Westwater Resources Launches Permitting Process for Alabama Graphite Mine

Westwater Resources has begun the permitting process for its Coosa Graphite Deposit in Coosa County, Alabama, signaling a significant step in the U.S. mining sector for nuclear graphite.

• Westwater Resources, a company with a market cap of $141 million, has launched the permitting process for its Coosa Graphite Deposit in Coosa County, Alabama.
• The energy technology firm plans to utilize a third-party engineering firm to manage the permitting efforts for the mineral extraction project.
• Westwater Resources stock has surged over 300% in the past six months, highlighting investor interest in the potential of nuclear graphite amid current unprofitability.