Westwater Resources, Inc. (Nasdaq: WWR), an energy materials development company, is pleased to announce that it has successfully produced more than 4 kilograms of its Purified Micronized Graphite. This Made-in-the-USA product is used as a conductivity enhancement material for rechargeable lithium ion batteries, non-rechargeable lithium batteries, alkaline power cells and lead acid battery applications.

Electrical performance testing by an independent lab has confirmed that Westwater’s PMG performs as well as expected. Samples of PMG are presently being tested by two potential customers. Discussions with additional potential customers are underway, with dozens of non-disclosure agreements in place to facilitate further work should it be warranted.

“Our ability to produce battery grade graphite products is confirmed with these lab scale tests,” said Christopher Jones, President and CEO of Westwater Resources. “With the large potential markets for PMG across the battery spectrum, and our success at this stage of our development, we can affirm that we are on schedule for commercial production in a little over two years as our business plan describes. This includes constructing a processing facility that purifies readily available graphite concentrates to 99.95% pure carbon. The proposed construction is planned for 2020 based upon pilot-plant operating data developed in 2019 and using industry standard processes.”

Mr. Jones added: “As the only US graphite company targeting all major commercial battery types for our products, we are truly unique in the domestic energy storage market. It is this meaningful advantage that is leading us to develop the Coosa Graphite mine in Alabama (planned for start-up 2026) on its 41,900 acre mineral-rights holdings that can serve as a hedge against future feedstock costs. Furthermore, the Coosa Graphite mine’s close proximity to the leading automobile manufacturers adds additional strategic benefits in sourcing product at minimal transportation costs.”

PMG, branded as “ULTRA-PMG”, is WWR’s first advanced battery product and has been produced in sizes from 5 to 45 microns, making it compatible with a wide variety of battery types given the electrical performance it has demonstrated. This is the first of three battery ready graphite products WWR intends to manufacture. More information on performance tests and our battery graphite business can be found at www.WestwaterResources.net.

Westwater Resources is working to develop a domestic battery graphite business as its first priority, as well as explore for lithium in the western United States. WWR also holds a portfolio of uranium production and exploration properties in Texas and New Mexico.

About Westwater Resources

WWR is focused on developing energy-related materials. The Company’s battery materials projects include the Coosa Graphite Project, located across 41,900 acres (17,000 ha) in east-central Alabama, and lithium mineral properties in three prospective lithium brine basins in Nevada and Utah. WWR’s uranium projects are located in Texas and New Mexico. In Texas, the Company has two licensed and currently idled uranium processing facilities and approximately 11,000 acres (4,400 ha) of prospective in-situ recovery uranium projects. In New Mexico, the Company controls mineral rights encompassing approximately 188,700 acres (76,394 ha) in the prolific Grants Mineral Belt, which is one of the largest concentrations of sandstone-hosted uranium deposits in the world. Incorporated in 1977 as Uranium Resources, Inc., WWR also owns an extensive uranium information database of historic drill hole logs, assay certificates, maps and technical reports for the Western United States.