Westwater Resources Faces Challenges After Stellantis Terminates Offtake Agreement, Announces Optimization Plan for Kellyton Plant.
ByAinvest
Friday, Nov 7, 2025 5:02 pm ET1min read
WWR--
Westwater Resources, a company focused on developing battery-grade natural graphite, has announced a strategic update following the unexpected termination of its offtake agreement with FCA US LLC, a subsidiary of Stellantis. The company is now optimizing the Kellyton Plant to meet current offtake commitments, reducing the total capital needed to complete Phase I. Westwater has raised approximately $55 million through its ATM program and convertible note offerings, with a current cash balance of around $53 million.
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