Westwater Resources, Inc.

Westwater Resources, Inc. is an energy technology company primarily focused on the development and production of battery-grade natural graphite materials. The company's mission is to establish a secure, domestic supply of battery-grade natural graphite within the United States. Headquartered in Centennial, Colorado, Westwater Resources aims to support the growing demand for critical minerals essential to clean energy production.

The company's core products include Coated Spherical Purified Graphite (CSPG), which serves as the active anode material in lithium-ion batteries. These materials are crucial for various market segments, including electric vehicles, grid energy storage, consumer electronics, and defense applications. Westwater Resources' primary assets are located in Alabama and comprise the Kellyton Graphite Plant, currently under construction, and the Coosa Graphite Deposit, recognized as the largest and most advanced natural flake graphite deposit in the contiguous United States.

Recent developments include the appointment of Frank Bakker as President and CEO in January 2023, with Terence J. Cryan serving as Executive Chairman. In April 2026, SK On Co., Ltd. terminated a product procurement agreement, leading Westwater to optimize Phase I capacity at its Kellyton Graphite Plant to align with remaining commitments and available financing. The Coosa Graphite Deposit received a FAST-41 "covered project" designation in March 2026, which is expected to streamline its federal permitting process. Furthermore, the U.S. Department of Commerce's February 2026 final determination imposed significant tariffs and duties, totaling approximately 220.18%, on Chinese graphite anode materials, positioning Westwater Resources favorably in the domestic supply chain. The company reported a net loss of $27.3 million for the full year 2025, as construction continues at the Kellyton facility, with initial production anticipated within 12 months of securing necessary project financing.