With its first quarter 2022 financial report, Westwater Resources revealed lower than expected cash usage by operations, totaling $2.7 million. During the earnings conference call management confirmed the construction project is proceeding as scheduled to build a battery-grade graphite processing facility near the Company’s natural flake graphite resource in Coosa County, Alabama. A total of […]
A recent site visit to Westwater Resources’ graphite project in Alabama confirmed of progress in construction of a facility to produce battery-grade graphite materials. Our day-long visit verified management’s claims of progress in its efforts in Alabama and more importantly confirmed the project is on-schedule for completion in early 2023. Additionally, we came away from […]
A change-over of senior officers for Westwater appears to have been handled with some ease, as the Company elevates its chief operating officer to replace the retiring chief executive officer. To make certain the new CEO Chad Potter can remain focused on the construction of the graphite materials processing facility in Kellyton, Alabama, some of […]
Westwater Resources management is moving rapidly forward on its plans to build a natural flake graphite processing plant near Kellyton, Alabama. The Company’s footprint is now a 100-acre site at an existing industrial site composed of clear land and two adjacent commercial buildings that can be used for administrative and warehouse functions. The Company expects […]
Westwater Resources has reached an inflection point, in our view. The Company has completed the design and testing of its proprietary graphite materials process and has in hand a blue print for a production facility deploying that design. While management has chosen to share only highlights with investors, the details of a Definitive Feasibility Study […]