Westwater Resources Announces EXIM Approval of $25 Million Loan to Advance the Kellyton Graphite Plant
Westwater Resources secured approval for a $25 million direct loan from the U.S. Export-Import Bank to fund the development of its Kellyton Graphite Plant in Alabama. The non-dilutive financing will support construction, equipment installation, and commissioning as the company targets commercial production in 2027, with J.P. Morgan acting as arranger.
Key figures
- Deal Value Usd
- 25000000
- Jobs created
- 100
- Mineral rights acres
- 41965
- Production capacity annual
- 12,500 metric tons
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