FCA unexpectedly terminates offtake; Westwater disputes, pauses debt syndication, raises $55M

WESTWATER RESOURCES, INC.

FCA US LLC terminated Binding Offtake Agreement effective Nov 3, 2025; Westwater disputes termination and reserves rights.
Raised ~$55M since June 30, 2025 via ATM and convertible notes; cash balance ~$53M as of Nov 5, 2025.
Debt syndication paused due to termination; EXIM loan due diligence delayed by U.S. government shutdown.
Optimizing Phase I of Kellyton Plant to match existing offtake commitments (SK On, Hiller Carbon remain in effect).
FCA open to reconsidering new arrangement; Westwater continues customer sampling and permitting for Coosa deposit.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.