Westwater Resources, Inc. (WWR) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

I will now hand the conference over to Steve Cates, Chief Financial Officer. Steve, please go ahead. Thank you, Operator, and good morning, everyone. Thank you for joining us today for Westwater Resources' second quarter 2026 Business Update. Our Form 10-Q was filed earlier this week and is available in the Investor section of our website at westwaterresources.com. Joining me today on the call are Terence Cryan, our Executive Chairman, and Frank Bakker, our President and Chief Executive Officer. Both will be available to answer questions following our prepared remarks. As a reminder, today's discussion will include forward-looking statements, including but not limited to future events and expectations, including projected demand for graphite products, expected timelines and costs related to the Kellyton Graphite Plant and the Coosa Graphite Deposit, Thanks, Steve. And good morning, everyone. This week marked a major step forward for Westwater, for Kellyton, and for the build-out of American-made battery-grade natural graphite. On Monday, we announced that XM approved a $25 million loan to support continued development of our Kellyton graphite plant in Alabama. Exim's $25 million approval is more than a financing milestone. It's a clear recognition of the strategic importance of Kellyton and the role domestic graphite production can play in strengthening the U.S. critical mineral supply chain. For years, the United States has relied heavily on foreign sources of graphite and battery grade graphite materials. Kellyton is being developed to help change that by advancing domestic processing capacity for graphite, a US critical mineral essential to lithium ion batteries, energy storage, and advanced manufacturing. We are now one step closer to something the country urgent...