May 16, 2026 archive

Lithium refiner updates finances

While it lost more than $5 million in the first quarter of 2026, lithium developer Stardust Power Inc. reported it is making headway in deploying capital toward engineering and readiness of its refining plant at Muskogee. “We made meaningful progress this quarter advancing the Muskogee refinery across key workstreams, including permitting, financing and feedstock development,” …

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Oil surges along with Trump’s impatience with Iran

The markets reacted Friday to the growing tension and unrest on the U.S. efforts to reach a peace deal with Iran and crude oil prices surged with gains of 4% to 5%. President Trump’s latest comments showed he is growing impatient with Iran. “I am not going to be much more patient,” Trump said in …

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