Westwater Resources, Inc. · AMEX:WWR
Westwater Resources — Investor Presentation (April 2021)
24 slides from Westwater Resources's investor presentation, Apr 7, 2021
Slide 1: Energy Materials for the 21st Century – Corporate Presentation
ENERGY MATERIALS FOR THE 21ST CENTURY CORPORATE PRESENTATION APRIL 7, 2021 Christopher M. Jones Chief Executive Officer (NYSE American:WWR) 1
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING 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 events. F
Slide 3: Westwater – Ensuring the Safety of Our Employees
WESTWATER – ENSURING THE SAFETY OF OUR EMPLOYEES • To ensure the health and safety of our employees and the communities where we work, we have: • Eliminated unnecessary travel • Instituted health protocols for working together and instituted remote working arrangements for our employees based on CDC
Slide 4: Westwater – Ensuring the Health and Growth of Our Business
WESTWATER – ENSURING THE HEALTH AND GROWTH OF OUR BUSINESS • We continue to work with our business partners to maintain our advanced battery graphite product development schedule: • We are currently operating our Pilot Program for the production of battery graphite materials. • Coosa Graphite Deposi
Slide 5: Stock & Financial Snapshot
STOCK & FINANCIAL SNAPSHOT Share Price Shares outstanding 1 32.3 million $5.60 (4/6/2021) Market Capitalization Options/Warrants 1 364,181 $ 181 million (4/6/2021) Cash and Equivalents $117 million Debt $0 (3/26/2021) Liquidity (3 Mo. Avg.) 8.9 million shs/day 52 Wk Hi-Low $14.50 - $0.96 1 Shares an
Slide 6: WWR Core Values
WWR CORE VALUES Our Core Values are based on Continuous Improvement in: - Each Other - Our Environment - Our Assets SAFETY - The Communities Where We Work - Our Reputation - Effective and efficient use of our shareholders’ assets - Focus on first quartile cost performance - Highest level of performa
Slide 7: Owner of the Leading Graphite Development Property in US
OWNER OF THE LEADING GRAPHITE DEVELOPMENT PROPERTY IN US • We have developed a new, environmentally sustainable COOSA PILOT PROGRAM LAYOUT proprietary process for purifying graphite and applied for a US Patent. • Our Pilot Program has operated since Q4 2020 and has provided materials in quantity for
Slide 8: Pilot Program Results – Step by Step
PILOT PROGRAM RESULTS – STEP BY STEP PURIFICATION: • 16,675 kg purified • This is the graphite material needed for battery graphite production SPHERICAL PURIFIED GRAPHITE PRODUCTION: • 1,700 kg produced • The d50 sizes of the products are 10, 18 and 24 um. 8
Slide 9: Pilot Program Results – Step by Step
PILOT PROGRAM RESULTS – STEP BY STEP DELAMINATED EXPANDED GRAPHITE (ULTRA-DEXDGTM) • 1,882 kg of precursor material produced • 350 kg DEXDG product produced so far. PURIFIED MICRONIZED GRAPHITE (ULTRA-PMGTM) • 10,500 kg PMG products from 5, 8, 10, 15, 30 and 44 um sizes were produced. 9
Slide 10: Pilot Program Results – Step by Step
PILOT PROGRAM RESULTS – STEP BY STEP FEASIBILITY STUDY INPUTS • The Pilot Program has provided key inputs for the Definitive Feasibility Study PILOT PROGRAM PLANS • Expected to run to early Q2 • More than 13,000 kg of products expected for further testing by WWR and prospective customers 10
Slide 11: Definitive Feasibility Study
DEFINITVE FEASIBILITY STUDY Westwater has engaged Samuel Engineering to lead a group of engineering contractors in the US and Germany to complete a Definitive Feasibility Study for the Coosa Project’s Commercial Production Plant. We expect this study to be complete at mid-year with a +/- 15% estimat
Slide 12: Coosa Graphite Project Key Attributes
COOSA GRAPHITE PROJECT KEY ATTRIBUTES Proprietary Technology • High Purity Conversion • Simple and Robust Process Cost Advantage • U.S. Manufactured Battery Grade Graphite • Vanadium Potentially Improves Project Economics Sustainability • Environmentally Sustainable Process • Our graphite can save o
Slide 13: Battery Market Segments Overview
