Part 9/11:
In a significant development for the EV market, Stardust Power has begun construction on one of the largest lithium refineries in the United States, located in Oklahoma. With an initial investment of $1.2 billion, the facility aims to produce 25,000 metric tons of lithium annually, eventually ramping up to 50,000 tons. This effort is crucial as the average EV requires about 8 kg of lithium, emphasizing the importance of establishing a domestic supply chain.