Core Viewpoint - Stardust Power Inc. has engaged 38 North Solutions to enhance its federal policy and funding strategy, focusing on critical minerals and domestic lithium manufacturing as it progresses with its project development [1][2][3]. Company Overview - Stardust Power is an American developer of battery-grade lithium carbonate, aiming to strengthen U.S. energy security through resilient supply chains [6]. - The company is constructing a lithium refinery in Muskogee, Oklahoma, with an annual production capacity of up to 50,000 metric tons of battery-grade lithium carbonate [6]. Partnership with 38 North Solutions - 38 North Solutions will provide guidance on federal public-policy priorities and critical-minerals initiatives, facilitating engagement with relevant agencies [2][3]. - The firm specializes in critical minerals, energy, and advanced manufacturing, helping companies navigate federal processes and access incentives [3][7]. Strategic Importance - The partnership is timely as the U.S. focuses on critical minerals and domestic energy independence, enhancing Stardust Power's position in Washington, D.C. [4]. - The company has established relationships with state and local officials, securing potential incentives, including an analysis indicating up to $257 million in support from the Oklahoma Department of Commerce [4]. Project Development and Funding - The City and County of Muskogee approved a $27 million Tax Increment Financing (TIF) district to fund public infrastructure improvements for the refinery [4]. - Stardust Power is actively engaging with federal authorities for additional incentives aligned with key project milestones [4]. Industry Context - Critical minerals are central to U.S. national security, and Stardust Power's mission aligns with federal mandates to secure domestic supply chains [5]. - The production of battery-grade lithium in the U.S. supports energy security and the onshoring of manufacturing, contributing to American job creation [5].

Core Viewpoint - American Battery Technology Company (ABTC) has reported a significant increase in quarterly revenue, tripling its revenue in the third fiscal quarter of 2025, driven by advancements in battery recycling and lithium manufacturing technologies [1]. Battery Recycling Highlights - ABTC has implemented multi-shift, 24/7 operations at its battery recycling facility, more than doubling the mass of battery material recycled compared to the previous quarter [6]. - Total revenues from the sale of recycled battery materials reached $1.0 million, approximately tripling from the previous quarter [6]. Primary Lithium Manufacturing Highlights - ABTC has developed technologies for manufacturing lithium hydroxide from Nevada-based claystone and has constructed a pilot facility that successfully produced large quantities of lithium hydroxide during the reported quarter [6]. - The company is negotiating long-term commercial offtake agreements for the lithium hydroxide product, with a designed commercial scale lithium refinery planned to produce 30,000 tonnes per year [6]. Financial Highlights - Cash cost of goods sold for the quarter was $2.3 million, a slight increase from $2.1 million in the previous quarter, indicating a significant improvement in gross cash margin with revenue increasing by approximately 200% [6]. - Company reimbursements from government grants increased to $2.0 million, compared to $1.3 million during the same period of the prior year [7]. - As of March 31, 2025, the company had total cash on hand of $7.8 million, with $2.8 million available and $5 million restricted for compliance [7].