WWR - Westwater Resources GAAP EPS of -$0.25

2023-03-07 06:36:00 ET

• Westwater Resources press release ( NYSE: WWR ): FY GAAP EPS of -$0.25.

• “Great work by the Westwater team has resulted in significant improvements to the project economics for the Kellyton Graphite Plant,” said Frank Bakker, President and CEO. “We expect to begin testing and commissioning at the Plant in late 2023, and first production from Phase I is expected in the first half of 2024, subject to closing on the additional funding needed to complete construction. Additionally, we expect to complete the Phase I optimization in the second half of 2024. We believe that increasing our production capacity will allow us to position Westwater to play a more significant role in the domestic battery-grade graphite market.”

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