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Stardust Power Welcomes Paramita Das as Chief Strategy Officer and Senior Advisor to Chief Executive

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Stardust Power Inc. (NASDAQ: SDST) has announced the appointment of Paramita Das as Chief Strategy Officer and Senior Advisor to the CEO. With over 20 years of experience in the metals and mining sector, Das brings valuable expertise to support Stardust Power's mission of reshoring lithium processing and production for U.S. energy independence.

Das previously held leadership positions at Rio Tinto, where she served as Global Head of Marketing, Development and ESG for Metals and Minerals. Her experience includes roles at Sumitomo , Itochu , UACJ Consortium, and BP. She currently serves on the boards of Genco Shipping & Trading and Coeur Mining, Inc.

In her new role, Das will advise CEO Roshan Pujari and support the company's next phase of commercialization and development, focusing on advancing Stardust Power's battery-grade lithium refinery in Oklahoma and establishing a robust ESG framework.

Stardust Power Inc. (NASDAQ: SDST) ha annunciato la nomina di Paramita Das come Chief Strategy Officer e Senior Advisor per il CEO. Con oltre 20 anni di esperienza nel settore dei metalli e delle miniere, Das porta un'esperienza preziosa per supportare la missione di Stardust Power di riportare la lavorazione e la produzione di litio negli Stati Uniti per l'indipendenza energetica.

Das ha ricoperto in precedenza posizioni di leadership presso Rio Tinto, dove ha svolto il ruolo di Global Head of Marketing, Development e ESG per Metalli e Minerali. La sua esperienza include ruoli in Sumitomo, Itochu, UACJ Consortium e BP. Attualmente è membro dei consigli di amministrazione di Genco Shipping & Trading e Coeur Mining, Inc.

Nel suo nuovo ruolo, Das consiglierà il CEO Roshan Pujari e supporterà la prossima fase di commercializzazione e sviluppo dell'azienda, concentrandosi sull'avanzamento della raffineria di litio di Stardust Power di grado batteria in Oklahoma e sull'istituzione di un solido framework ESG.

Stardust Power Inc. (NASDAQ: SDST) ha anunciado el nombramiento de Paramita Das como Chief Strategy Officer y Asesora Senior del CEO. Con más de 20 años de experiencia en el sector de metales y minería, Das aporta una valiosa experiencia para apoyar la misión de Stardust Power de relocalizar el procesamiento y la producción de litio para la independencia energética de Estados Unidos.

Das ocupó anteriormente cargos de liderazgo en Rio Tinto, donde fue Jefa Global de Marketing, Desarrollo y ESG para Metales y Minerales. Su experiencia incluye roles en Sumitomo, Itochu, UACJ Consortium y BP. Actualmente forma parte de las juntas directivas de Genco Shipping & Trading y Coeur Mining, Inc.

En su nuevo rol, Das asesorará al CEO Roshan Pujari y apoyará la próxima fase de comercialización y desarrollo de la empresa, enfocándose en avanzar la refinería de litio de calidad de batería de Stardust Power en Oklahoma y en establecer un sólido marco ESG.

스타더스트 파워 주식회사(Stardust Power Inc., NASDAQ: SDST)는 파라미타 다스(Paramita Das)를 최고 전략 책임자 및 CEO의 선임 고문으로 임명했다고 발표했습니다. 20년 이상의 금속 및 광업 분야 경험을 가진 다스는 스타더스트 파워의 미국 에너지 독립성을 위한 리튬 가공 및 생산의 리쇼어링을 지원하는 데 귀중한 전문 지식을 제공합니다.

다스는 이전에 리오 틴토(Rio Tinto)에서 마케팅, 개발 및 ESG의 글로벌 책임자로 재직했습니다. 그녀의 경력에는 스미토모(Sumitomo), 이토추(Itochu), UACJ 컨소시엄 및 BP에서의 역할이 포함됩니다. 현재 그녀는 겐코 배송 및 거래(Genco Shipping & Trading)와 코르 광업(Coeur Mining, Inc.)의 이사로 재직 중입니다.

