Stardust Power Inc. · NASDAQ:SDST

Stardust Power — Q1 2025 Earnings Presentation

13 slides from Stardust Power's earnings presentation, May 14, 2025

  1. Slide 1: Leading the Charge on America's Energy Future: Manufacturing Battery-Grade Lithium

    NASDAQ: SDST 3 Li 6.94 Leading the Charge on America’s Energy Future: Manufacturing Battery-Grade Lithium June 2025

  2. Slide 2: Forward-Looking Statements and Disclaimers

    Forward-Looking Statements and Disclaimers The information included herein and in any oral statements made in connection herewith include “forward- looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements, other tha

  3. Slide 3: Investor Presentation

    Stardust Power’s mission is to onshore manufacturing of battery grade lithium essential to American Investor Presentation national security 3 Li 6.94 2025 3

  4. Slide 4: The World Needs More Battery Grade Lithium To Power The Energy Transition

    The World Needs More Battery Grade Lithium To Power The Energy Transition Which Is Essential To US National Security The need for lithium is anticipated to rise in tandem with the increasing adoption of electric vehicles (EVs) and the growing demand for energy storage across various sectors. Investo

  5. Slide 5: Unprecedented Projected Lithium Demand

    Unprecedented Projected Lithium Demand, Unit: kt Global Lithium Demand Growing Lithium Demand • Lithium demand driven by more than 20-fold increase from use in EVs essential to the global electrification transition1 Lack of Battery Grade Lithium Product Supply • While forecasted demand and supply in

  6. Slide 6: China Dominates the Global Lithium Market

    China Dominates the Global Lithium Market U.S. contributes less than 2% of world supply of lithium even though it holds 17% of global lithium reserves1 The U.S. has only one lithium-producing mine: Albemarle’s Silver Peak Mine in 78% Clayton Valley, Nevada which produces 70% 5,000 tons per year2 Inv

  7. Slide 7: Stardust Power is developing a strategically located lithium refinery in Muskogee, Oklahoma

    Stardust Power is developing a strategically located lithium refinery in Muskogee, Oklahoma Developing a large central lithium refinery in Muskogee, Oklahoma Projected annual production capacity of up to 50,000 metric tons by aggregating supply to scale Investor Presentation manufacturing IRA compli

  8. Slide 8: Experienced Management Team

    EXPERIENCED MANAGEMENT TEAM Roshan Pujari – Founder, Chief Executive Officer Pablo Cortegoso – Co-Founder, Chief Technical Officer • CEO and Founder of Stardust Power. • Co-Founder and CTO of Stardust Power. • Over 20 years of experience in investments and transactions and • Over 15 years of experie

  9. Slide 9: Bridging the Gap is Critical

    Bridging the Gap is Critical Refining capacity is the critical gap in the American supply chain 1. Upstream • Network of upstream partners • Offtake agreements under negotiation 2 . Raw Material Extraction • Brine assets are more environmentally friendly and cost efficient than open pit and large ev

  10. Slide 10: Aggregating Supply to Scale Manufacturing

    Aggregating Supply to Scale Manufacturing Raw Material Vertically Integrated Recycling Suppliers Approach​ Waste Water​ • Signed offtake agreements with • Stardust Power controls 35,000 acres • Produced water can be rich in lithium GeoLithium and QX Resources ​ via a previously announced LOI with so

  11. Slide 11: Sustainability is fundamental to our operations

    Sustainability is fundamental to our operations Sustainability in the energy transition is not just a goal, it's the foundation upon which a resilient and prosperous future is built • Zero liquid discharge from refining process • All electric production lines – with minimal air emissions Investor Pr

  12. Slide 12: Anticipated Milestones & Upcoming Catalysts

    Anticipated Milestones & Upcoming Catalysts End End Environmental Q4 Q4 KMX Tech Exclusive Jackpot Lake Assessment Report 2023 2024 Exclusive Option License Start Line 1 Issued Mar 15, 2024 Feb 10, 2025 Pre-commissioning Aug 9, 2023 Sumitomo Ohio University OK State FEL 1 IGX Exclusive Americas Corp

  13. Slide 13: Contact Information

    NASDAQ: SDST Investor Presentation CONTACT INFORMATION investor.relations@stardust -power.com +1 800 742 3095 Mailing Address Stardust Power, Inc. 6608 N Western Ave, 466 Oklahoma City, OK 73116 United States 2025

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