Westwater Resources Inc is trading 6.6% up at $0.56 in after-hours trading following news that the company filed a key Clean Water Act permit for its Coosa graphite project.
- The Section 404 permit application is a significant milestone for advancing the Alabama-based project, which contains the largest known graphite deposit in the United States.
- The stock is rebounding from a 4.0% decline during the regular session, showing company-specific strength while broader markets and cryptocurrencies are currently trading mixed to lower.
- This upward move follows the company's progress in securing essential regulatory approvals for its domestic graphite development.