Westwater Resources (WWR) Corporate presentation summary

Strategic positioning and market opportunity

• Aims to become the first US-based producer of battery-grade natural graphite, strategically located near major EV and battery hubs in the US Battery Corridor.

• Vertical integration from mining at Coosa to processing at Kellyton supports strong project economics.

• Global EV sales are projected to quadruple by 2040, driving significant demand for graphite in battery applications.

• US currently accounts for only 7% of global natural graphite refining, with China dominating at 71%.

Project development and operational progress

• Kellyton Graphite Processing Plant is over 50% complete, with $125M of $245M capital cost invested.

• Phase I capacity of 12,500 mtpa is nearly sold out via two offtake agreements; Phase II will increase total capacity to 50,000 mtpa.

• Patented purification process has enabled successful offtake contracts.

• Coosa Deposit is the largest graphite deposit in the contiguous US, with 2.3M st of natural graphite identified and a 22-year mine life projected.

• Feedstock supply agreement in place with a non-Chinese supplier until Coosa is operational.

Permitting, exploration, and future milestones

• Environmental studies and permitting for Coosa are underway, with two key permits to be filed in 2026.

• Additional drilling planned for 2026; current drilling covers less than 10% of the 42,000-acre mineral rights.

• Near-term catalysts include advancing Coosa studies, securing additional offtake agreements, completing Kellyton financing, and commencing commercial production.

• Longer-term goals focus on advancing Coosa to production and expanding Kellyton's capacity.