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Westwater Resources ( (WWR) ) has provided an announcement.
On March 31, 2026, Westwater Resources received notice that SK On Co., Ltd. was terminating a Products Procurement Agreement signed in February 2024 for the purchase of coated spherical purified graphite from the Kellyton Graphite Plant. The agreement had covered a portion of the plant’s planned Phase I production capacity, removing a previously identified commercial outlet for some of Westwater’s initial output.
Westwater said SK On’s move reflects challenging, shifting market conditions and tariff dynamics facing battery-material customers, but emphasized that construction and operational preparations at Kellyton are continuing. The company is advancing its commercial strategy by supplying product samples from its qualification line to support ongoing customer testing and maintains that it can achieve initial battery-grade graphite production within about 12 months after securing remaining project financing.
The most recent analyst rating on (WWR) stock is a Sell with a $0.68 price target. To see the full list of analyst forecasts on Westwater Resources stock, see the WWR Stock Forecast page.
Spark’s Take on WWR Stock
According to Spark, TipRanks’ AI Analyst, WWR is a Neutral.
The score is primarily held back by weak financial performance (minimal revenue, ongoing losses, and cash burn) and bearish technical signals (below major moving averages with negative MACD). The earnings call provides some support via operational progress and liquidity, but the loss of a key offtake agreement and financing uncertainty meaningfully increases execution risk.
To see Spark’s full report on WWR stock, click here.
More about Westwater Resources
Westwater Resources, Inc. is a U.S.-based critical minerals and energy technology company focused on developing a vertically integrated, mine-to-market platform for battery-grade natural graphite. Its operations are anchored by the Coosa Graphite Deposit in Alabama, the largest known natural flake graphite deposit in the contiguous United States, and the Kellyton Graphite Plant, which is designed to produce coated spherical purified graphite for lithium-ion battery anodes.
The company targets the fast-growing lithium-ion battery supply chain by supplying domestically produced, battery-grade graphite to customers seeking to reduce reliance on imported materials. Westwater’s strategy centers on advancing construction and operational readiness at Kellyton while qualifying its products with potential customers through a dedicated qualification line.
Average Trading Volume: 1,953,163
Technical Sentiment Signal: Strong Sell
Current Market Cap: $81.54M
For a thorough assessment of WWR stock, go to TipRanks’ Stock Analysis page.