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Utah Lithium Project Supply Deal

Sector: Warehouse • Location: Utah, United States

Source: Sharecafe

Project
Planned

Mandrake Resources has entered a non-binding Letter of Intent with Stardust Power to supply 7,500 t pa of lithium chloride from its 100%-owned Utah Lithium Project. Stardust Power is constructing a 50,000 t pa lithium carbonate refinery in Muskogee, Oklahoma, aimed at strengthening the US domestic battery supply chain. The initial 12-year LOI, extendable by six years, uses a cost-plus pricing mode

Status
Prospective
Sector
Warehouse, Energy Storage, Oil and Gas, Power Generation (CCGT)
Location
Utah, United States of America
Updated
22 Jul 2026
Source
Sharecafe

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Project Information

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The project “Utah Lithium Project Supply Deal” is an infrastructure initiative in the Warehouse sector, located in Utah, United States. Taiyo aggregates data on it from Sharecafe.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Mandrake Resources has entered a non-binding Letter of Intent with Stardust Power to supply 7,500 t pa of lithium chloride from its 100%-owned Utah Lithium Project. Stardust Power is constructing a 50,000 t pa lithium carbonate refinery in Muskogee, Oklahoma, aimed at strengthening the US domestic battery supply chain. The initial 12-year LOI, extendable by six years, uses a cost-plus pricing model and aligns with US policy to onshore critical minerals.

Original sector

Energy

Location

Country

United States of America (USA)

State

Utah

Source

Source

Sharecafe

URL

More Details

Record type

Project

Sector

Warehouse, Energy Storage, Oil and Gas, Power Generation (CCGT)

Article published date

2025-11-05

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