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Stock impact report

Westwater Resources Announces Third Quarter 2024 Updates

Westwater Resources, Inc. (WWR) 
Last westwater resources, inc. earnings: 8/8 04:39 pm Check Earnings Report
US:NASDAQ Investor Relations: westwaterresources.net
Company Research Source: Business Wire
10% Reduction in Estimated Construction Costs of Kellyton Graphite PlantGraphite Fines Offtake Agreement with Hiller CarbonQualification Line Update CENTENNIAL, Colo.--(BUSINESS WIRE)--Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company (“Westwater” or the “Company”), is pleased to announce its updates for the third quarter ended September 30, 2024.2024 Third Quarter HighlightsDuring the third quarter, Westwater continued to evaluate its plant design, construction schedule and cost for Phase I of the Kellyton Graphite Plant. As a result, Westwater has lowered the estimated cost of Phase I to $245 million, down from the previous estimate of $271 million. This represents a decrease in estimated costs of $26 million, or 9.6%. The decrease in estimated costs primarily relates to further design optimization and savings in steel, piping and equipment installation. The revised estimate of $245 million includes an 11% Show less Read more
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