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Westwater Resources Announces 2024 Business and Financial Updates

100% of Anticipated Annual Phase I CSPG Production Under Contract 10% Reduction in Estimated Construction Costs of Kellyton Graphite Plant CENTENNIAL, Colo. — Westwater Resources, Inc. (NYSE American: 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, 2024, […]



Westwater Resources announced its 2024 results and business/financial updates, highlighting offtake agreements with SK On and Fiat Chrysler Automobiles for Coated Spherical Purified Graphite (CSPG). The company decreased the estimated capital cost of Phase I by $26 million and completed construction of its qualification line at the Kellyton Graphite Plant. Westwater has spent approximately $123 million in capital expenditures on Phase I construction to date and is working to finalize a $150 million debt financing to complete the project.

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