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