other material
confidence high
sentiment negative
materiality 0.85
SK On terminates Products Procurement Agreement with Westwater
WESTWATER RESOURCES, INC.
- SK On notified Westwater on March 31, 2026 of immediate termination of the February 2024 Products Procurement Agreement.
- Agreement covered purchase of a portion of planned Phase I production at Kellyton Graphite Plant.
- SK On indicated willingness to consider future agreements under updated terms and conditions.
- Westwater continues construction at Kellyton and expects initial production within 12 months of securing remaining project financing.
- Company advancing commercial strategy with product samples from Kellyton qualification line.