Westwater Resources Inc. , an energy technology and battery-grade natural graphite company , supports U.S. President Donald Trump's executive order enacting immediate measures to increase U.S. critical mineral production. The U.S. currently relies on imports of at least 15 critical minerals, including graphite which is currently supplied almost entirely by companies located in China. The new executive order effective [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite development company , is pleased to announce its results for the year ended December 31, 2024, and to provide business and financial updates. 2024 Key Highlights During 2024, Westwater achieved critical milestones and achievements related to its planned natural graphite business, notably: On February 5, 2024, Westwater announced its [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite company , announced today that its Kellyton Graphite Processing Plant received certifications under ISO 9001:2015 and ISO 14001:2015 for its quality management system, which covers production, shipping, maintenance, R&D/lab, purchasing, scheduling and human resources. "Over the past year, our Company has made significant advancements and [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite company , supports the recently announced 10% increase in Chinese import tariffs affecting natural graphite. The tariff increase effective March 4, 2025 follows the previous round of 10% tariff increases imposed by the U.S. on all goods originating from China on February 4, 2025. With this new increase, imported Chinese natural graphite [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite company , is pleased to announce an increase in customer interest relating to off-take supply agreements for its natural graphite battery anode materials. The global landscape for the U.S. supply of critical materials like natural graphite continues to evolve. One of the key benefits of moving to a domestic supply source for battery grade [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite company , announced today that it successfully commissioned the CSPG qualification line at its Kellyton Graphite Processing Plant. The Kellyton qualification line offers the capability of processing approximately 1 metric ton of CSPG battery anode material each day. The line was completed at the end of 2024 with a successful commissioning [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite company , supports the preliminary determination of the U.S. International Trade Commission that China's exports of graphite have materially impeded the establishment of a U.S. domestic graphite industry. The American Active Anode Materials Producers filed a trade case with the U.S. government in December 2024 seeking tariffs as high as [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite company , applauds the recent Executive Orders issued by the White House that emphasize the importance of critical minerals, which include battery-grade graphite. In a January 20, 2025 executive order declaring a national energy emergency, President Trump called on federal agencies to use what authorities they have to unleash the mining and [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite development company , announces that it has received final investment committee approval from the lead lender , and the Company is working with Cantor Fitzgerald to finalize the overall syndication and closing of the debt financing for the Kellyton Plant. As a result, the estimated timing to close a debt financing transaction has been [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite development company , announces that the closing on a debt financing to fund the remaining construction costs of the Kellyton Graphite Plant is anticipated in January 2025. During the fourth quarter, Westwater continued to move through the diligence and loan documentation processes related to the transaction. This process included hosting [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite development 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 [...]
Westwater Resources Inc. , an energy technology and battery-grade natural graphite company , 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 [...]