Southside Industrial Park in Muskogee has been chosen as a new site for Stardust Power Inc. to manufacture battery grade lithium products in a lithium refinery that could be eligible for $257 million in state and federal economic incentives that are offered by the U.S. Department of Energy.
The company may also be eligible for more grants and subsidies from the federal government. Oklahoma Department of Commerce, Tulsa Chamber, and City and Port of Muskogee are thankful for Governor Stitt. The company’s total investment will be $1 billion.
Roshan Pujari who is the founder and CEO of Stardust says that Oklahoma has many advantages for private employers that include a strong, well-trained workforce and an eye on the future of energy production.
Pujari says that there is no refinery for battery-grade lithium in the United States and that exposes the U.S. to national security and supply chain risks. America has growing energy demands and the new refinery will help speed America’s energy transition and create significant new investments.
The Muskogee site was selected because of Oklahoma’s central location which facilitates superior intermodal freight transportation options. Oklahoma is an emerging national leader in sustainable power, including solar and wind.
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