Articles for tag: 1.2bn, breaks, ground, lithium, Oklahoma, power, refinery, Stardust

January 28, 2025

Ron Finklestien

mining

Stardust Power Begins Construction on $1.2 Billion Lithium Refinery in Oklahoma

Stardust Power Takes Major Step in Lithium Refinery Development Acquisition of Prime Location Near Port of Muskogee Stardust Power acquired a 66-acre site (approximately 267,000 square metres) close to the Port of Muskogee in December 2024. This purchase follows an environmental evaluation in 2023, which confirmed the property is ideal for building a lithium refinery. The shovel-ready site is near the country’s largest inland waterway system and extensive road and rail networks. Strategic Benefits for Construction and Operations The company notes that the site presents numerous advantages for both construction and operations. Its location provides access to major logistical networks

April 20, 2024

Ron Finklestien

mining

Revolutionizing the Battery Material Industry: Nouveau Monde Graphite’s Major Expansion

Shaking Up the Graphite Market China’s recent move to tighten export regulations on graphite products has sent ripples through the global market. As the world’s leading graphite producer and exporter, China holds a significant influence over the supply chain. With more than 90% of the world’s graphite refined by China for electric vehicle (EV) battery anodes, this new export permit requirement showcases a strategic move to maintain dominance in global manufacturing. The North American Perspective Concerns over the scarcity of graphite supply in North America are escalating as the Lac des Iles mine in Quebec faces depletion. With a demand

March 21, 2024

Ron Finklestien

mining

The Golden Surge: Gold Price Surpasses $2,200 Mark for the First Time

Gold’s Unprecedented Rally Gold, the age-old harbinger of uncertainty, has once again set tongues wagging in the financial world. The precious metal, which embarked on its latest rally mid-February, has shattered records with a seemingly unstoppable climb. Fuelled by enduring tailwinds such as heightened geopolitical tensions and increased central bank purchases, gold has clinched new highs five times this month alone. Driving Forces Behind the Bullion The gold market has left seasoned experts scratching their heads with its meteoric rise, lacking a clear-cut catalyst. Despite the absence of a definitive trigger, expectations of a more accommodative monetary policy in the