Westwater Resources Inc. Investor Presentation

Westwater Resources, Inc. presented an investor presentation on April 9, 2026, detailing their strategic position as a U.S.-based producer of battery-grade natural graphite. The company highlights the growing demand for graphite driven by electric vehicles and battery energy storage, noting that the U.S. currently imports 100% of its battery-grade natural graphite, with China dominating processing capacity. Westwater's "mine-to-market" model involves the Coosa Graphite Deposit in Alabama for mining and the Kellyton Graphite Plant for processing. The Coosa deposit is described as the largest in the contiguous U.S., with a 22-year mine life estimated. The Kellyton plant, under construction, aims for Phase 1 production of 12,500 mtpa of battery-grade graphite, with plans for Phase 2 to increase capacity to 50,000 mtpa. The presentation also touches upon U.S. government support for critical minerals, including IRA incentives and DOE funding. Financial highlights include a market cap of $79M and a pre-tax NPV of $417M for Phase 1 of the Kellyton plant.