After a drought in news of graphite materials business development, Westwater Resources disclosed a request for one metric ton of the Company’s proprietary ULTRA-PMG battery-grade graphite materials from a U.S.-based battery manufacturer. The Purified Micronized Graphite will be used in qualification testing probably to confirm and fine tune manufacturing processes. In our view, the request […]
Category: WWR
Coverage Update – Westwater Resources, Inc. (WWR)
Capital constraint has kept Westwater Resources management in battle mode over the past few months. Their ‘blocking and tackling’ effort appears to have paid off. Sales of non-core assets and the negotiation of a new equity line of credit have helped replenish the cash kitty. Timing could not be more critical. Even after the unexpected […]
Updated Coverage – Westwater Resources (WWR)
Our coverage of Westwater Resources (WWR) has been updated to reflect recent developments. There has been a mix of current events for energy materials developer Westwater Resources. The Company filed a registration statement to sell an unspecified number of common stock shares and warrants. Proceeds would be used to support continued work on the Company’s […]
Updated Coverage – Westwater Resources, Inc. (WWR)
Westwater Resources continues to move forward with each of its three energy mineral assets – uranium, lithium and graphite. Tests are underway to add vanadium as a fourth metal to the mix. When the Company eventually begins to mine graphite at the Company’s Coosa County project in Alabama in 2026 as planned, it may be […]
Updated Coverage – Westwater Resources (WWR)
Our coverage of Westwater Resources is updated following two material announcements: 1) vanadium deposits have been identified at the Coosa graphite project in Alabama and 2) the Company has filed an arbitration request with the recognized international investment panel, seeking relief from Turkey’s revocation of the Company’s uranium mining licenses. In our view, both announcements […]