westwater's coosa project graphite performs well over extended period testing - li ion battery cell1
Centennial Hotel Colorado—
Energy Materials Development Company is pleased to provide you with long-term
Term cycle data obtained by independent testing of coated spherical purified natural crystal graphite (ULTRA-CSPG)
The Coosa graphite project from the company. Christopher M.
Jones, president and CEO of Westwater Resources, said: "We are proud to be the first release long term in the field of graphite development
Long-term cyclic properties of purified coated natural sheet spherical graphite materials in our Coosa graphite project.
So far, we don't know anyone who will report it.
Bicycle cycle Data USAS.
Procurement of natural sheet graphite materials.
We are also pleased that, compared to the tests completed on the Coosa ULTRA, the results of the tests show a continuous improvement in irreversible loss of capacityCSPG in 2016. "Lithium-
The ion battery market we see around the world is growing by rapid
The market for electric vehicles is growing.
Every major automaker in the world either has an electric vehicle product line or is considering developing a product line.
We are happy to be part of this growth, these super positive tests
CSPG means we are another big step away from commercializing.
"As Westwater pointed out in its press release on April 11, 2019, the electrode formula using a semi-battery that is not coated with spherical graphite (SPG)
Optimization and testing were carried out.
These tests show long-term positive
Although the uncoated SPG is not directly used in battery operation, the term cycle performance. For lithium-
Ion batteries, like our Super coated spherical graphite
CSPG is used as anode material.
ULTRA in Westwater-
CSPG is specially purchased and manufactured from the Coosa graphite project property located in Coosa County, Alabama, USA.
The test details are shown below. 18. 9 (micrometer)
WWR focuses on developing energy
Relevant information.
Battery of the company-
The material project includes the Coosa graphite project-
The most advanced natural sheet graphite project in the United States-
And the related Kusa graphite mine is located at 41,900 mu each (
About 17,000 hectares)in east-Central Alabama
In addition, the company maintains lithium mineral properties in three potential lithium salt basins in Nevada and Utah.
The uranium project in Westwater is located in Texas and New Mexico.
In Texas, the company has two licensed, currently idle uranium processing facilities, about 11,000 acres (About 4,400 hectares)
Future-
Uranium recovery project in situ.
In New Mexico, the company controls about 188,700 acres (
About 76,000 hectares)
In the prolific grant mining belt, this is one of the largest concentrations of sandstone
There is a large amount of uranium in the world.
Registered as uranium resources company in 1977
Westwater also has an extensive database of uranium information for historical drilling logs, analytical certificates, maps and technical reports in the western United States.
For more information, please visit.
This press release contains forwarding-
Statement in the sense of the Private Securities Litigation Reform Act of 1995. Forward-
Forward-looking statements are affected by risks, uncertainties and assumptions, and identify "and other similar words by words such as" expectation "," estimate "," project "," expectation "," belief "," possibility ", etc.
All statements concerning the anticipated or anticipated event or development of WWR will occur in the future, including, but not limited to, statements relating to the future performance of the company's coated spherical purified graphite, from the Coosa graphite project or other aspects,
Look at the report.
Because they are strikers.
From the perspective of important risk factors and uncertainties, they should be evaluated.
These risk factors and uncertainties include but are not limited (a)
The company successfully integrated the business of Alabama Graphite into its own business, and additional analysis of the coosa Graphite project may result in revisions to the results of the WWR initial optimization study; (b)
The company's ability to raise extra funds in the future; (c)
Current Price and long term
Term contract price of graphite, lithium, vanadium and uranium; (d)
Risks related to our domestic business; (e)
The operation status of the company's projects; (f)
Government and tribal regulation in the graphite industry, lithium industry, vanadium industry, uranium industry and power industry; (g)world-
Wide supply and demand of graphite, lithium, vanadium and uranium, including supply and demand of lithiumBattery based; (h)
Maintain adequate financial assurance in the form of a full mortgage guarantee instrument; (i)
Unexpected geological, processing, regulatory and legal or other issues that companies may encounter in jurisdictions that operate or intend to operate, including in Alabama, Texas, New Mexico, Utah, and Nevada(j)
The ability of the company to participate in and successfully complete acquisitions or other major transactions; (k)
The results of the company's lithium-salt water exploration activities in the Columbus Basin, Railway Valley and salrika project, and the possibility that future exploration results may be less promising in matter than initial exploration results; (I)
High levels of graphite, lithium, vanadium or uranium were not found
Sufficient concentration makes it economical to extract metal; (m)
Litigation or arbitration in progress; and (n)
Other factors are more adequately described in the Company's Annual Report on Form 10
Quarterly Report on table 10
Q, and other documents submitted to the Securities and Exchange Commission.
If one or more of these risks or uncertainties arise, or if any of the company's underlying assumptions prove incorrect, the actual results may differ materially from the current expected results.
In addition, we should not rely too much on the development of the company --
Look at the report.
Unless required by law, the company shall not be liable for any renewal or public declaration of any amendment to any forward agreement
The statement contained in this press release.
The results of the initial optimization study are essentially preliminary and will be revised after WWR's further analysis of the Coosa graphite project. Christopher M.
President Jones and Telephone: 303. 531.
0480 Jeff vigil, vice president of finance: 303. 531.
0481 Email: Michael PorterPorter, LeVay and rose phone: 212. 564.