Financial News

Westwater Resources CCO Provides update on agreements with SK-On and Dainen Material

--News Direct--

Westwater Resources chief commercial officer Jon Jacobs joined Steve Darling from Proactive to discuss several significant developments within the company.

Jacobs recently appeared in Charged EVs magazine, where he shared his insights regarding the Inflation Reduction Act and its implications for the battery industry. In the interview, Jacobs provided updates on the company's Joint Development Agreement with SK-On and a Letter of Intent with Dainen Material.

He expressed satisfaction with the progress made with SK-On, indicating that material optimization based on testing feedback is underway, and discussions for off-take agreements are ongoing.

Notably, Westwater Resources sent samples of their latest CSPG-10 and CSPG-18 materials to various companies across the US, Japan, Korea, the EU, and more. These companies are currently conducting tests, and feedback is expected in the coming months. Jacobs also delved into the Kellyton plant construction, a pivotal element in Westwater's supply chain strategy.

He mentioned that the initial installation of micronizers and shaping mills has commenced, with purification and coating facilities to follow. Equipment installation is slated to commence later this year.

The progress at the Kellyton plant signifies Westwater's commitment to supplying high-quality materials to cell manufacturers, further positioning the company as a prominent player in the battery industry's growth.

Contact Details

Proactive Investors

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/westwater-resources-cco-provides-update-on-agreements-with-sk-on-and-dainen-material-692023781

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