Westwater Resources shares new financial updates to optimize Kellyton Graphite Plant
News release
by
Westwater Resources Inc
Westwater Resources executive chairman Terence Cryan joins Proactive's Natalie Stoberman to share the company's newly-released strategic, operational and financial updates that are expected to optimize the Kellyton Graphite Plant in Alabama.
Cryan says the company now expects the total Phase I capital requirements for the Kellyton Graphite Plant to be approximately $271 million.
This financial update is expected to more than double Kellyton's expected annual production. Cryan adds that the company has also secured a term sheet for $150 million of private debt to cover the balance of the Phase I capital requirements.
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