Filed by Global Partner Acquisition Corp II pursuant to
Rule 425 under the Securities Act of 1933, as amended,
and deemed filed pursuant to Rule 14a-12 under
the Securities Exchange Act of 1934, as amended.
Subject Company: Global Partner Acquisition Corp II
Commission File No. 001-39875
STARDUST POWER SELECTS MUSKOGEE, OKLAHOMA, TO BUILD BATTERY-GRADE LITHIUM REFINERY AND SECURES ECONOMIC
INCENTIVES PACKAGE FOR THE FACILITY BUILD
Stardust Power is eligible to receive up to $257 million in state and federal
incentives for the build out of lithium refinery, supporting local job creation and keeping Oklahoma at forefront of Americas energy independence
GREENWICH, Conn., and TULSA, Okla., January 11, 2024 Stardust Power Inc. (Stardust Power or the
Company), a development stage American manufacturer of battery-grade lithium products, announced today that it has selected Southside Industrial Park in Muskogee, Oklahoma to build a new battery-grade lithium refinery, and is
expected to be eligible to receive up to $257 million in state and federal economic incentives for the facility build-out. The Company may also be eligible for further federal grants and or incentives
offered by the Department of Energy and the Department of Defense.
Stardust Power selected Muskogee, Oklahoma for its central refinery because of
Oklahomas central U.S. location, facilitating delivery of lithium inputs and shipment of battery-grade lithium products over multiple transportation routes to support the Companys refining operations. The areas superior intermodal
freight transport options as well as a highly skilled workforce trained in oil and gas engineering were other key factors. Additionally, Oklahoma is recognized as an emerging national leader in sustainable power, including solar and wind, supporting
Stardust Powers commitment to limit its carbon footprint.
Stardust Powers more than a billion-dollar investment is a testament to
Oklahomas all-of-the-above approach to energy, and our focus on workforce development, said Oklahoma
Governor Kevin Stitt. As we see more energy manufacturers moving to our state, due in part to our competitive, performance-based incentives, Stardust Powers new lithium refinery will create hundreds of new jobs while cementing
Oklahomas place as the best state in the nation for critical mineral manufacturing. Im proud to welcome Stardust Power to Oklahoma, and I applaud their commitment to American energy dominance.
Muskogee Mayor Marlon Coleman also commented, Muskogee is excited to welcome Stardust Power to our community, embracing a future filled with innovation
and sustainable growth. Stardust Powers choice to establish its cutting-edge lithium refinery here underscores Muskogees strategic advantages. We anticipate a prosperous partnership that contributes to our communitys continued
success.
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