Westwater Resources shares expansion and financing update at Kellyton graphite processing plant | News Direct

Westwater Resources shares expansion and financing update at Kellyton graphite processing plant

News release by Westwater Resources Inc

facebook icon linkedin icon twitter icon pinterest icon email icon New York | May 15, 2023 12:55 PM Eastern Daylight Time

 

Westwater Resources executive chairman Terence Cryan joins Natalie Stoberman from the Proactive newsrooms to share details of the company's first-quarter financial earnings, as well as a construction and update of its Kellyton graphite processing plant which is being expanded to double its capacity.

Cryan says the company decided to double the plant's capacity to meet rising customer demand from the Inflation Reduction Act, which offers significant incentives for manufacturers of electric vehicles to use domestic content. Westwater's newly announced joint development agreement with SK ON, a leading global battery manufacturer, also positions the company at the forefront of technology development.

 

Contact Details

 

Proactive USA

 

+1 347-449-0879

 

na-editorial@proactiveinvestors.com