Lake Martin Regional Industrial Park

Siri Hedreen / The Outlook

Westwater Resources selected Lake Martin Regional Industrial Park, above, in Kellyton as the site of its Alabama Graphite Products plant in June.

Westwater Resources is expanding the scope of its Alabama Graphite Products plant, but sticking to its timeline.

On Monday, the mining company released its definitive feasibility study — the official "running of the numbers" — for the graphite processing plant, revealing a final sticker price of $202 million for phase one of construction, about $75 million higher than the initial figure quoted earlier this year. In a simultaneous announcement, Westwater said its board of directors have given the go-ahead for that first phase.