Westwater Resources, Inc. operates as an energy materials developer. The company holds interests in Coosa graphite project covering an area of approximately 41,965 acres situated in Coosa County, Alabama. The company was formerly known as Uranium Resources, Inc. and changed its name to Westwater Resources, Inc. in August 2017. Westwater Resources, Inc. was incorporated in 1977 and is based in Centennial, Colorado.
IPO Year:
Exchange: NASDAQ
Website: westwaterresources.net
Frank Bakker Appointed President & CEO; Executives Promoted Westwater Resources, Inc. (NYSE:WWR), an energy technology and battery-grade natural graphite company ("Westwater Resources" or the "Company"), today announced that its Board of Directors appointed Frank Bakker as Westwater's new President and Chief Executive Officer (CEO) effective immediately. Mr. Bakker has been serving as Westwater's Vice President and General Manager – Alabama Graphite Products. Terence J. Cryan, Executive Chairman of Westwater's Board of Directors, stated, "Frank is an experienced executive with a proven track record in engineering, project management, and plant construction and operations for large-scale p
Headquartered in Alabama, Potter will lead the Company's efforts to construct its first-of-its-kind graphite processing plant Westwater Resources, Inc. (NYSE:WWR), a battery graphite development company, today announced the appointment of Chad M. Potter, a metals industry executive with almost two decades' experience, as the company's new Chief Operating Officer. Potter's appointment follows Westwater's June 22 announcement that it will bring a first-of-its kind, advanced graphite processing plant to the state of Alabama. For the past several years, Potter, 46 years old, was the COO and VP of Operations in Alabama, Ohio, Kentucky and Tennessee at American Consolidated Industries, headquar
Steve Cates Appointed as Chief Accounting Officer and Controller Westwater Resources, Inc. (NYSE:WWR), an energy materials company and developer of U.S. mineral resources essential for batteries for energy storage, today announced the appointment of Steven M. Cates as Chief Accounting Officer & Controller ("CAO"), effective May 10, 2021. As the Company's CAO, Mr. Cates will serve as the principal accounting officer overseeing all accounting operations, financial reporting, tax and treasury functions. Mr. Cates will report to Chief Financial Officer Jeffrey L. Vigil, who will continue to serve as the Company's principal financial officer. Christopher M. Jones, President and Chief Executive
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10% Reduction in Estimated Construction Costs of Kellyton Graphite Plant Graphite Fines Offtake Agreement with Hiller Carbon Qualification Line Update Westwater Resources, Inc. (NYSE:WWR), an energy technology and battery-grade natural graphite development company ("Westwater" or the "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 Phase I to $245 million, down from the previous estimate of $271 millio
Off-Take Sales Agreements in Place for 100% of Initial Planned Annual Production of 12,500 MT Construction and Customer Sample Preparation Continues at the Kellyton Natural Graphite Anode Materials Plant with Over $120 Million Invested to Date Westwater Resources, Inc. (NYSE:WWR), an energy technology and battery-grade natural graphite development company ("Westwater" or the "Company"), is pleased to announce its updates for the second quarter ended June 30, 2024. 2024 Second Quarter Highlights During the second quarter, Westwater achieved critical milestones related to its natural graphite business, notably: In July, Westwater announced a binding Off-Take Agreement with Fiat Chr
Westwater Resources, Inc. (NYSE:WWR) an energy technology and battery-grade natural graphite development company, today announced detail for its conference call to be held on July 18, 2024, at 10:00 am eastern time. Management plans to discuss recent progress at its Kellyton Graphite Plant, customer engagement and future plans. Live Conference Call 1-844-763-8274 (USA and Canada) 1-647-484-8814 (International) Conference ID: Westwater Resources Conference Call Webcast: westwaterresources.net/investors/presentations-events/ Conference Call Replay 1-855-669-9658 (USA and Canada) 1-412-317-0088 (International) Access Code: 0876 About Westwater Resources, Inc. Wes
Westwater Resources, Inc. (NYSE:WWR) an energy technology and battery-grade natural graphite development company, today announced it will hold a conference call to provide a business update to discuss recent progress and future plans on July 18, 2024, at 10:00 am eastern time. Conference call information related to this business update will be announced ahead of the call. About Westwater Resources, Inc. Westwater Resources is focused on developing battery-grade natural graphite products. The Company's primary project is the Kellyton Graphite Plant that is under construction in east-central Alabama. In addition, the Company's Coosa graphite deposit is the most advanced natural flake gr
Westwater Resources, Inc. (NYSE:WWR), an energy technology and battery-grade natural graphite development company, today announced it will hold a conference call to provide a business update related to its graphite business in the first part of June 2024 following its Annual Shareholder Meeting. Westwater held an investor call on March 20, 2024, at which time it provided an update to investors on first quarter business matters. Specifically, the execution of its first off-take agreement with SK On for Coated Spherical Purified Graphite ("CSPG"), and the completion of a debottlenecking study, resulting in anticipated Phase I production of CSPG to 12,500 mt per year while maintaining the Ph
