Westwater Resources, Inc. · AMEX:WWR
Westwater Resources — Q3 2021 Earnings Presentation
21 slides from Westwater Resources's earnings presentation, Nov 11, 2021
Slide 1: Energy Materials for the 21st Century – Corporate Presentation
ENERGY MATERIALS FOR THE 21ST CENTURY CORPORATE PRESENTATION NOVEMBER 11, 2021 (NYSE American:WWR) Chris Jones Chief Executive Officer Jeff Vigil Chief Financial Officer 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: 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 continue to ensure that our employees are permitted and encouraged to take time off due to illness or the illness of those around them without penalty. 3
Slide 4: Ensuring the Health and Growth of Our Business
WESTWATER – ENSURING THE HEALTH AND GROWTH OF OUR BUSINESS • We continue to maintain our advanced battery graphite product development schedule: • We have completed the Definitive Feasibility Study for our Graphite Processing Facility and approved the construction of Phase I. • We have secured the s
Slide 5: Stock & Financial Snapshot
STOCK & FINANCIAL SNAPSHOT Share Price Shares outstanding 1 34.6 million $3.74 (11/08/2021) Market Capitalization Options/RSUs 1 675,303 $ 129.0 million (11/08/2021) Cash and Equivalents $119.0 million Debt $0 Liquidity (3 Mo. Avg.) 767,000 shs/day 52 Wk Hi-Low $11.45 - $3.05 1 Shares and Options/RS
Slide 6: Financial Summary
FINANCIAL SUMMARY ($ in 000, Except Per Share) Q3 2021 Q3 2020 Variance Net Cash Used in Operations (1) $(13,040) $(10,134) 29% Product Development Expenses $(1,834) $(1,641) 12% General and Administrative (2) $(2,189) $(1,941) 13% Net Loss from Continuing Operations $(4,568) $(3,362) 36% Net Loss f
Slide 7: WWR Core Values
WWR CORE VALUES Our Core Values are based on Continuous Improvement in: - 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 eve
Slide 8: Executing Our Business Plan
EXECUTING OUR BUSINESS PLAN FEASIBILITY STUDY • Complete • Construction of Phase I approved by the Board • More than 13,000 kg of products produced for testing by WWR and prospective customers • Samples are in prospective customers’ hands 8
Slide 9: Kellyton, Alabama Selected for Graphite Processing Plant Site
KELLYTON, ALABAMA SELECTED FOR GRAPHITE PROCESSING PLANT SITE On June 22, community leaders from the State of Alabama, Coosa County, Alexander City and the Lake Martin Industrial Development Board celebrated the unveiling of the project with the Westwater/Alabama Graphite Products management team 9
Slide 10: Kellyton Project Site
KELLYTON PROJECT SITE Original Kellyton Site Footprint Building A Building B Future Site of Kellyton Processing Facility Showing Newly Purchased Buildings 10
Slide 11: 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 11
Slide 12: Battery Market Segments Overview
BATTERY MARKET SEGMENTS OVERVIEW • 23% growth rate expected over next 10 years Transportation • Predominantly Lithium Ion Batteries • US Government and Automakers announced a goal of 50% of all autos sold will Electric Vehicle by 2050 • 11% growth rate expected over the next 10 years Energy Storage
Slide 13: 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 14: 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 • Samples are under evaluation at potential customers. • Westwater’s graphite will be produced using environmentally sustainable processes in the United States.
Slide 15: Proprietary Purification Technology
PROPRIETARY PURIFICATION TECHNOLOGY Westwater has developed a new technology for graphite purification. We have filed a Provisional Patent Application with the U.S. Patent and Trademark Office for this technology: Our purification methodology has a more sustainable footprint than those current
Slide 16: 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 Complete. • Phase I construction is approved. Expected completion in Q1 2023. • Expected Coated Spherical Purified Graphite production increased from previous plans.
Slide 17: Graphite Project Plan
GRAPHITE PROJECT PLAN 2021 2022 2023 2024 2025 2026 2027 2028 Feasibility Study Complete Full-Scale Plant Commercial Production Feedstock Purchase Non-China Natural Graphite Source Coosa Mining US- Based Feedstock Customer qualification using pilot plant products and ensuring the same product spec
Slide 18: 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 40 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 19: Experience Matters
EXPERIENCE MATTERS Energy minerals exploration and development requires discipline and diligent capital stewardship: • We have restructured and recapitalized the Company, positioning Westwater as a green energy materials company – with a laser focus on battery-grade graphite products. • Experienced
Slide 20: Why Westwater as an Investment?
WHY WESTWATER AS AN INVESTMENT? • We have a battery-grade graphite development business with strong upside potential. • Largest graphite property in the contiguous United States. • Graphite has been designated a critical mineral by the U.S. Government. • Sales and marketing team has engaged with a n
Slide 21: 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