CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company (“Westwater” or the “Company”), is pleased to announce its updates for the third quarter ended September 30, 2024. 2024 Third Quarter Highlights During the third quarter, Westwater continued to evaluate its plant design, construction schedule and cost for Phase I of the Kellyton Graphite Plant. As a result, Westwater has lowered the estimated cost of Phase I to $245 million, down from the previous estimate of $271 million. This rep...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE: American: WWR), an energy technology and battery-grade natural graphite company (“Westwater Resources” or “Westwater”), supports the updated guidance issued by the U.S. Department of the Treasury allowing for the inclusion of raw material costs within the 45X Advanced Manufacturing Production Credit as defined under the Inflation Reduction Act. Pursuant to the updated guidance, manufacturers of applicable battery materials including graphite are allowed to include both direct and indirect raw material costs within the produ...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE: American: WWR), an energy technology and battery-grade natural graphite company (“Westwater Resources” or “Westwater”), supports the Office of the United States Trade Representative (USTR) decision to proceed with Section 301 tariffs on commodity imports from China, including lithium-ion batteries and natural graphite. Pursuant to the terms of Section 301, three new natural graphite products from China will be subject to a 25% tariff. Natural graphite is imported in a variety of forms under several Harmonized Tariff Schedul...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE: American: WWR), an energy technology and battery-grade natural graphite company (“Westwater Resources” or “Westwater”), today announced the execution of a binding off-take agreement for the supply of its Fines material with Hiller Carbon, a leading supplier of pelletized materials to the steel and foundry industries. Pursuant to the terms of the Off-Take Agreement, Westwater will supply natural graphite Fines material from its Kellyton Graphite Plant located near Kellyton, Alabama to Hiller Carbon’s plants located within th...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company, announced today that it has executed a term sheet and agreed to exclusivity with a global financial institution for a $150 million secured debt facility, which would be used to complete the construction of Phase I of the Kellyton Plant. “Following the announcement of our second offtake agreement in July, Westwater has reached another significant milestone by entering into exclusivity with a global financial institution for a debt fa...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR) an energy technology and battery-grade natural graphite development company, is confirmed to present at the , which is being held September 4-5, at the in San Francisco, CA. Westwater's management team is scheduled to present on Wednesday, September 4th at 12:30 p.m. Pacific Time (PT). The presentation will be webcast live and available for replay . In addition to the presentation, Westwater executives will be available for one-on-one meetings throughout the conference. For additional information, to reque...
Westwater Resources to Present at the 2024 Gateway Conference on September 4, 2024 CENTENNIAL, Colo., Aug. 27, 2024 (GLOBE NEWSWIRE) -- (“Westwater”) (NYSE: WWR), an energy technology and battery-grade natural graphite development company, is confirmed to present at the , which is being held September 4-5, at the in San Francisco, CA. Westwater's management team is scheduled to present on Wednesday, September 4th at 12:30 p.m. Pacific Time (PT). The presentation will be webcast live and available for replay at this . In addition to the presentation, Westwater’s executives will be ava...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company (“Westwater” or the “Company”), is pleased to announce its updates for the second quarter ended June 30, 2024. 2024 Second Quarter Highlights During the second quarter, Westwater achieved critical milestones related to its natural graphite business, notably: In July, Westwater announced a binding Off-Take Agreement with Fiat Chrysler Automobiles (“FCA”), part of the Stellantis group of companies. 100% of planned Phase I batte...
