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Westwater Resources Receives Letter of Interest from US EXIM Bank for the Kellyton Graphite Plant

1. WWR received a letter of interest from US EXIM Bank for the Kellyton Graphite Plant. 2. This support aligns with U.S. initiatives to enhance domestic production of critical materials.

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Why Bullish?

The letter of interest by EXIM represents a step towards financing WWR's projects. Historical precedents show that support from economic programs can benefit stock prices significantly, enhancing investor confidence.

How important is it?

The involvement of US EXIM Bank indicates a significant boost for WWR's financing options. Such backing is likely to stimulate expectations of future positive developments for the company.

Why Long Term?

The funding initiatives aim for sustained growth in domestic production, affecting WWR positively over time. Similar initiatives have provided long-term boosts to companies in related sectors.

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TANLITNEE
CENTENNIAL, Colo.--(BUSINESS WIRE)--Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite company (“Westwater” or the “Company”), announced today that it has received a letter of interest from US EXIM Bank (“EXIM”) for its Kellyton Graphite Plant, under the “Make More in America Initiative” and the “China and Transformational Export Program.” The letter of interest is separate from the Phase I debt syndication process for the Kellyton plant prev.

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