Stardust Power Announces Year End 2024 Financial Results

About this update from Stardust Power Inc.

[{"type":"image","alt":"Stardust Power Inc.","displaySize":"","headline":null,"caption":"Stardust Power Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":300,"url":"https://media.zenfs.com/en/globenewswire.com/1a0d51a6f5dad1e2d19bcc73f00156cb"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/R4pjIeveKaPC6ndvazrLAg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQyMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/1a0d51a6f5dad1e2d19bcc73f00156cb","width":300,"height":300}},"lazy":false},{"type":"text","content":"GREENWICH, Conn., March 27, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (“Stardust Power” or the “Company”) (Nasdaq: SDST), an American developer of battery-grade lithium products, today announced its results for the year ended December 31, 2024.","length":247,"tagName":"p"},{"type":"text","content":"Full Year Business Highlights","length":29,"tagName":"p"},{"type":"text","content":"Operational highlights for the full year 2024 include:","length":54,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Listing on the Nasdaq: Completion of the Business Combination and subsequent listing on the Nasdaq Global Market (the “Nasdaq”).","length":128,"tagName":"p"}]},{"val":[{"type":"text","content":"Purchase of refinery site: On December 16, finalized the purchase of 66-acre site in Muskogee, Oklahoma, for a total consideration of approximately $1.7 million.","length":161,"tagName":"p"}]},{"val":[{"type":"text","content":"Permitting and approvals: Secured the necessary stormwater discharge permit and received administrative approval for the Air Permit, with the technical approval pending. The Oklahoma Department of Environmental Quality has accepted our application as a minor source for emissions, and we believe we are on track for final stage approvals.","length":338,"tagName":"p"}]},{"val":[{"type":"text","content":"DFS advancing: Primero USA is in the final stages of the Definitive Feasibility Study (DFS), or FEL 3 study, having advanced nearly to completion our detailed process design package, updated cost estimates, and refined project schedules, along with other key milestones and reviews.","length":282,"tagName":"p"}]},{"val":[{"type":"text","content":"Personnel hire and director appointment: Chris Celano as Chief Operating Officer, bringing over 20 years of energy sector leadership and in...

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