Core Viewpoint - Stardust Power Inc. has appointed Mr. Carlos Urquiaga as Senior Advisor to guide the company through critical stages, particularly in capital raising and achieving Final Investment Decision (FID) for its lithium production initiatives [1][4][5]. Company Overview - Stardust Power Inc. is an American developer focused on battery-grade lithium products, aiming to enhance America's energy leadership by establishing resilient supply chains [6]. - The company is developing a lithium refinery in Muskogee, Oklahoma, with an expected production capacity of up to 50,000 metric tons per annum of battery-grade lithium [6]. Appointment of Carlos Urquiaga - Mr. Urquiaga brings over 30 years of experience in the metals and mining, energy, and infrastructure sectors, with a specialization in capital raising and financial advisory services [2]. - He has successfully delivered over $40 billion in financing and advisory transactions throughout his career, including significant projects in the electric vehicle battery materials supply chain [2][3]. - His previous roles include senior leadership positions at BNP Paribas, Citi, and Appian Capital, where he was involved in high-value transactions such as Teck's Quebrada Blanca Phase 2 project and Freeport's Cerro Verde expansion [3]. Strategic Focus - As Senior Advisor, Mr. Urquiaga will lead efforts to achieve FID and support capital raising activities through both debt and equity financing [4]. - He will also assist in advancing the company's strategic initiatives to scale lithium production and meet the growing demand for battery-grade materials [4][5].
Stardust Power Inc. Appoints Carlos Urquiaga as Senior Advisor