By Fox23.com News Staff
MUSKOGEE, Okla. — Stardust Power said a third-party independent engineering review has been completed for its planned lithium refinery in Muskogee.
Stardust Power said Black & Veatch completed an Independent Engineering Red Flag Report (IE Report), assessing the company’s lithium refinery project in Muskogee, starting with a Phase 1 of 25,000 mtpa.
The IE Report revealed findings on a variety of topics:
- Site and infrastructure conditions: Muskogee site confirmed as suitable, with access to municipal power, gas and water.
- Construction schedule: 24-month construction duration and 12 month ramp up duration considered achievable.
- Procurement and supply chain strategy: Determined to be reasonable and in line with industry practices.
- Permitting status: Environmental studies and permitting progress determined to be reasonable.
- Technical and design basis: Evaluation of the project’s technical design, engineering documentation, and major process flows confirmed compliance with current industry norms and the likelihood that the technology will perform as intended.
Stardust power said the review confirmed the project designed is based on proven lithium processing systems, with changes that allow it to handle a wider range of feedstock and still recover lithium efficiently. It found the technology to be low risk, reflecting the similarity of the design to operations worldwide.
The review also found that phase one production of 25,000 metric tons per year and the expected recovery rate are achievable.
Stardust Power said on the execution side, the report found the quality assurance, risk management and contractor vetting processes were aligned with industry practices.
“Completing this independent engineering review is a major milestone for Stardust Power’s commitment to deliver battery-grade lithium carbonate to support America’s energy security and industrial resilience,” said Chris Celano, Chief Operating Officer. “It validates the foundational assumptions underlying the Company’s FEL 3 study and advances our project to the next stage of development. This IE report provides to investors and stakeholders additional third-party validation of the project’s technical bases underlying its modeling and confirming that the project’s assumptions are realistic, achievable and adequately benchmarked against industry norms”.
Stardust Power said it continues to advance the Muskogee project toward construction, maintaining focus on speed to market, operational excellence and domestic supply chain resilience.
“Black & Veatch’s independent validation reinforces the technical integrity and feasibility of our approach. We continue to de-risk this critical piece of national infrastructure and with this successful review complete, we are ideally positioned to optimize Stardust Power’s project execution,” said Roshan Pujari, Founder and CEO.