새로운 역할에서 다스는 CEO 로샨 푸자리(Roshan Pujari)에게 조언하고, 스타더스트 파워의 상업화 및 개발의 다음 단계를 지원하며, 오클라호마에 있는 스타더스트 파워의 배터리 등급 리튬 정유소를 발전시키고 강력한 ESG 프레임워크를 구축하는 데 집중할 것입니다.

Stardust Power Inc. (NASDAQ: SDST) a annoncé la nomination de Paramita Das en tant que Chief Strategy Officer et Conseillère Senior du PDG. Forte de plus de 20 ans d'expérience dans le secteur des métaux et des mines, Das apporte une expertise précieuse pour soutenir la mission de Stardust Power de rapatrier le traitement et la production de lithium pour l'indépendance énergétique des États-Unis.

Das a précédemment occupé des postes de direction chez Rio Tinto, où elle a été Responsable Mondiale du Marketing, du Développement et de l'ESG pour les Métaux et Minéraux. Son expérience comprend des rôles chez Sumitomo, Itochu, UACJ Consortium et BP. Elle siège actuellement aux conseils d'administration de Genco Shipping & Trading et Coeur Mining, Inc.

Dans son nouveau rôle, Das conseillera le PDG Roshan Pujari et soutiendra la prochaine phase de commercialisation et de développement de l'entreprise, en se concentrant sur l'avancement de la raffinerie de lithium de qualité batterie de Stardust Power en Oklahoma et sur l'établissement d'un cadre ESG solide.

Stardust Power Inc. (NASDAQ: SDST) hat die Ernennung von Paramita Das zur Chief Strategy Officer und Senior Advisor des CEO bekannt gegeben. Mit über 20 Jahren Erfahrung im Metall- und Bergbau bringt Das wertvolle Expertise, um die Mission von Stardust Power zu unterstützen, die Lithiumverarbeitung und -produktion für die energetische Unabhängigkeit der USA zurückzuverlagern.

Vorher hatte Das Führungspositionen bei Rio Tinto inne und war dort Global Head of Marketing, Development und ESG für Metalle und Mineralien. Ihre Erfahrung umfasst auch Rollen bei Sumitomo, Itochu, UACJ Consortium und BP. Derzeit sitzt sie im Vorstand von Genco Shipping & Trading und Coeur Mining, Inc.

In ihrer neuen Rolle wird Das CEO Roshan Pujari beraten und die nächste Phase der Kommerzialisierung und Entwicklung des Unternehmens unterstützen, mit dem Fokus auf den Ausbau der batteriegradigen Lithiumraffinerie von Stardust Power in Oklahoma und der Etablierung eines robusten ESG-Rahmens.

Positive
  • Appointment of experienced executive Paramita Das as Chief Strategy Officer and Senior Advisor
  • Das brings 20+ years of leadership experience in the metals and mining sector
  • Potential for improved commercialization and development strategies
  • Focus on advancing the battery-grade lithium refinery in Oklahoma
  • Emphasis on establishing a robust ESG framework
Negative
  • None.

Former Rio Tinto Executive Joins Company in Support of Mission to Secure U.S. Energy Leadership

GREENWICH, Conn., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium products, today announced that Paramita Das will join as Chief Strategy Officer and Senior Advisor. She will directly advise the Company’s Chief Executive Officer and Founder, Roshan Pujari.

With a 20-plus year career of increasing leadership roles and responsibilities at some of the world’s largest metals and minerals companies, Ms. Das has agreed to serve as Stardust Power’s lead external adviser, supporting the Company’s next phase of commercialization and development.

“We are ecstatic to be working with Paramita given her stature and global leadership experience in the metals and mining sector, as we continue to advance our battery-grade lithium refinery in Oklahoma,” said Roshan Pujari. “Paramita shares our vision of reshoring lithium processing and production to support U.S. energy independence. I look forward to working closely with her to ensure Stardust Power remains at the forefront of operational supply chain and sustainability practices.”

