Welcome to our dedicated page for Westwater Resources news (Ticker: WWR), a resource for investors and traders seeking the latest updates and insights on Westwater Resources stock.
Westwater Resources, Inc. (WWR) is a diversified energy materials development company with a focus on exploring and developing a range of critical materials including lithium, graphite, uranium, and vanadium. The company’s primary project, the Coosa Graphite Project, spans approximately 41,965 acres in east-central Alabama, dedicated to the mining and production of high-purity natural graphite key for battery applications.
Westwater Resources also manages significant lithium projects such as the Columbus Basin Project covering around 14,200 acres in western Nevada and the Sal Rica Project covering approximately 13,260 acres in northwestern Utah. Apart from these, the company holds interests in various uranium projects, including extensive properties in New Mexico and Texas.
The company initially started as Uranium Resources, Inc., focusing primarily on uranium exploration and development. In August 2017, it rebranded to Westwater Resources, Inc. to better reflect its expanded scope into other energy materials.
Based in Centennial, Colorado, Westwater Resources is poised at the forefront of the evolving energy materials sector, especially with the growing demand for battery-grade materials driven by the electric vehicle and renewable energy markets. The company is committed to advancing its projects responsibly, ensuring sustainability and environmental stewardship in its operations.
Recent achievements include substantial progress in the Coosa Graphite Project, advancements in lithium extraction technologies, and strategic partnerships aimed at enhancing resource development and market reach. The company continues to explore new opportunities and remains focused on delivering long-term value to its shareholders.
Westwater Resources (NYSE American: WWR), an energy technology and battery-grade natural graphite development company, has announced a business update conference call scheduled for July 18, 2024. The call, set for 10:00 AM Eastern Time, aims to share recent progress and future plans. Details pertaining to the conference call will be released prior to the event.
Westwater Resources, an energy technology and battery-grade natural graphite company, announced that Institutional Shareholder Services (ISS) has recommended voting
Westwater Resources (NYSE American: WWR), a company specializing in battery-grade natural graphite, has expressed its support for recent actions by the US Trade Representative and the White House regarding tariffs on electric vehicles (EV) and critical minerals from China. On May 14, 2024, the White House revealed its decision to increase tariffs on imported Chinese EVs from 25% to 100% starting in 2024 and impose a 25% tariff on natural graphite imports from China beginning in 2026. This move is seen as a strategic effort to bolster domestic production of EVs and critical minerals, reducing reliance on Chinese imports. Westwater’s executives believe these tariffs will enhance the competitive edge of the U.S.-based natural graphite industry, affirming the company’s commitment to building a domestic supply chain.
Westwater Resources (NYSE American: WWR) has announced a conference call in June 2024 for a business update following its Annual Shareholder Meeting. In the previous investor call on March 20, 2024, the company highlighted its first off-take agreement with SK On for CSPG and the completion of a debottlenecking study. This study anticipates Phase I production of CSPG to reach 12,500 mt per year while keeping the Phase I construction budget of the Kellyton Graphite Plant at $271 million. The upcoming call will discuss the Annual Shareholder Meeting results, customer engagement, offtake agreements, financing for Phase I, and the Phase II feasibility study.
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