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Westwater Resources Announced The Execution Of A Binding Off-take Agreement With Fiat Chrysler Automobiles, An Electric Vehicle Manufacturer And Part Of The Stellantis Group Of Companies.

Author: Benzinga Newsdesk | July 18, 2024 06:03am

Westwater contracts with Fiat Chrysler Automobiles ("FCA"), a leading manufacturer of electric vehicles and part of Stellantis, to supply natural graphite anode material.
With this binding Off-Take Agreement and the previously announced agreement with SK ON, Westwater has now secured off-take agreements for 100% of its Kellyton Phase 1 capacity.
With over $120 million into its Kellyton plant, and with these two off-take agreements in place, Westwater is proceeding to secure debt financing to complete construction.

Posted In: WWR