Westwater ResourcesNYSE American: WWR

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.

Westwater Resources Inc (NYSE-A:WWR) has expressed its approval of the new tariffs on Chinese electric vehicles (EVs) and critical minerals being brought into the US. The company is committed to producing battery-grade natural graphite anode material in the US specifically for non-Chinese EVs.

Westwater Resources Inc (NYSE-A:WWR) has highlighted major milestones achieved in 2023, which it believes has put the US-based natural graphite company in a strong position for this year.   “We believe 2023 was a year of significant progress across our graphite business, which was the result of tremendous hard work by the Westwater team,” Westwater executive chairman Terence J.

Westwater Resources Inc (NYSE-A:WWR) announced that it has increased its Phase 1 production capacity at its Kellyton graphite processing plant in Alabama to 12,500 million tons (mt) of battery-grade natural graphite anode material. The company said that during the fourth quarter of 2023 and early 2024, it worked with a third-party engineering firm and equipment manufacturers to increase the design capacity of coated spherical purified graphite (CSPG) production at the plant.

Alabama-based graphite company Westwater Resources Inc (NYSE-A:WWR) recently announced that it has signed its first graphite off-take agreement with South Korean electric vehicle (EV) battery developer SK On. The announcement is significant for the company which is positioning itself to be a key domestic supplier of graphite for American EV-makers.

Westwater Resources Inc (NYSE-A:WWR) has inked its inaugural off-take agreement with SK On Co., Ltd., a leading electric vehicle (EV) battery manufacturer with major clients including Ford, Hyundai, and Volkswagen.

Westwater Resources Inc (NYSE-A:WWR) booked a net loss of $3.5 million in the third quarter to end September 2023, in line with the $3.5 million loss booked in the corresponding period a year earlier. The loss per share was $0.07, as it was in the third quarter of 2022.

Westwater Resources Inc (NYSE-A:WWR) booked a net loss of $3.5mln in the third quarter to end September 2023, in line with the $3.5mln loss booked in the corresponding period a year earlier. The loss per share was $0.07, as it was in the third quarter of 2022.

Westwater Resources Inc (NYSE-A:WWR) said it plans to close a financing deal to fund the remaining capital requirements for the initial phase of its flagship Kellyton Graphite Processing Plant as it reported its second-quarter results. “The interest in funding our project remains strong.