Ms. Das has over 20 years of experience working with and serving on the boards of global companies, and brings deep expertise in leading teams of commercial, business development and technical professionals. Previously, she spent over 8 years at Rio Tinto, the world’s second largest metals and mining corporation, most recently serving as the Global Head of Marketing, Development and ESG, Metals and Minerals for various Rio Tinto Corporate listed entities. She also had lead roles in commercialization by transforming business segments into highly profitable divisions. Previously, she served as Chief Strategy Officer for Operating Consortium of Sumitomo Corporation, Itochu Corporation, UACJ Consortium and Head of Strategic Planning & Performance at BP’s business unit. She currently serves on the Board of Directors of Genco Shipping & Trading Limited, and Coeur Mining, Inc.  

“I am thrilled to join the exceptional team at Stardust Power as Chief Strategy Officer and Senior Advisor," said Ms. Das. “As an emerging growth company, Stardust Power offers a unique opportunity to establish a leading U.S. lithium refinery from the ground up. This role allows me to leverage my expertise in commodities and mining while addressing crucial aspects like electrification and supply chain security. I am eager to contribute to creating a robust ESG framework for how we communicate, operate, and report to stakeholders. I look forward to supporting Roshan and the entire Stardust Power team in this exciting and impactful mission.”

About Stardust Power Inc.

Stardust Power is a developer of battery-grade lithium products designed to supply the electric vehicle (EV) industry and bolster America’s energy leadership by building resilient supply chains. Stardust Power is developing a strategically central lithium refinery in Muskogee, Oklahoma with the anticipated capacity of producing up to 50,000 metric tons per annum of battery-grade lithium. The company is committed to sustainability at each point in the process. Stardust Power trades on the Nasdaq under the ticker symbol “SDST.”

For more information, visit www.stardust-power.com

Stardust Power Contacts

For Investors:
Johanna Gonzalez 
investor.relations@stardust-power.com

For Media:
Michael Thompson 
media@stardust-power.com

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements.” Such forward-looking statements are often identified by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “forecasted,” “projected,” “potential,” “seem,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or otherwise indicate statements that are not of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements and factors that may cause actual results to differ materially from current expectations include, but are not limited to: the ability of Stardust Power to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of Stardust Power to grow and manage growth profitably, maintain key relationships and retain its management and key employees; risks related to the uncertainty of the projected financial information with respect to Stardust Power; risks related to the price of Stardust Power’s securities, including volatility resulting from changes in the competitive and highly regulated industries in which Stardust Power plans to operate, variations in performance across competitors, changes in laws and regulations affecting Stardust Power’s business and changes in the combined capital structure; and risks related to the ability to implement business plans, forecasts, and other expectations and identify and realize additional opportunities. The foregoing list of factors is not exhaustive.

Stockholders and prospective investors should carefully consider the foregoing factors and the other risks and uncertainties described in documents filed by Stardust Power from time to time with the SEC.

Stockholders and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which only speak as of the date made, are not a guarantee of future performance and are subject to a number of uncertainties, risks, assumptions and other factors, many of which are outside the control of Stardust Power. Stardust Power expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations of Stardust Power with respect thereto or any change in events, conditions or circumstances on which any statement is based.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/924a57ab-c2fd-470b-8f4a-3d5748996048


FAQ

Who is Stardust Power's new Chief Strategy Officer and Senior Advisor?

Paramita Das has been appointed as Stardust Power's new Chief Strategy Officer and Senior Advisor to the CEO.

What is Stardust Power's (SDST) main focus in the lithium industry?

Stardust Power (SDST) is focused on reshoring lithium processing and production to support U.S. energy independence, with a battery-grade lithium refinery project in Oklahoma.

What is Paramita Das's background before joining Stardust Power (SDST)?

Paramita Das has over 20 years of experience in the metals and mining sector, including leadership roles at Rio Tinto, Sumitomo , Itochu , UACJ Consortium, and BP.

How will Paramita Das contribute to Stardust Power's (SDST) strategy?

Das will advise the CEO, support commercialization and development, advance the Oklahoma lithium refinery project, and help establish a robust ESG framework for the company.

Stardust Power Inc.

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Electrical Equipment & Parts
Primary Smelting & Refining of Nonferrous Metals
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United States of America
OKLAHOMA CITY