Westwater Resources Inc (WWR) has released an update to notify the public and investors about an entry into a material definitive agreement.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into WWR stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.
