---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-029617"
form_type: "8-K"
ticker: "WWR"
cik: "0000839470"
company_name: "WESTWATER RESOURCES, INC."
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T10:52:42.268319+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Westwater Resources FY2022 net loss narrows; announces EV battery deal, optimized DFS, $150M debt term sheet

## Summary
- FY2022 net loss $11.1M ($0.25/sh) vs $16.1M ($0.49) prior year; cash $75.2M, working capital $51.0M.
- Agreement with Tier 1 EV battery manufacturer to qualify CSPG for use as anode material; expects to negotiate sale of all output.
- Optimized DFS: Phase I CSPG production more than doubled to 7,500 mt/yr; pre-tax NPV $417M (8% discount), IRR 24.7%.
- Phase I capital requirements $271M; signed non-binding $150M debt term sheet targeting Q2 close.
- Phase II expansion: total capital $736M, CSPG 40,500 mt/yr, pre-tax NPV $2.2B, IRR 36.3%.

## SEC filing metadata
- accession: 0001104659-23-029617
- form_type: 8-K
- ticker: WWR
- cik: 0000839470
- company_name: WESTWATER RESOURCES, INC.
- filed_at: 2023-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/839470/000110465923029617/0001104659-23-029617-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/839470/000110465923029617/tm238583d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-029617
- JSON: https://secwatch.observer/filing/0001104659-23-029617.json
- Plain text: https://secwatch.observer/filing/0001104659-23-029617.txt

## Key facts
- Earnings Releases
  WESTWATER RESOURCES, INC. reported financial results for the year ended December 31, 2022.
  - Period: the year ended December 31, 2022
  - Result: reported results
  source text: On March 7, 2023, Westwater Resources, Inc. (the “Company”) issued a press release announcing the financial results and a business update for the Company for the year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/839470/000110465923029617/0001104659-23-029617-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.