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Stock impact report

Westwater Resources Applauds Treasury Department Guidance on 45X Advanced Manufacturing Production Credit

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
Updated guidance allows for inclusion of raw material costs in the 10% production tax credit.Applies to both critical minerals and electrode active materials including anodes. CENTENNIAL, Colo.--(BUSINESS WIRE)--Westwater Resources, Inc. (NYSE: American: WWR), an energy technology and battery-grade natural graphite company (“Westwater Resources” or “Westwater”), supports the updated guidance issued by the U.S. Department of the Treasury allowing for the inclusion of raw material costs within the 45X Advanced Manufacturing Production Credit as defined under the Inflation Reduction Act.Pursuant to the updated guidance, manufacturers of applicable battery materials including graphite are allowed to include both direct and indirect raw material costs within the production tax credit, inclusive of graphite flake cost.Terence Cryan, Executive Chairman of Westwater, commented, “We applaud and support this updated guidance from the Department of the Treasury. This decision positively affec Show less Read more
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