Westwater Resources has signed its first letter of intent – LOI – to sell Ultra-Purified Micronized Graphite – Ultra-PMG – from its Kellyton Graphite Processing Plant, which is now under construction in east-central Alabama. Ultra-PMG represents approximately one-half of the expected production of purified graphite from the Kellyton Graphite Processing Plant. The other half of the expected production will be coated spherical purified graphite, or CSPG, which will be used in lithium-ion batteries including for electric vehicles. The amount of product covered by this LOI represents more than 25% of the expected annual production of Ultra-PMG at the Kellyton Graphite Processing Plant.
Published first on TheFly
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