{"id":992516,"date":"2026-08-10T06:34:01","date_gmt":"2026-08-10T10:34:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\/"},"modified":"2026-08-10T06:34:01","modified_gmt":"2026-08-10T10:34:01","slug":"westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\/","title":{"rendered":"Westwater Resources Announces EXIM Approval of $25 Million Loan to Advance 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 Announces EXIM Approval of $25 Million Loan to Advance the Kellyton Graphite Plant<\/b><\/p>\n<p class=\"bwalignc\"><i>EXIM\u2019s financing of Westwater\u2019s Alabama Graphite Project represents a significant milestone for the most advanced American battery-grade natural graphite processing plant<\/i><\/p>\n<p>GREENWOOD VILLAGE, 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), today announced that the Export-Import Bank of the United States (\u201cEXIM\u201d) has approved a $25 million direct loan to support continued development of the Company\u2019s Kellyton Graphite Plant in central Alabama.<\/p>\n<p>\nThe financing was approved under EXIM\u2019s Make More in America Initiative (\u201cMMIA\u201d), which supports export-oriented domestic manufacturing projects that strengthen critical U.S. supply chains. J.P. Morgan\u2019s Securitized Products Group served as the Arranger and Structuring Agent in connection with the transaction.<\/p>\n<p>\nThe $25 million loan will provide non-dilutive capital to advance construction, equipment installation, commissioning and operational readiness activities at the Kellyton Graphite Plant. The financing is expected to support Westwater\u2019s objective of commencing commercial production in 2027.<\/p>\n<p>\n\u201cThis non-dilutive financing represents a significant milestone for Westwater and an important federal commitment to building a secure domestic supply chain for battery-grade natural graphite,\u201d said Terence Cryan, Executive Chairman of Westwater Resources. \u201cKellyton is the most advanced American battery-grade natural graphite processing project, enjoying a 3-5 year first mover advantage over potential North American competitors. EXIM\u2019s support strengthens our path toward commercial production in 2027 and recognizes the strategic importance of establishing this critical manufacturing capability here at home.\u201d<\/p>\n<p><b>Public-Private Financing Supports a Critical American Supply Chain<\/b><\/p>\n<p>\nThe United States currently relies on foreign sources for its supply of natural graphite, a critical mineral used in lithium-ion battery anodes and a range of energy storage, defense, aerospace and advanced technology applications. Once operational, Kellyton is expected to produce coated spherical purified graphite (\u201cCSPG\u201d), a form of natural graphite used primarily as active anode material in lithium-ion batteries.<\/p>\n<p>\nPhase I of the Kellyton Graphite Plant is designed to produce approximately 12,500 metric tons of CSPG annually. The plant is strategically located in Alabama near a growing concentration of battery and automotive manufacturing operations across the southeastern United States.<\/p>\n<p>\nThe Kellyton Graphite Plant is the downstream advanced processing component of Westwater\u2019s vertically integrated, mine-to-market strategy. The Company is also advancing the Coosa Graphite Deposit, located approximately 30 miles from Kellyton, as a potential long-term domestic source of natural graphite flake concentrate for the plant. Westwater holds mineral rights across approximately 41,965 acres at Coosa, which the Company believes is the largest and most advanced natural flake graphite deposit in the contiguous United States.<\/p>\n<p>\n\u201cEXIM\u2019s approval is a strong validation of Kellyton\u2019s strategic and economic importance,\u201d said Steve Cates, Senior Vice President and Chief Financial Officer of Westwater Resources. \u201cThis $25 million commitment provides an important source of non-dilutive capital as we work to complete the plant.\u201d<\/p>\n<p>\nPhase I of the Kellyton Graphite Plant is expected to create approximately 100 permanent jobs in rural Central Alabama and contribute to the continued growth of Alabama\u2019s advanced manufacturing economy.<\/p>\n<p>\n\u201cUnder President Trump\u2019s leadership, America is leading the way in critical minerals development and rare earths processing,\u201d said EXIM Chairman John Jovanovic. \u201cCritical mineral security is national security. These deals are a large part of EXIM\u2019s strategy to fortify our supply chains, restore crucial industries that support well-paying American jobs, and safeguard everyday Americans from supply shocks.\u201d<\/p>\n<p>\nThe EXIM loan remains subject to the execution of definitive loan documentation and the satisfaction of customary closing conditions.<\/p>\n<p><b>About the Make More in America Initiative<\/b><\/p>\n<p>\nEXIM\u2019s Make More in America Initiative makes EXIM\u2019s existing medium- and long-term loans, loan guarantees and insurance products available to export-oriented domestic manufacturing projects. The initiative is intended to strengthen American manufacturing, support U.S. jobs and enhance the resiliency and security of critical domestic supply chains.<\/p>\n<p><b>About Westwater Resources, Inc.<\/b><\/p>\n<p>\nWestwater Resources, Inc. (NYSE American: WWR) is a critical minerals and energy technology company advancing a vertically integrated, mine-to-market platform for battery-grade natural graphite in the United States. The Company\u2019s platform is anchored by the Coosa Graphite Deposit in Alabama, the largest natural flake graphite deposit in the contiguous United States, and the Kellyton Graphite Plant, a processing facility designed to produce coated spherical purified graphite (CSPG), a key material used in lithium-ion battery anodes. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwestwaterresources.com&amp;esheet=54586381&amp;newsitemid=20260809233353&amp;lan=en-US&amp;anchor=WestwaterResources.com&amp;index=1&amp;md5=b15584ac5725b6d8078d9c662502a40f\">WestwaterResources.com<\/a>.