CFO Steve Cates recently joined us on the WTR Sustainable Investing podcast. WWR is developing and now constructing the first fully integrated graphite mining and processing operation in the contiguous US. Those interested can listen to the episode on Apple Podcasts, Spotify, or on our website. Links available in our full report. When asked about the value proposition of the company, Cates said WWR is the only publicly traded, US-based graphite anode company with 100% domestic sourcing and proce...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite company (“Westwater Resources” or “Westwater”), today announced the execution of a binding off-take agreement with Fiat Chrysler Automobiles (“FCA”), a leading electric vehicle (“EV”) manufacturer and part of the Stellantis group of companies. Pursuant to the terms of the Off-Take Agreement, Westwater will supply natural graphite anode material from its Kellyton Graphite Plant located near Kellyton, Alabama, to FCA’s battery partner plants located withi...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR) an energy technology and battery-grade natural graphite development company, today announced detail for its conference call to be held on July 18, 2024, at 10:00 am eastern time. Management plans to discuss recent progress at its Kellyton Graphite Plant, customer engagement and future plans. Live Conference Call 1-844-763-8274 (USA and Canada) 1-647-484-8814 (International) Conference ID: Westwater Resources Conference Call Webcast: Conference Call Replay 1-855-669-9658 (USA and Canada) ...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR) an energy technology and battery-grade natural graphite development company, today announced it will hold a conference call to provide a business update to discuss recent progress and future plans on July 18, 2024, at 10:00 am eastern time. Conference call information related to this business update will be announced ahead of the call. About Westwater Resources, Inc. Westwater Resources is focused on developing battery-grade natural graphite products. The Company’s primary project is the Kellyton Graphite...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR) an energy technology and battery-grade natural graphite development company, today announced that an independent proxy advisory firm – Institutional Shareholder Services Inc. (“ISS”) – has recommended voting “FOR” each of the five proposals pending before the shareholders at Westwater’s 2024 Annual Meeting (“Annual Meeting”) scheduled for May 30, 2024. As detailed in the proxy statement filed on April 5, 2024 for the Annual Meeting, there are five proposals that are being presented to Westwater’s shareholders...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR) an energy technology and battery-grade natural graphite development company, today announced that an independent proxy solicitation firm – Institutional Shareholder Services Inc. (“ISS”) – has recommended voting “FOR” each of the five proposals pending before the shareholders at Westwater’s 2024 Annual Meeting (“Annual Meeting”) scheduled for May 30, 2024. As detailed in the proxy statement filed on April 5, 2024 for the Annual Meeting, there are five proposals that are being presented to Westwater’s sharehol...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite company (“Westwater Resources”), today acknowledged its support of the recent actions taken by the United States Trade Representative and the White House, related to electric vehicle (“EV”) and critical mineral tariffs. On May 14, 2024, the White House announced the results of its four-year review of Section 301 tariffs on Chinese products. Notably, the announcement includes an increase from 25% to 100% on imported Chinese EVs in 2024, and a 25% tariff ...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company, today announced it will hold a conference call to provide a business update related to its graphite business in the first part of June 2024 following its Annual Shareholder Meeting. Westwater held an investor call on March 20, 2024, at which time it provided an update to investors on first quarter business matters. Specifically, the execution of its first off-take agreement with SK On for Coated Spherical Purified Graphite (“CSPG”),...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company (“Westwater” or the “Company”), is pleased to announce its results for the year ended December 31, 2023, and to provide business and financial updates. 2023 a Year of Progress During 2023, Westwater achieved critical milestones and achievements related to its planned natural graphite business, notably: In May 2023, Westwater announced the execution of a joint development agreement (“JDA”) with SK On Co, Ltd. (“SK On”). On Feb...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company, today announced it will hold a conference call to discuss its financial results for the year ended December 31, 2023, and provide a business update related to its graphite business. The call will be held on March 20, 2024 at 11:00 AM Eastern time. Live Conference Call 1-800-319-4610 (USA and Canada) 1-604-638-5340 (International) Conference ID: Westwater Resources Conference Call Webcast: Conference Call Replay ...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company (“Westwater” or the “Company”), is announcing an additional increase in Phase I production to 12,500 mt per year of battery-grade natural graphite anode material. In November 2023, Westwater previously announced a capacity increase from 7,500 mt to 10,000 mt per year. During the fourth quarter of 2023 and early 2024, Westwater worked with its third-party engineering firm and equipment manufacturers to increase design capacity of coat...
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE: American: WWR), an energy technology and battery-grade natural graphite company (“Westwater Resources” or “Westwater”), today announced the execution of its first off-take agreement with SK On Co., Ltd. (“SK On” and such agreement, the “Off-Take Agreement”), a leading electric vehicle (“EV”) battery manufacturer, supplying electric vehicle batteries to Ford, Hyundai, Volkswagen and others. Pursuant to the terms of the Off-Take Agreement, Westwater will supply CSPG-10 natural graphite anode products (the “Product”) from its...
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