New Video
First traded
June 2nd https://youtu.be/M40C7NGz3WU?t=537
"Westwater Resources stock more than doubles after 'very desirable' test results of battery materials product" - Market Watch
Quick Overview Of 9 Day Rally
- Low float
- 8.29 shares outstanding and a float of 7.5
- Wbsite
- "Old but gold" article I often see get referenced:
- The "Praises Trump Executive Order"
- The company said before Monday’s open that it “applauds” Trump’s executive order, signed Sept. 30, which addresses the threat to the U.S. supply chain from reliance on critical materials from foreign adversaries.
- https://www.federalregister.gov/documents/2020/10/05/2020-22064/addressing-the-threat-to-the-domestic-supply-chain-from-reliance-on-critical-minerals-from-foreign
- Most Active Stock NASDAQ 180m shares trades 10/5
Why Is This News So Important
- China Supplies 60% of worlds graphite | USA 100% dependable
- Westwater said the U.S. is 100% dependent on imports for graphite, which is the primary material used in lithium-ion batteries that help power smartphones, laptops and electric vehicles, and help store power from renewable energy sources.
- “The President’s Executive Order opens up new avenues for financing and permitting our Coosa Graphite Project — this is good news for Westwater Resources and the United States,” said Westwater Chief Executive Christopher Jones.
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The company’s plan for its Coosa Graphite Deposit in east-central Alabama is to develop a U.S. domestic supply for natural graphite for use in all types of batteries.
Key Materials of a Battery
Nonferrous metals and minerals featuring highly in Li-ion batteries are lithium, cobalt, nickel, manganese, graphite, copper and aluminium. The first four of these are used primarily as active cathode material, although lithium is also used in electrolyte.Jan 27, 2017