<\/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 advance,\u201d \u201csignificant milestone,\u201d \u201cmost advanced,\u201d \u201ccontinued development,\u201d \u201cstrengthen,\u201d \u201cexpected to support,\u201d \u201cobjective,\u201d \u201cimportant,\u201d first mover advantage,\u201d \u201cpotential,\u201d \u201cstrategic importance,\u201d \u201cexpected to produce,\u201d \u201cstrategically located,\u201d \u201cbelieves,\u201d \u201clargest,\u201d \u201cstrong validation,\u201d \u201cimportant source,\u201d \u201cexpected to create,\u201d \u201ccontinued growth,\u201d \u201cexecution,\u201d \u201csatisfaction,\u201d and other similar words. Forward-looking statements include, among other things, statements concerning: operational developments including the construction of the Kellyton Graphite Plant, the Coosa Graphite Deposit, and the costs, schedules, production and economic projections associated with both of them, and strategic priorities including progress on financing for the Kellyton Graphite Plant. 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, 2025, and subsequent securities filings, and they could cause actual results to differ materially from management expectations.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260809233353r1&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\/20260809233353\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260809233353\/en\/<\/a><\/span><\/p>\n<p><b>Westwater Resources, Inc.<br \/>\n<\/b><br \/>Email: <a rel=\"nofollow\" href=\"mailto:Info@WestwaterResources.com\">Info@WestwaterResources.com<\/a><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>Email: <a rel=\"nofollow\" href=\"mailto:investorrelations@westwaterresources.com\">Investorrelations@westwaterresources.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Alabama Colorado United States North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Mining\/Minerals Technology Manufacturing Batteries Natural Resources Other 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\/20260809233353\/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 Announces EXIM Approval of $25 Million Loan to Advance the Kellyton Graphite Plant EXIM\u2019s financing of Westwater\u2019s Alabama Graphite Project represents a significant milestone for the most advanced American battery-grade natural graphite processing plant GREENWOOD VILLAGE, 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), today announced that the Export-Import Bank of the United States (\u201cEXIM\u201d) has approved a $25 million direct loan to support continued development of the Company\u2019s Kellyton Graphite Plant in central Alabama. The financing was approved under EXIM\u2019s Make More in America Initiative (\u201cMMIA\u201d), which supports export-oriented domestic manufacturing projects that strengthen critical U.S. supply chains. J.P. Morgan\u2019s Securitized Products Group served as the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Westwater Resources Announces EXIM Approval of $25 Million Loan to Advance 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-992516","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Westwater Resources Announces EXIM Approval of $25 Million Loan to Advance 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-announces-exim-approval-of-25-million-loan-to-advance-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 Announces EXIM Approval of $25 Million Loan to Advance the Kellyton Graphite Plant - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Westwater Resources Announces EXIM Approval of $25 Million Loan to Advance the Kellyton Graphite Plant EXIM\u2019s financing of Westwater\u2019s Alabama Graphite Project represents a significant milestone for the most advanced American battery-grade natural graphite processing plant GREENWOOD VILLAGE, 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), today announced that the Export-Import Bank of the United States (\u201cEXIM\u201d) has approved a $25 million direct loan to support continued development of the Company\u2019s Kellyton Graphite Plant in central Alabama. The financing was approved under EXIM\u2019s Make More in America Initiative (\u201cMMIA\u201d), which supports export-oriented domestic manufacturing projects that strengthen critical U.S. supply chains. J.P. Morgan\u2019s Securitized Products Group served as the &hellip; Continue reading &quot;Westwater Resources Announces EXIM Approval of $25 Million Loan to Advance the Kellyton Graphite Plant&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-10T10:34:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260809233353r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Westwater Resources Announces EXIM Approval of $25 Million Loan to Advance the Kellyton Graphite Plant\",\"datePublished\":\"2026-08-10T10:34:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\\\/\"},\"wordCount\":1030,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260809233353r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\\\/\",\"name\":\"Westwater Resources Announces EXIM Approval of $25 Million Loan to Advance the Kellyton Graphite Plant - 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(NYSE American: WWR), an energy technology and battery-grade natural graphite company (\u201cWestwater\u201d or the \u201cCompany\u201d), today announced that the Export-Import Bank of the United States (\u201cEXIM\u201d) has approved a $25 million direct loan to support continued development of the Company\u2019s Kellyton Graphite Plant in central Alabama. The financing was approved under EXIM\u2019s Make More in America Initiative (\u201cMMIA\u201d), which supports export-oriented domestic manufacturing projects that strengthen critical U.S. supply chains. J.P. Morgan\u2019s Securitized Products Group served as the &hellip; Continue reading \"Westwater Resources Announces EXIM Approval of $25 Million Loan to Advance the Kellyton Graphite Plant\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\/","og_site_name":"Market Newsdesk","article_published_time":"2026-08-10T10:34:01+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260809233353r1&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":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Westwater Resources Announces EXIM Approval of $25 Million Loan to Advance the Kellyton Graphite Plant","datePublished":"2026-08-10T10:34:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\/"},"wordCount":1030,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260809233353r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/westwater-resources-announces-exim-approval-of-25-million-loan-to-advance-the-kellyton-graphite-plant\/","name":"Westwater Resources Announces EXIM Approval of $25 Million Loan to Advance the Kellyton Graphite Plant - 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