Westwater Resources Inc (WWR) has released an update to notify the public and investors about an entry into a material definitive agreement.
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Westwater Resources, Inc. has struck a significant deal with SK On Co., Ltd., agreeing to supply SK On with CSPG-10 natural graphite anode products. The arrangement requires SK On to buy a set percentage of its anticipated annual needs from Westwater, with the option to increase purchases by mutual consent. This procurement agreement culminates in a substantial final year commitment of 10,000 metric tons, showcasing a robust partnership between the two entities in the materials sector.
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For a comprehensive understanding of the announcement, you can read the full document here.
