Westwater Resources Announced The Execution Of A Binding Off-take Agreement With Fiat Chrysler Automobiles, An Electric Vehicle Manufacturer And Part Of The Stellantis Group Of Companies.
$WWR
Metal Mining
Basic Materials
- Westwater contracts with Fiat Chrysler Automobiles ("FCA"), a leading manufacturer of electric vehicles and part of Stellantis, to supply natural graphite anode material.
- With this binding Off-Take Agreement and the previously announced agreement with SK ON, Westwater has now secured off-take agreements for 100% of its Kellyton Phase 1 capacity.
- With over $120 million into its Kellyton plant, and with these two off-take agreements in place, Westwater is proceeding to secure debt financing to complete construction.