First Contract Executed to Supply Natural Purified Graphite Anode Material to a Leading Manufacturer of EV Batteries Increase in Anticipated Annual Phase I CSPG Production to 12,500 MT While Maintaining Existing Budget Over $119 Million Invested in Kellyton Graphite Plant Construction Westwater Resources, Inc. (NYSE:WWR), an energy technology and battery-grade natural graphite development company ("Westwater" or the "Company"), is pleased to announce its results for the year ended December 31, 2023, and to provide business and financial updates. 2023 a Year of Progress During 2023, Westwater achieved critical milestones and achievements related to its planned natural graphite busi
Westwater Resources, Inc. (NYSE:WWR), an energy technology and battery-grade natural graphite development company, today announced it will hold a conference call to discuss its financial results for the year ended December 31, 2023, and provide a business update related to its graphite business. The call will be held on March 20, 2024 at 11:00 AM Eastern time. Live Conference Call 1-800-319-4610 (USA and Canada) 1-604-638-5340 (International) Conference ID: Westwater Resources Conference Call Webcast: westwaterresources.net/investors/presentations-events/ Conference Call Replay 1-855-669-9658 (USA and Canada) 1-412-317-0088 (International) Access Code: 0646 Ab
Westwater Resources, Inc. (NYSE:WWR) an energy technology and battery-grade natural graphite development company, today announced it will hold a conference call to provide an update to investors. The call will be held on December 14, 2023, at 11:00 AM Eastern time. Live Conference Call 1-800-319-4610 (USA and Canada) 1-604-638-5340 (International) Conference ID: Westwater Resources Conference Call Webcast: westwaterresources.net/investors/presentations-events/ Conference Call Replay 1-855-669-9658 (USA and Canada) 1-412-317-0088 (International) Access Code: 0507 About Westwater Resources, Inc. Westwater Resources, Inc. (NYSE:WWR) is focused on developing batte
Westwater Announces an Anticipated 33% Increase in Phase I Production to 10,000 MT Annually While Maintaining the Existing Budget Westwater Resources, Inc. (NYSE:WWR), an energy technology and battery-grade natural graphite development company ("Westwater" or the "Company"), is pleased to announce its third quarter results for the quarter ended September 30, 2023, and to provide business and financial updates. Anticipated 33% Increase in Phase I Planned Production During the third quarter of 2023, Westwater completed a debottlenecking study with its third-party engineering firm resulting in design changes that are expected to result in an anticipated 33% increase in coated spherical p
Westwater Begins Equipment Installation at the Kellyton Graphite Plant Westwater Resources, Inc. (NYSE:WWR), an energy technology and battery-grade natural graphite development company ("Westwater" or the "Company"), is pleased to announce its second quarter results for the quarter ended June 30, 2023 and to provide business and financial updates. Construction Progress at the Kellyton Plant During the second quarter of 2023, Westwater continued construction activities at the Kellyton Graphite Processing Plant ("Kellyton Plant"), including the receipt of additional long-lead equipment components, completing the erection of five of six primary plant buildings, and installation of overhe
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10% Reduction in Estimated Construction Costs of Kellyton Graphite Plant Graphite Fines Offtake Agreement with Hiller Carbon Qualification Line Update Westwater Resources, Inc. (NYSE:WWR), an energy technology and battery-grade natural graphite development company ("Westwater" or the "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 Phase I to $245 million, down from the previous estimate of $271 millio
Updated guidance allows for inclusion of raw material costs in the 10% production tax credit. Applies to both critical minerals and electrode active materials including anodes. Westwater Resources, Inc. (NYSE:AMERICAN), an energy technology and battery-grade natural graphite company ("Westwater Resources" or "Westwater"), 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 allowed to include both direct and indi
Modified Section 301 tariffs will implement a new 25% tariff on natural graphite imports from China. Section 301 tariffs play a critical role in driving demand for U.S.-produced anode materials. Westwater Resources, Inc. (NYSE:AMERICAN), an energy technology and battery-grade natural graphite company ("Westwater Resources" or "Westwater"), supports the Office of the United States Trade Representative (USTR) decision to proceed with Section 301 tariffs on commodity imports from China, including lithium-ion batteries and natural graphite. Pursuant to the terms of Section 301, three new natural graphite products from China will be subject to a 25% tariff. Natural graphite is imported
Westwater contracts with Hiller Carbon, a leading supplier of materials to the steel and foundry industries, to supply 100% of its natural graphite Fines production. With this binding Off-Take Agreement and the previously announced CSPG off-take agreements with Stellantis and SK ON, Westwater has sold 100% of all materials produced from its Kellyton Phase 1 plant. Westwater Resources, Inc. (NYSE:AMERICAN), an energy technology and battery-grade natural graphite company ("Westwater Resources" or "Westwater"), today announced the execution of a binding off-take agreement for the supply of its Fines material with Hiller Carbon, a leading supplier of pelletized materials to the steel and f
