{"id":847874,"date":"2025-05-07T06:34:11","date_gmt":"2025-05-07T10:34:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-receives-letter-of-interest-from-us-exim-bank-for-the-kellyton-graphite-plant\/"},"modified":"2025-05-07T06:34:11","modified_gmt":"2025-05-07T10:34:11","slug":"westwater-resources-receives-letter-of-interest-from-us-exim-bank-for-the-kellyton-graphite-plant","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-receives-letter-of-interest-from-us-exim-bank-for-the-kellyton-graphite-plant\/","title":{"rendered":"Westwater Resources Receives Letter of Interest from US EXIM Bank for the Kellyton Graphite Plant"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Westwater Resources Receives Letter of Interest from US EXIM Bank for the Kellyton Graphite Plant<\/b><\/p>\n<p>CENTENNIAL, Colo.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>Westwater Resources, Inc. (NYSE American: WWR)<\/b>, an energy technology and battery-grade natural graphite company (\u201cWestwater\u201d or the \u201cCompany\u201d), announced today that it has received a letter of interest from US EXIM Bank (\u201cEXIM\u201d) for its Kellyton Graphite Plant, under the \u201cMake More in America Initiative\u201d and the \u201cChina and Transformational Export Program.\u201d The letter of interest is separate from the Phase I debt syndication process for the Kellyton plant previously announced, which is still progressing.\n<\/p>\n<p>\n\u201cWestwater continues to make progress syndicating its previously announced debt facility. This LOI from EXIM adds additional potential sources of funding as we continue the development of our Kellyton graphite anode processing plant, which is 100% sold out for phase one,\u201d said Steve Cates, Westwater\u2019s Chief Financial Officer.\n<\/p>\n<p>\nThe progression from a letter of interest to a loan commitment from EXIM requires a formal application, and for EXIM to complete due diligence, underwriting, and finalization of terms and conditions. No assurance can be given that the Company will ultimately enter into a loan transaction with EXIM.\n<\/p>\n<p><b>About Westwater Resources, Inc.<\/b><\/p>\n<p>\nWestwater Resources is an energy technology company that is focused on developing battery-grade natural graphite. Westwater Resources\u2019 primary project is the Kellyton Graphite Processing Plant that is under construction in east-central Alabama. In addition, Westwater Resources\u2019 Coosa Graphite Deposit is the largest and most advanced natural flake graphite deposit in the contiguous United States \u2014 and is located across 41,965 acres (~17,000 hectares) in Coosa County, Alabama. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwestwaterresources.net&amp;esheet=54250390&amp;newsitemid=20250507179897&amp;lan=en-US&amp;anchor=westwaterresources.net&amp;index=1&amp;md5=26075b3f08c753c2edd513167791b0ec\">westwaterresources.net<\/a>.\n<\/p>\n<p><b>Cautionary Statement Regarding Forward-Looking Statements<\/b><\/p>\n<p>\nThis 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 and phrases such as \u201cprogressing,\u201d \u201cprogress,\u201d \u201cpotential,\u201d \u201cdevelopment,\u201d and other similar words or phrases. Forward looking statements include, among other things, statements concerning the Company\u2019s business plans for its Kellyton Graphite Processing Plant including efforts to syndicate a debt facility for its continued construction. The Company cautions that there are factors that could cause actual results to differ materially from the forward-looking information that has been provided. The reader is cautioned not to put undue reliance on this forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of the Company; accordingly, there can be no assurance that such suggested results will be realized. Those uncertainties and other factors are discussed in Westwater\u2019s Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent securities filings, and they could cause actual results to differ materially from management expectations.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250507179897r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250507179897\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250507179897\/en\/<\/a><\/span><\/p>\n<p><b>Westwater Resources, Inc.<br \/>\n<br \/><\/b>Email: <a rel=\"nofollow\" href=\"mailto:Info@WestwaterResources.net\">Info@WestwaterResources.net<\/a><\/p>\n<p><b>Investor Relations<br \/>\n<br \/><\/b>Email: <a rel=\"nofollow\" href=\"mailto:investorrelations@westwaterresources.net\">Investorrelations@westwaterresources.net<\/a><\/p>\n<p><b>KEYWORDS:<\/b> North America United States Australia Australia\/Oceania Canada Colorado<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Energy Natural Resources Other Manufacturing Alternative Energy Energy Engineering Mining\/Minerals Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250507179897\/en\/1059383\/3\/WR_Logo_FA.