Westwater Resources Customer Terminates Graphite Supply Agreement

Dow Jones04-02

By Nicholas G. Miller

Westwater Resources said that car battery company SK On terminated the graphite supply agreement between the two companies.

Through the deal, formed in February 2024, SK On had agreed to buy a portion of the production capacity at Westwater's Kellyton graphite plant, currently under construction.

"SK On's decision reflects the challenging and evolving environment our customers are navigating," said Westwater Chief Executive Frank Bakker. "While market conditions and tariffs remain dynamic, our continued focus is on executing and advancing our projects."

SK On has indicated a willingness to consider future agreements, Westwater said.

"We continue to progress construction at Kellyton and believe we are well positioned to support the domestic production of battery-grade graphite," Bakker said. The company expects initial production of battery-grade graphite within 12 months of securing the remaining project financing.

Write to Nicholas G. Miller at nicholas.miller@wsj.com

(END) Dow Jones Newswires

April 01, 2026 17:23 ET (21:23 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Westwater Resources said that car battery company SK On terminated the graphite supply agreement between the two companies. \n</p>\n<p>\n  Through the deal, formed in February 2024, SK On had agreed to buy a portion of the production capacity at Westwater's Kellyton graphite plant, currently under construction. \n</p>\n<p>\n  \"SK On's decision reflects the challenging and evolving environment our customers are navigating,\" said Westwater Chief Executive Frank Bakker. \"While market conditions and tariffs remain dynamic, our continued focus is on executing and advancing our projects.\" \n</p>\n<p>\n  SK On has indicated a willingness to consider future agreements, Westwater said. \n</p>\n<p>\n  \"We continue to progress construction at Kellyton and believe we are well positioned to support the domestic production of battery-grade graphite,\" Bakker said. The company expects initial production of battery-grade graphite within 12 months of securing the remaining project financing. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. 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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Westwater Resources said that car battery company SK On terminated the graphite supply agreement between the two companies. \n</p>\n<p>\n  Through the deal, formed in February 2024, SK On had agreed to buy a portion of the production capacity at Westwater's Kellyton graphite plant, currently under construction. \n</p>\n<p>\n  \"SK On's decision reflects the challenging and evolving environment our customers are navigating,\" said Westwater Chief Executive Frank Bakker. \"While market conditions and tariffs remain dynamic, our continued focus is on executing and advancing our projects.\" \n</p>\n<p>\n  SK On has indicated a willingness to consider future agreements, Westwater said. \n</p>\n<p>\n  \"We continue to progress construction at Kellyton and believe we are well positioned to support the domestic production of battery-grade graphite,\" Bakker said. The company expects initial production of battery-grade graphite within 12 months of securing the remaining project financing. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 01, 2026 17:23 ET (21:23 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4096","symbol_name":"电气部件与设备","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2624746544","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2624746544","pubTimestamp":1775078580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Westwater Resources said that car battery company SK On terminated the graphite supply agreement between the two companies.Through the deal, formed in February 2024, SK On had agreed to buy a portion of the production capacity at Westwater's Kellyton graphite plant, currently under construction.\"SK On's decision reflects the challenging and evolving environment our customers are navigating,\" said Westwater Chief Executive Frank Bakker. \"While market conditions and tariffs remain dynamic, our continued focus is on executing and advancing our projects.\". 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Miller \n\n\n \n\n\n  Westwater Resources said that car battery company SK On terminated the graphite supply agreement between the two companies. \n\n\n  Through the deal, formed in February 2024, SK On had agreed to buy a portion of the production capacity at Westwater's Kellyton graphite plant, currently under construction. \n\n\n  \"SK On's decision reflects the challenging and evolving environment our customers are navigating,\" said Westwater Chief Executive Frank Bakker. \"While market conditions and tariffs remain dynamic, our continued focus is on executing and advancing our projects.\" \n\n\n  SK On has indicated a willingness to consider future agreements, Westwater said. \n\n\n  \"We continue to progress construction at Kellyton and believe we are well positioned to support the domestic production of battery-grade graphite,\" Bakker said. The company expects initial production of battery-grade graphite within 12 months of securing the remaining project financing. \n\n\n \n\n\n  Write to Nicholas G. 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