Westwater Resources, Inc. (NYSE:WWR), an energy technology and battery-grade natural graphite development company, announced today that it has executed a term sheet and agreed to exclusivity with a global financial institution for a $150 million secured debt facility, which would be used to complete the construction of Phase I of the Kellyton Plant. "Following the announcement of our second offtake agreement in July, Westwater has reached another significant milestone by entering into exclusivity with a global financial institution for a debt facility that is expected to provide the necessary capital to complete construction at the Kellyton Plant," said Terence J. Cryan, Westwater's Execu
Westwater Resources, Inc. (NYSE:WWR) an energy technology and battery-grade natural graphite development company, is confirmed to present at the 2024 Annual Gateway Conference, which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA. Westwater's management team is scheduled to present on Wednesday, September 4th at 12:30 p.m. Pacific Time (PT). The presentation will be webcast live and available for replay link. In addition to the presentation, Westwater executives will be available for one-on-one meetings throughout the conference. For additional information, to request an invitation, or to schedule a one-on-one meeting, please email [email protected]
CENTENNIAL, Colo., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Westwater Resources Inc. ("Westwater") (NYSE:WWR), an energy technology and battery-grade natural graphite development company, is confirmed to present at the 2024 Annual Gateway Conference, which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA. Westwater's management team is scheduled to present on Wednesday, September 4th at 12:30 p.m. Pacific Time (PT). The presentation will be webcast live and available for replay at this link. In addition to the presentation, Westwater's executives will be available for one-on-one meetings throughout the conference. For additional information, to request an invitati
Off-Take Sales Agreements in Place for 100% of Initial Planned Annual Production of 12,500 MT Construction and Customer Sample Preparation Continues at the Kellyton Natural Graphite Anode Materials Plant with Over $120 Million Invested to Date Westwater Resources, Inc. (NYSE:WWR), an energy technology and battery-grade natural graphite development company ("Westwater" or the "Company"), is pleased to announce its updates for the second quarter ended June 30, 2024. 2024 Second Quarter Highlights During the second quarter, Westwater achieved critical milestones related to its natural graphite business, notably: In July, Westwater announced a binding Off-Take Agreement with Fiat Chr
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. Westwater Resources, Inc. (NYSE:WWR), an energy technology and battery-grade natural graphite company ("Westwater Resources" or "Westwater"), today announced the executi
Westwater Resources, Inc. (NYSE:WWR) an energy technology and battery-grade natural graphite development company, today announced detail for its conference call to be held on July 18, 2024, at 10:00 am eastern time. Management plans to discuss recent progress at its Kellyton Graphite Plant, customer engagement and future plans. Live Conference Call 1-844-763-8274 (USA and Canada) 1-647-484-8814 (International) Conference ID: Westwater Resources Conference Call Webcast: westwaterresources.net/investors/presentations-events/ Conference Call Replay 1-855-669-9658 (USA and Canada) 1-412-317-0088 (International) Access Code: 0876 About Westwater Resources, Inc. Wes
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.
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Westwater Resources, Inc. (NYSE:WWR) shares are trading higher after the company reported FY23 results. The company didn’t report any revenue from operations since 2009. The company reported an EPS loss of $(0.15) in 2023, a decrease from $(0.25) in 2022, mainly owing to a $3.1 million cash settlement from the Republic of Turkey and a $1.2 million write-off of accrued uranium royalties, a $0.3 million increase in interest income on investment account, and $0.5 million less exploration expenses. Product development expenses for 2023 increased 156% to $2.9 million due to continued product development, optimization, and additional sample production for customer evaluation. Net cash
Westwater Resources (AMEX:WWR) reported quarterly earnings of $0.04 per share. This is a 200 percent increase over losses of $(0.04) per share from the same period last year.
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Westwater Resources, Inc. (NYSE:AMERICAN), an energy technology and battery-grade natural graphite company ("Westwater Resources" or "Westwater"), today announced the execution of its first off-take agreement with SK On Co., Ltd. ("SK On" and such agreement, the "Off-Take Agreement"), a leading electric vehicle ("EV") battery manufacturer, supplying electric vehicle batteries to Ford, Hyundai, Volkswagen and others. Pursuant to the terms of the Off-Take Agreement, Westwater will supply CSPG-10 natural graphite anode products (the "Product") from its Kellyton Graphite Plant located near Kellyton, Alabama to SK On battery plants located within the U.S. Under the terms of the Procurement Agree
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