Westwater Resources plans battery-grade graphite production by 2023 to meet demand surge

By Jon Stibbs
Published: Wednesday, 17 February 2021

United States-based minerals producer Westwater Resources expects to begin commercial production of battery-grade graphite in 2023 to meet anticipated demand for the product from the transportation sector, which the company estimates will grow by 23% annually over the next 10 years.

Westwater  sold its uranium business in January of this year, and will use the $50 million in proceeds to support its shift to battery materials.

"With an additional $50 million added to the treasury since the end of 2020, we are on the path towards raising the necessary financial...

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