Stardust Power Inc. reported third-quarter results, including completion of the FEL-3 engineering report for the Muskogee, Oklahoma lithium refinery. The company regained full listing compliance on Nasdaq and secured two supply agreements for lithium carbonate equivalent. CEO Roshan Pujari expressed excitement about the progress towards establishing a major U.S. source of battery-grade lithium.

Financially, the company remains debt-free with $1.6 million in cash and cash equivalents. Net loss for Q3 2025 was $4.5 million, an improvement from the prior year. Net cash used in operating activities decreased, while net cash provided by financing activities was $10.2 million. The company is progressing towards a final investment decision and construction in Muskogee.

Stardust Power will host a conference call on November 13, 2025, at 5:30 pm EST to discuss the results. Participants can join via the provided link. The earnings call will be available on the company website after the event. Stardust Power is a developer of battery-grade lithium carbonate aiming to enhance America’s energy security through resilient supply chains. The company trades on Nasdaq under the ticker “SDST” and is committed to sustainability.

Read more at GlobeNewswire: Stardust Power Announces Q3 2025 Financial Results