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Stock impact report

Westwater Resources Supports Tariff Increase on Imported Chinese Graphite [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"), supports the recently announced 10% increase in Chinese import tariffs affecting natural graphite. The tariff increase effective March 4, 2025 follows the previous round of 10% tariff increases imposed by the U.S. on all goods originating from China on February 4, 2025. With this new increase, imported Chinese natural graphite tariffs now total 45%. The pending trade case that is currently under review by the International Trade Commission, with updates expected in May 2025, could potentially further increase graphite tariffs up to a level of 920%. Jon Jacobs, Westwater's Chief Commercial Officer, commented, "Increased import tariffs on natural graphite are spurring demand for U.S.-produced anode material. With each tariff announcement, automaker and cellmaker companies seeking to capitalize on the U.S. EV market are increasingly concluding that off-take deals with U.S. producers like Westwater are the surest way to avoid import tar Show less Read more
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