Stardust Power Inc.

Good afternoon, and welcome to Stardust Power Inc.'s Q2 2026 earnings call. My name is Tawanda, and I'll be your operator today. Before this call, Stardust Power issued its financial results for the quarter ended June 30th, 2026. Joining us on today's call are Stardust Power founder and CEO, Roshan Pujari, and CFO, Uday Devasper. Following their remarks, we will open the call for questions. Before we begin, Johanna Gonzalez, Stardust Power's Director of Investor Relations and Communications, will make a brief introductory statement. Ms. Gonzalez, please proceed.

Thank you, operator, and good afternoon, everyone. Before management begins their formal remarks today, we would like to remind everyone that some statements we're making today may be considered forward-looking statements under securities laws and involve a number of risks and uncertainties. As a result, we caution you that there are a number of factors, many of which are beyond our control, which could cause actual results, outcomes, and events, and the timings of such results, outcomes, and events to differ materially from those described in the forward-looking statements. For more detailed risks, uncertainties, and assumptions related to our forward-looking statements, please see the disclosures in our earnings release and public filings made with the SEC. We disclaim any obligation or undertaking to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law. We refer you to our filings with the SEC for detailed disclosures and descriptions of our business, as well as uncertainties and other variable circumstances, including but not limited to risks and uncertainties identified under the caption risk factors in our recent filings. You may get Stardust Power's SEC filings by visiting the SEC's website at www.sec.gov. I would like to remind everyone that this call is being recorded and will be made available for replay via a link available in the Investor Relations section of the Stardust Power website. Now, I will turn the call over to Stardust Power CEO, Roshan Pujari.

Thank you, Johanna, and good afternoon, everyone. Thank you for joining us today. During the second quarter, we continue to advance commercial relationships, project development activities, and financing initiatives that are fundamental to moving the Stardust Power lithium refinery towards construction. While lithium prices have strengthened from the lows experienced in late 2025, we still view the market through a long-term lens. The strategic importance of establishing a secure domestic critical mineral supply chain continues to be reinforced by wider industry investment and U.S. government support, and our focus remains on positioning Stardust Power to participate in that long-term opportunity. We've said previously building a large-scale industrial project is a disciplined process that progresses through a series of technical, commercial, and financing milestones. While we might not always be able to give public announcements on those milestones, our focus remains on the planning work that meaningfully reduces project risk, strengthens the project path towards financing, and supports long-term value creation for our shareholders. We remain disciplined in how we allocate our time and resources. with our efforts centered on the commercial, strategic, and financing activities that will position the project for construction. This afternoon, I'll provide an update on our progress during the quarter before turning the call over to Uday to review our financial results in more detail. Our work during the quarter centered on activities that improve project readiness, reduce execution risk, and strengthen the refinery's path towards financing and construction. The company engaged third-party contractors to perform geotechnical and subsurface investigations at our Mississauga site to identify and test specific locations for load verification efforts. This work supports detailed design and constructability planning while reducing execution risk and strengthening progress. Importantly, with key permits already in place, including those required for construction and commissioning, these activities further position the refinery for EPC as commercial and financing milestones are achieved. We were pleased to be selected as the industrial partner in a U.S. Department of Energy funded research initiative led by Ohio University focused on next generation lithium extraction technologies. This collaboration strengthens our position within the domestic critical minerals ecosystem while supporting the evaluation of potential future domestic feedstock sources. Alongside these project development activities, we continue to move forward our government, industry, and community engagement efforts. During the quarter, we continue to strengthen our engagement across the Muscogee community and the state of Oklahoma through a range of workforce, regulatory, and community initiatives. We were proud to sponsor and participate in events including Muscogee Public Service Recognition Week and the Muscogee Fair. while also engaging with state environmental leaders through the Environmental Federation of Oklahoma regulatory newsreel and participating in workforce development discussions focused on building Oklahoma's future manufacturing talent pipeline. In June, our managing director for Oklahoma, John Riesenberg, graduated from the nine-month Leadership Muskogee program, further strengthening the company's relationships across local government Business and Community Organizations. Well done, John. These initiatives are all an important part of preparing for the future operation of the refinery. Building strong relationships with local leaders, regulatory agencies, educational institutions, and community organizations helps establish the partnerships needed to support workforce development, operational readiness, and the long-term success of the project. Following the quarter end, members of our executive team recently traveled to Washington D.C. to meet with Oklahoma's congressional delegation and representatives from key federal agencies. These discussions reinforce the strategic importance of expanding domestic critical mineral processing capacity and the role Stardust Power can play in supporting a more secure U.S. battery material supply chain. Beyond engineering and execution planning, we strengthened the commercial and strategic foundations of the project during the quarter. Our discussions with prospective feedstock suppliers potential off-take counterparties, government stakeholders, and potential strategic financing partners remained active throughout the quarter. While there are no material developments to announce at this time, these discussions continue as we assemble the commercial, technical, and strategic elements necessary to support project financing and the long-term development of the refinery. Construction financing remains our highest corporate priority and our team continues to focus on the commercial, technical and strategic work required to position the project for future financing opportunities while maintaining a disciplined approach to capital allocation. Looking ahead, our priorities remain unchanged. First, we will continue strengthening the commercial and strategic foundations that support project financing. Second, we will continue progressing engineering and site readiness to further mature the project and reduce execution risk. And third, we will continue expanding relationships across the domestic critical mineral ecosystem with prospective customers, feedstock suppliers, strategic partners, and government stakeholders. We recognize that shareholders remain focused on our progress towards financing and long-term project execution. We remain committed to communicating material developments as they occur. Large industrial projects are built through disciplined execution across a series of commercial, technical, and financing milestones. While those milestones are not always visible quarter to quarter, our attention remains on the work that meaningfully improves the project's readiness and positions Stardust Power for long-term success. We remain confident in the strategic positioning of the Muscogee Refinery and believe the work completed this quarter further strengthens the project long-term financing and development pathway. And with that, I'll hand over to our CFO, Uday Devasper.