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Westwater Resources Applauds the Recent Executive Orders Which Emphasize the Importance of Critical Minerals Such as Battery Grade Graphite

Feb 4, 2025 · Source: businesswire
Westwater Resources Applauds the Recent Executive Orders Which Emphasize the Importance of Critical Minerals Such as Battery Grade Graphite

CENTENNIAL, Colo.--()--Westwater Resources, Inc. (NYSE: American: WWR), an energy technology and battery-grade natural graphite company (“Westwater Resources” or the “Company”), applauds the recent Executive Orders issued by the White House that emphasize the importance of critical minerals, which include battery-grade graphite.

In a January 20, 2025 executive order declaring a national energy emergency, President Trump called on federal agencies to use what authorities they have to unleash the mining and processing of critical minerals in the U.S., along with other resources.

In another executive order, President Trump called on the heads of all federal agencies — from the Council on Environmental Quality to EPA and the Interior Department — to identify and eliminate all agency actions that impose an “undue burden” on domestic mining and processing of non-fuel minerals.

Westwater applauds these recent steps to develop and promote a domestic critical minerals industry in areas such as battery grade graphite. Westwater presents a strong business case as the first American, vertically-integrated, battery-grade natural graphite company.

About Westwater Resources, Inc.

Westwater Resources is an energy technology company that is focused on developing battery-grade natural graphite. Westwater Resources’ primary project is the Kellyton Graphite Processing Plant that is under construction in east-central Alabama. In addition, Westwater Resource’s Coosa Graphite Deposit is the largest and most advanced natural flake graphite deposit in the contiguous United States — and is located across 41,965 acres (~17,000 hectares) in Coosa County, Alabama. For more information, visit westwaterresources.net.

Cautionary Statement Regarding Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as “develop,” “promote,” and other similar words or phrases. Forward looking statements include, among other things, statements concerning: the importance of critical minerals including battery-grade graphite; the Company’s business case including its Kellyton Graphite Plant and Coosa Graphite Deposit; and the Company’s efforts to vertically integrate their operation. The Company cautions that there are factors that could cause actual results to differ materially from the forward-looking information that has been provided. The reader is cautioned not to put undue reliance on this forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of the Company; accordingly, there can be no assurance that such suggested results will be realized. Those uncertainties and other factors are discussed in Westwater’s Annual Report on Form 10-K for the year ended December 31, 2023, and subsequent securities filings, and they could cause actual results to differ materially from management expectations.

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