Stardust Power to build lithium refinery in Oklahoma

URLhttps://www.manufacturingdive.com/news/stardust-po
SourceManufacturing Dive
Date Published01/22/2024
Author NameKate Magill

Additional Reshoring Information:

Company/Division name Stardust Power
Parent companyStardust Power
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Capital investment ($):1000
City reshored to:Muskogee
State(s) reshored to:OK
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredbattery grade lithium
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Proximity to customers/market, Skilled workforce availability/training, state and federal incentives
Government Incentive dollar amount:$257mil
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