other material
confidence high
sentiment positive
materiality 0.90
Westwater signs binding offtake with Stellantis for Kellyton graphite anode (10-15 kt/yr)
WESTWATER RESOURCES, INC.
- Binding offtake agreement with FCA US LLC (Stellantis) signed July 17, 2024.
- FCA to purchase 10 kt of graphite anode product in 2026, 15 kt annually from 2027-2031.
- Westwater has now secured offtake agreements for 100% of Kellyton Phase 1 capacity (including prior SK On deal).
- Over $120M invested in Kellyton plant; company proceeding to secure debt financing to complete construction.