Westwater Resources announced the execution of a binding off-take agreement for the supply of its Fines material with Hiller Carbon, a supplier of pelletized materials to the steel and foundry industries. Pursuant to the terms of the Off-Take Agreement, Westwater will supply natural graphite Fines material from its Kellyton Graphite Plant located near Kellyton, Alabama to Hiller Carbon’s plants located within the US. Graphite Fines are produced during the CSPG spherodizing process, one of the processing steps related to producing Westwater’s battery anode natural graphite, which remains the company’s main focus. Hiller Carbon will purchase, on an annual basis, 100% of Westwater’s Phase I Fines production which is expected to be approximately 14,000 mt/year. Westwater has now secured off-take agreements for the sale of 100% of both its CSPG and Fines Phase I production.
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