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Westwater Resources Receives Letter of Interest from US EXIM Bank for the Kellyton Graphite Plant CENTENNIAL, Colo.&#8211;(BUSINESS WIRE)&#8211;Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite company (\u201cWestwater\u201d or the \u201cCompany\u201d), announced today that it has received a letter of interest from US EXIM Bank (\u201cEXIM\u201d) for its Kellyton Graphite Plant, under the \u201cMake More in America Initiative\u201d and the \u201cChina and Transformational Export Program.\u201d The letter of interest is separate from the Phase I debt syndication process for the Kellyton plant previously announced, which is still progressing. \u201cWestwater continues to make progress syndicating its previously announced debt facility. This LOI from EXIM adds additional potential sources of funding as we continue the development of our &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-receives-letter-of-interest-from-us-exim-bank-for-the-kellyton-graphite-plant\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Westwater Resources Receives Letter of Interest from US EXIM Bank for the Kellyton Graphite Plant&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-847874","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Westwater Resources Receives Letter of Interest from US EXIM Bank for the Kellyton Graphite Plant - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-receives-letter-of-interest-from-us-exim-bank-for-the-kellyton-graphite-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Westwater Resources Receives Letter of Interest from US EXIM Bank for the Kellyton Graphite Plant - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Westwater Resources Receives Letter of Interest from US EXIM Bank for the Kellyton Graphite Plant CENTENNIAL, Colo.&#8211;(BUSINESS WIRE)&#8211;Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite company (\u201cWestwater\u201d or the \u201cCompany\u201d), announced today that it has received a letter of interest from US EXIM Bank (\u201cEXIM\u201d) for its Kellyton Graphite Plant, under the \u201cMake More in America Initiative\u201d and the \u201cChina and Transformational Export Program.\u201d The letter of interest is separate from the Phase I debt syndication process for the Kellyton plant previously announced, which is still progressing. \u201cWestwater continues to make progress syndicating its previously announced debt facility. 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(NYSE American: WWR), an energy technology and battery-grade natural graphite company (\u201cWestwater\u201d or the \u201cCompany\u201d), announced today that it has received a letter of interest from US EXIM Bank (\u201cEXIM\u201d) for its Kellyton Graphite Plant, under the \u201cMake More in America Initiative\u201d and the \u201cChina and Transformational Export Program.\u201d The letter of interest is separate from the Phase I debt syndication process for the Kellyton plant previously announced, which is still progressing. \u201cWestwater continues to make progress syndicating its previously announced debt facility. This LOI from EXIM adds additional potential sources of funding as we continue the development of our &hellip; Continue reading \"Westwater Resources Receives Letter of Interest from US EXIM Bank for the Kellyton Graphite Plant\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-receives-letter-of-interest-from-us-exim-bank-for-the-kellyton-graphite-plant\/","og_site_name":"Market Newsdesk","article_published_time":"2025-05-07T10:34:11+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250507179897r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-receives-letter-of-interest-from-us-exim-bank-for-the-kellyton-graphite-plant\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-receives-letter-of-interest-from-us-exim-bank-for-the-kellyton-graphite-plant\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Westwater Resources Receives Letter of Interest from US EXIM Bank for the Kellyton Graphite Plant","datePublished":"2025-05-07T10:34:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-receives-letter-of-interest-from-us-exim-bank-for-the-kellyton-graphite-plant\/"},"wordCount":528,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-receives-letter-of-interest-from-us-exim-bank-for-the-kellyton-graphite-plant\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250507179897r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-receives-letter-of-interest-from-us-exim-bank-for-the-kellyton-graphite-plant\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-receives-letter-of-interest-from-us-exim-bank-for-the-kellyton-graphite-plant\/","name":"Westwater Resources Receives Letter of Interest from US EXIM Bank for the Kellyton Graphite Plant - 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