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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, Inc. (NYSE: WWR) announced significant management changes to fuel future growth. Effective October 1, 2022, Cevat Er has been promoted to Chief Technology Officer, overseeing the Kellyton Graphite Plant's design and engineering. Frank Bakker joins as Vice President and General Manager, focusing on the plant's construction and operations. Allison Trembly is appointed Communications and Investor Relations Manager. Both Bakker and Trembly received restricted stock units as inducement awards. These appointments aim to enhance operational leadership as Westwater advances its graphite development projects.
Westwater Resources, Inc. (NYSE American: WWR) announced its participation in H.C. Wainwright’s 24th Annual Global Investment Conference. Management will present on September 14, 2022, at 8:30 AM Eastern Time, with one-on-one meetings available on September 13 and 14. A live audio webcast will be accessible on the company's investor website, with a replay available for 90 days. Westwater focuses on developing battery-grade natural graphite, with its Kellyton processing plant under construction in Alabama and the Coosa graphite deposit being a key asset in the U.S.
Westwater Resources (NYSE American: WWR) highlights the advantages of the Inflation Reduction Act signed by President Biden on August 16, 2022. The legislation includes a $369 billion investment in climate programs, which will directly benefit Westwater through a 10% Production Tax Credit for critical minerals like graphite and vanadium. The Kellyton Graphite Plant is expected to produce battery-grade graphite eligible for the credit. Additionally, the Clean Vehicle Credit is anticipated to raise demand for domestically produced materials, benefiting Westwater's Coosa Graphite Deposit.
Westwater Resources (NYSE American: WWR) reported progress on its Kellyton graphite processing plant in Alabama. The company completed significant earthwork and received necessary permits. In Q2 2022, net cash used in operations decreased to
Westwater Resources, Inc. (NYSE American: WWR) announced a conference call for August 11, 2022, at 11:00 am EDT, to discuss the financial results for Q2 2022 and provide updates on the Kellyton Graphite Processing Plant. CEO Chad M. Potter will lead the discussion along with other key executives. A live webcast will be available on the company’s website, and a replay can be accessed afterward.
Westwater Resources, Inc. (NYSE American: WWR) announced a Fireside Chat on June 27, 2022, at 10:00 am EDT featuring Terence J. Cryan, Executive Chairman, and Steven M. Cates, Chief Accounting Officer. The discussion will address the retirement of Jeffrey L. Vigil, CFO, and Cates' appointment as new CFO effective August 26, 2022. Investors can register to attend the chat, with a replay available post-event. Westwater focuses on developing battery-grade graphite and is constructing the Kellyton graphite processing plant in Alabama.
Westwater Resources, Inc. (NYSE American: WWR) announces the retirement of Jeffrey L. Vigil, CFO, effective
Westwater Resources, Inc. (NYSE American: WWR) has received its air permit from the Alabama Department of Environmental Management (ADEM), allowing vertical construction of the Kellyton graphite processing plant to commence. This achievement follows a seven-month permitting process and signifies that Westwater has all necessary permits for the facility. The company aims to advance the construction while ensuring compliance with environmental regulations.
Westwater Resources, Inc. (NYSE American: WWR) announced that Executive Chairman Terence J. Cryan and Chief Accounting Officer Steven M. Cates will participate in a Fireside Chat with Water Tower Research on June 9, 2022, at 1:00 pm EDT. Interested parties can register for the chat and access the replay via a provided link. Westwater focuses on developing battery-grade, natural graphite products, with a key project being the Kellyton graphite processing plant in Alabama. For more details, visit www.westwaterresources.net.
Westwater Resources (NYSE American: WWR) announced updates on its Kellyton graphite processing plant and financial results for Q1 2022. The company reported a net loss of
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