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Stock impact report

Westwater Resources Sees Increased Demand for Kellyton Product After Implementation of Global Tariffs [Yahoo! Finance]

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: Yahoo! Finance
graphite company ("Westwater" or the "Company"), announced today that it is experiencing increased demand for its natural graphite anode material that will be produced from its Kellyton Graphite Plant after the implementation of global tariffs. Worldwide, the vast majority of natural graphite anode material is currently imported from Chinese producers. While subject to continuing uncertainty, currently the import tariff on natural graphite anode material from China is 170%. Although some types of natural graphite used in other industries is exempt from some of the recent tariff increases, natural graphite anode material for applications in electric vehicle batteries – commonly referred to as coasted spherical processed graphite (CSPG) – is not exempt and is subject to the full tariffs. In addition, tariffs are also now in place on CSPG shipped from other countries including Indonesia, South Korea and Japan. These broad tariffs effectively plug loopholes in the Inflation Reduction Show less Read more
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