Streetbeat News

USHAF

Usha Resources Ltd

Industry

Dimension Stone Mining and Quarrying

Open

0.04

Mkt cap

2.9M

Volume

High

0.04

P/E Ratio

-0.53

52-wk high

0.10

Low

0.03

Div yield

N/A

52-wk low

0.03

Stardust Power, a lithium refining company, is set to go public on the Nasdaq in June through a $490 million SPAC deal with Global Partner Acquisition Corp II (NASDAQ: GPAC). The company is building a lithium refinery in Oklahoma and aims to produce up to 50,000 metric tons of battery-grade lithium. The SPAC deal comes amid fluctuating lithium prices and growing EV demand. Stardust is also developing upstream lithium supply lines and has agreements with Usha Resources Ltd. (OTC: USHAF) and QX Resources Ltd.

Portfolio Pulse from Matt Whittaker

May 21, 2024 | 7:53 pm

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