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home / news releases / WWR - Westwater Resources shares new financial updates to optimize Kellyton Graphite Plant


WWR - Westwater Resources shares new financial updates to optimize Kellyton Graphite Plant

--News Direct--

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.

Contact Details

Proactive USA

+1 347-449-0879

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/westwater-resources-shares-new-financial-updates-to-optimize-kellyton-graphite-plant-114081332

Stock Information

Company Name: Westwater Resources Inc.
Stock Symbol: WWR
Market: NASDAQ
Website: westwaterresources.net

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