BATTERY MARKET SEGMENTS OVERVIEW • 23% growth rate expected over next 10 years Transportation • Predominantly Lithium Ion Batteries • Qualification cycle (3 - 5 yr) • 11% growth rate expected over the next 10 years Energy Storage • Qualification cycle (>5 yr) Systems • Enabling technology for wind a
Slide 14: Graphite Is a Major Component of All Batteries
GRAPHITE IS A MAJOR COMPONENT OF ALL BATTERIES Why Graphite Matters: • A critical component of all types of batteries including lead-acid, alkaline power cells and non-rechargeable lithium cells • Coated Purified Spherical Graphite (CPSG) is a critical component in lithium-ion batteries * • The US G
Slide 15: The Coosa Graphite Project Provides Key Advantages
THE COOSA GRAPHITE PROJECT PROVIDES KEY ADVANTAGES The Coosa Graphite Project is a near-term source of domestic U.S. battery-grade graphite • Customer qualification is underway • Westwater’s graphite will be produced using environmentally sustainable processes in the United States. • Westwater’s gra
Slide 16: Battery Grade Products – Presently Being Tested by Prospective Customers
BATTERY GRADE PRODUCTS – PRESENTLY BEING TESTED BY PROSPECTIVE CUSTOMERS ULTRA-PMGTM - Purified Micronized Graphite Samples requested Conductivity enhancer for all types of batteries by multiple primary battery producers Largest market is lead-acid batteries ULTRA-DEXDGTM - Delaminated Expande
Slide 17: Proprietary Purification Technology
PROPRIETARY PURIFICATION TECHNOLOGY Westwater has developed a new technology for graphite purification. We have applied for a Provisional Patent with the U.S. Patent and Trademark Office for this technology: ➢ Our purification methodology has a more sustainable footprint than those currently use
Slide 18: Project Investment
PROJECT INVESTMENT ▪ We have raised a major share of the funding we need to construct the full scale facility. ▪ Further funding can come from: ▪ Loans or loan guarantees. ▪ Direct Equity Joint Venture 18
Slide 19: Business Plan for the Coosa Graphite Project – Overview
BUSINESS PLAN FOR THE COOSA GRAPHITE PROJECT - OVERVIEW • Project Plan • Westwater’s Feasibility Study, led by Samuel Engineering, is underway for expected completion at mid-year. • Exploration Drilling is expected to begin this month for Vanadium and further work in Graphite Deposit definition • Fu
Slide 20: Graphite Project Plan
GRAPHITE PROJECT PLAN 2020 2021 2022 2023 2024 2025 2026 2027 2028 Complete Feasibility Study mid year 2021 Full-Scale Plant Commercial Production Feedstock Non-China Natural Graphite Source Purchase Coosa Mining US- Based Feedstock Customer qualification using pilot plant products and ensuring th
Slide 21: Our Team: Tenured Leaders in Energy Minerals Development
OUR TEAM: TENURED LEADERS IN ENERGY MINERALS DEVELOPMENT Christopher M. Jones, • Joined in March 2013; more than 35 years of industry experience; licensed Professional Engineer (US President and CEO and Canada), taking projects from concept to production • B.S. in Mining Engineering from South Dakot
Slide 22: Experience Matters
EXPERIENCE MATTERS Energy minerals exploration and development requires discipline and diligent capital stewardship: • We have restructured and recapitalized the Company, repositioning Westwater as a green energy materials company – With a laser focus on Battery-Grade Graphite Products • Experienced
Slide 23: Why Westwater as an Investment?
WHY WESTWATER AS AN INVESTMENT? • We have a battery-grade graphite development business with strong upside potential • Graphite has been designated a critical mineral by the U.S. Government • Proven management team with experience in energy minerals development, operations, and financial management
Slide 24: Contact Us
ENERGY MATERIALS FOR THE TWENTY-FIRST CENTURY Contact Us Westwater Resources Contacts: Investor Relations Contact: Christopher M. Jones, President & CEO Michael Porter Jeffrey L.Vigil,VP Finance & CFO Porter, LeVay and Rose Email: Info@WestwaterResources.net Phone: 212.564.4700 Jay Wago – VP Sales a
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