Market Overview

Westwater Announces Acceptance of Its Request for Arbitration


The International Centre for the Settlement of Investment Disputes
registers Westwater's case against the Republic of Turkey

Westwater Resources, Inc. ("Westwater," or the "Company") (Nasdaq: WWR), an energy materials development company, today
announced that the International Centre for Settlement of Investment
Disputes (ICSID) has registered its Request for Arbitration. The
registration is the next step in Westwater seeking compensation from the
Republic of Turkey. At issue is Turkey's illegal taking of Westwater's
Temrezli and Şefaatli uranium projects in June 2018. These projects were
owned by Westwater's Turkish subsidiary Adur Madencilik Limited Sirketi

Christopher M. Jones, President and CEO of Westwater Resources, stated:
"This initiates the process of constructing an international tribunal
that allows Westwater to bring the full force of law to seek recovery of
the Company's investment in Temrezli and Şefaatli. We are pleased that
ICSID has acted quickly to accept our Request for Arbitration."

To date, Adur and its predecessors have invested substantially in these
two projects, using its technical expertise and carrying out extensive
drilling, testing and studies to move the projects towards production.
Having successfully completed the exploration stage in 2013-2014, Adur
was granted a number of operating licenses by the Turkish government to
develop the Temrezli mine. As a direct result of Adur's efforts,
Temrezli is the most advanced uranium project in Turkey. Experts have
estimated that the mine will generate revenues of up to USD 644 million
over its life, netting Westwater a return on its investment of USD 267
million as described in the Prefeasibility Study completed for the
Temrezli project in 2014.

In June 2018, the Turkish government cancelled all of Adur's exploration
and operating licenses with retroactive effect, rendering Westwater's
investment in Adur effectively worthless. Incredibly, the Turkish
government sought to justify its actions on the basis that the licenses
– which had been variously issued, renewed and overseen by the Turkish
government for more than a decade – had been issued by mistake. Turkey
now asserts that it has a governmental monopoly over all uranium mining
activities in Turkey, in violation of Westwater's rights under Turkish
and international law, including the Treaty between the United States of
America and the Republic of Turkey concerning the Reciprocal
Encouragement and Protection of Investments ("Treaty"). Westwater is
bringing this claim under the Treaty to enforce its right to full
reparation for the damage caused by Turkey's illegal acts.

About Westwater Resources

WWR is focused on developing energy-related materials. The Company's
battery-materials projects include the Coosa Graphite Project – the most
advanced natural flake graphite project in the contiguous United States
– and the associated Coosa Graphite Mine located across 41,900 acres
(~17,000 hectares) in east-central Alabama. In addition, the Company
maintains lithium mineral properties in three prospective lithium brine
basins in Nevada and Utah. Westwater's uranium projects are located in
Texas and New Mexico. In Texas, the Company has two licensed and
currently idled uranium processing facilities and approximately 11,000
acres (~4,400 hectares) of prospective in-situ recovery uranium
projects. In New Mexico, the Company controls mineral rights
encompassing approximately 188,700 acres (~76,000 hectares) in the
prolific Grants Mineral Belt, which is one of the largest concentrations
of sandstone-hosted uranium deposits in the world. Incorporated in 1977
as Uranium Resources, Inc., Westwater also owns an extensive uranium
information database of historic drill hole logs, assay certificates,
maps and technical reports for the western United States. For more
information, visit

Cautionary Statement

This news release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements are subject to risks, uncertainties and assumptions and are
identified by words such as "expects," "estimates," "projects,"
"anticipates," "believes," "could," and other similar words. All
statements addressing events or developments that WWR expects or
anticipates will occur in the future, including but not limited to
statements relating to the Request for Arbitration and timing and
outcome thereof, are forward-looking statements. Because they are
forward-looking, they should be evaluated in light of important risk
factors and uncertainties. These risk factors and uncertainties include,
but are not limited to, (a) the Company's ability to successfully
integrate Alabama Graphite Corporation's business into its own, and the
risk that additional analysis of the Coosa Graphite Project may result
in revisions to the findings of WWR's initial optimization study; (b)
the Company's ability to raise additional capital in the future; (c)
spot price and long-term contract price of graphite, lithium, vanadium
and uranium; (d) risks associated with our domestic operations; (e)
operating conditions at the Company's projects; (f) government and
tribal regulation of the graphite industry, the lithium industry, the
vanadium industry, the uranium industry, and the power industry; (g)
world-wide graphite, lithium, vanadium and uranium supply and demand,
including the supply and demand for lithium-based batteries; (h)
maintaining sufficient financial assurance in the form of sufficiently
collateralized surety instruments; (i) unanticipated geological,
processing, regulatory and legal or other problems the Company may
encounter in the jurisdictions where the Company operates or intends to
operate, including in Alabama, Texas, New Mexico, Utah, and Nevada; (j)
the ability of the Company to enter into and successfully close
acquisitions or other material transactions; (k) the results of the
Company's lithium brine exploration activities at the Columbus Basin,
Railroad Valley, and Sal Rica projects, and the possibility that future
exploration results may be materially less promising than initial
exploration result; (I) any graphite, lithium, vanadium or uranium
discoveries not being in high-enough concentration to make it economic
to extract the metals; (m) currently pending or new litigation or
arbitration; and (n) other factors which are more fully described in the
Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q,
and other filings with the Securities and Exchange Commission. Should
one or more of these risks or uncertainties materialize or should any of
the Company's underlying assumptions prove incorrect, actual results may
vary materially from those currently anticipated. In addition, undue
reliance should not be placed on the Company's forward-looking
statements. Except as required by law, the Company disclaims any
obligation to update or publicly announce any revisions to any of the
forward-looking statements contained in this news release. The results
of the initial optimization study are preliminary in nature and subject
to revision following WWR's further analysis of the Coosa Graphite

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