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Stardust Power Secures Exclusive Tech Licensing for Lithium

Stardust Power Inc. has announced a key licensing agreement with KMX Technologies to use their innovative lithium extraction technology. This move strengthens the lithium supply chain in North America and could positively impact SDST’s stock performance.

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AI Rating:   7

Exclusive Licensing Agreement Impact: Stardust Power Inc. (SDST) has secured an exclusive licensing agreement with KMX Technologies for the use of their vacuum membrane distillation (VMD) technology in lithium extraction. This partnership allows Stardust Power to enhance its production capabilities while promoting environmental responsibility.

Relevance of Technology: KMX’s VMD technology increases economic feasibility in lithium projects by efficiently concentrating lithium from brine. This improvement can lead to cost savings and higher profit margins, which can positively influence investor sentiment about Stardust Power.

Production Capacity: Stardust's refinery in Muskogee, Oklahoma, is designed for a production capacity of 50,000 metric tons per annum, indicating a significant scale of operations that could ensure high revenue generation if demand for lithium continues to grow.

Overall, this strategic licensing agreement aligns with the growing need for sustainability in lithium production and the onshoring of critical minerals. As demand for lithium increases due to the expansion of electric vehicles and renewable energy, Stardust Power’s position may lead to greater revenue potential.

Stocks:  SDST