other material
confidence high
sentiment positive
materiality 0.70
Westwater Resources breaks ground on $202M graphite processing plant in Alabama
WESTWATER RESOURCES, INC.
- Plant in Kellyton, AL, will process raw graphite into battery-grade graphite for EVs.
- $202M plant; Phase I to employ 100+ people at avg $21+/hour.
- Expected to produce 7,500 metric tons per year; operational by Q2 2023.
- Company plans continued exploration of 41,900-acre graphite deposit; mining by end of 2028.