Westwater signs first off-take agreement with SK On for graphite anode supply; final year volume 10,000 mt

WESTWATER RESOURCES, INC.

SK On will purchase annually a percentage of its forecasted volume; final year volume 10,000 metric tons.
Agreement is critical for securing financing to complete construction of Kellyton Graphite Plant Phase I.
Westwater will supply CSPG-10 natural graphite anode from Kellyton, Alabama to SK On's U.S. battery plants.
Westwater actively negotiating additional off-take agreements with other customers.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

WESTWATER RESOURCES, INC. entered into Products Procurement Agreement with SK On Co., Ltd. valued at Minimum purchase of CSPG-10 natural graphite anode products; final year forecasted volume 10,000 mt (effective 2024-02-04).

Action: entry
Agreement: supply
Counterparty: SK On Co., Ltd.
Value: Minimum purchase of CSPG-10 natural graphite anode products; final year forecasted volume 10,000 mt
Effective: 2024-02-04

Exact text from the filing

On February 4, 2024, Westwater Resources, Inc. (the “Company”) and SK On Co., Ltd. (“SK On”) entered into a Products Procurement Agreement (the “Procurement Agreement”).

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WESTWATER RESOURCES, INC. filing history →

Source: SEC EDGAR

accession 0001104659-24-010334

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