Core Insights - Stardust Power has finalized an exclusive licensing agreement with KMX Technologies to utilize advanced vacuum membrane distillation (VMD) technology for lithium extraction and concentration, enhancing production efficiency and sustainability [1][2][3] Company Overview - Stardust Power is an American developer of battery-grade lithium products, focused on building resilient supply chains to bolster America's energy leadership [6] - The company is developing a lithium refinery in Muskogee, Oklahoma, with an anticipated production capacity of up to 50,000 metric tons per annum [6] Licensing Agreement Details - The exclusive license allows Stardust Power to operate KMX's VMD units for lithium extraction across the U.S., Canada, and select international markets [2][5] - This agreement supports the company's commitment to developing the North American lithium supply chain and onshoring critical minerals [2] Technology Benefits - KMX's VMD technology reduces energy consumption and water use, enhancing operational efficiency and sustainability in lithium production [3][4] - The technology minimizes losses during lithium concentration from brine sources and produces high-quality water as a byproduct, contributing to water sustainability [4] Strategic Goals - The integration of KMX's technology aims to lower operating costs and strengthen the U.S. critical mineral supply chain, enhancing national security [3][5] - Stardust Power plans to optimize the delivery of feedstocks to its lithium refinery by deploying KMX's VMD technology throughout its supply chain [5]
Stardust Power Announces Exclusive Licensing Agreement for Lithium Brine Concentration Technology from KMX Technologies