Westwater Resources, Inc. · AMEX:WWR

Westwater Resources — Investor Presentation (April 2022)

17 slides from Westwater Resources's investor presentation, Apr 12, 2022

  1. Slide 1: Energy Materials for the 21st Century

    ENERGY MATERIALS FOR THE 21 ST CENTURY TERENCE CRYAN – EXECUTIVE CHAIRMAN CHAD POTTER – PRESIDENT AND CEO APRIL 12, 2022 1 Building A Building B Original Kellyton Site Footprint

  2. Slide 2: Cautionary Statement Regarding Forward-Looking Statements

    CAUTIONARY STATEMENT 2 CAUTIONARY STATEMENT REGARDING FORWARD - LOOKIN G STATEMENTS This presentation contains forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 . Forward - looking statements convey our current expectations or forecasts of future

  3. Slide 3: WWR Core Values

    WWR CORE VALUES - Each Other - Our Environment - Our Assets - The Communities Where We Work - Our Reputation - Effective and efficient use of our shareholders’ assets - Focus on first quartile cost performance - Highest level of performance every day - Improving our processes; Conservative promises

  4. Slide 4: Westwater – Ensuring the Health and Growth of Our Business

    WESTWATER – ENSURING THE HEALTH AND GROWTH OF OUR BUSINESS We continue to advance battery graphite product development schedule: • We completed the Definitive Feasibility Study for our Kellyton Graphite Processing Plant and approved the $202 million construction of Phase I. • We secured the site for

  5. Slide 5: Stock & Financial Snapshot

    1 Shares Outstanding are as of March 14, 2022. 2 Options and RSUs outstanding are as of March 3, 2022 3 Calculated using the shares outstanding of March 14, 2022 and share price on April 4, 2022 Shares outstanding 1 41.1 million Share Price (4/04/2022) $1.93 Options/RSUs 2 525,337 Market Capitalizat

  6. Slide 6: Financial Summary

    FINANCIAL SUMMARY ($ in 000, Except for Share Amounts) 2021 2020 Variance Net Cash Used in Operations $(16,916) $(15,183) 11% Product Development Expenses $(5,975) $(4,049) 48% General and Administrative (1) $(8,875) $(7,343) 21% Net Loss from Continuing Operations $(16,144) $(13,912) 16% Net Loss f

  7. Slide 7: Graphite Is a Major Component of All Batteries

    GRAPHITE IS A MAJOR COMPONENT OF ALL BATTERIES 7 Why Graphite Matters : • A critical component of all types of batteries including lead - acid, alkaline power cells and non - rechargeable lithium cells . • Coated Spherical Purified Graphite (CSPG) is a critical component in lithium - ion batteries .

  8. Slide 8: Battery Markets Are Growing – Graphite Is a Critical Component

    BATTERY MARKETS ARE GROWING – GRAPHITE IS A CRITICAL COMPONENT 8 • 3% CAGR with well - established value chain • Many sub - segments and players Consumer Electronics Transportation • 24% CAGR expected over next 8 years • Predominantly Lithium - ion Batteries • US Government and Automakers announced

  9. Slide 9: Alabama Graphite Project Key Attributes

    ALABAMA GRAPHITE PROJECT KEY ATTRIBUTES 9 Proprietary Technology • High Purity Conversion • Simple and Patent Pending Process Cost Advantage • U.S. Manufactured Battery Grade Graphite • Vanadium Potentially Improves Project Economics Sustainability • Environmentally Sustainable Process

  10. Slide 10: The Alabama Graphite Project Provides Key Advantages

    THE ALABAMA GRAPHITE PROJECT PROVIDES KEY ADVANTAGES 10 The Alabama Graphite Project is a near - term source of domestic U . S . battery - grade graphite • Westwater’s graphite will be produced in the United States using environmentally sustainable processes . • Westwater’s graphite will initially b

  11. Slide 11: Proprietary Purification Technology

    PROPRIETARY PURIFICATION TECHNOLOGY Westwater has developed a new technology for graphite purification: • We have filed a Patent Application with the U.S. Patent and Trademark Office for this technology. • Our purification methodology has a more sustainable footprint than those currently used in Chi

  12. Slide 12: Business Plan for the Alabama Graphite Project - Overview

    BUSINESS PLAN FOR THE ALABAMA GRAPHITE PROJECT - OVERVIEW Project Plan • Westwater’s Feasibility Study on Phase I of the Kellyton Graphite Processing Plant, led by Samuel Engineering, is Complete: • Phase I construction has begun. Expected completion in Q2 2023. • Expected Coated Spherical Purified

  13. Slide 13: Executing Our Business Plan

    EXECUTING OUR BUSINESS PLAN 13 • Feasibility study complete for Phase I of the Kellyton Graphite Processing Plant • $202 million construction of Phase I approved by the Board • Construction continues with civil & earthworks that began in March 2022 • On Schedule for completion in Q2 2023 • Samples a

  14. Slide 14: Our Team Going Forward: Tenured Leadership

    OUR TEAM GOING FORWARD: TENURED LEADERSHIP 14 Terence J. Cryan Executive Chairman • Joined WWR as Chairman in 2017 • An experienced CEO; Extensive public company board experience • 20+ year career in investment banking and private equity • MSc. Econ. London School of Economics Chad M. Potter Preside

  15. Slide 15: Why Westwater as an Investment?

    WHY WESTWATER AS AN INVESTMENT? 15 • We have a battery - grade graphite development business with strong upside potential in the United States. • Our battery - grade graphite products will be produced from a non - Chinese source of natural graphite until the Coosa Graphite Deposit is developed – cur

  16. Slide 16: Resources

    RESOURCES QUESTIONS? 16

  17. Slide 17: Contact Us

    ENERGY MATERIALS FOR THE TWENTY - FIRST CENTURY Contact Us 17 Westwater Resources Contacts : Investor Relations Contact : Terence J . Cryan, Executive Chairman Michael Porter Chad M . Potter, CEO & President Porter, LeVay and Rose Jeffrey L . Vigil, VP Finance & CFO Phone : 212 . 564 . 4700 Email :

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