Terence Cryan Executive Chairman
an - WWR
1 | westwaterresources.net | NYSE: Americ
Terence.Cryan@wwr.net
NYSE American: WWR
America's Source for Battery-Ready Graphite Positioned to become the 1st US-based producer of battery-grade
natural graphite
Strategically located in the U.S. Battery Corridor, near major EV and battery hubs
Corporate Headquarters Centennial, Colorado, USA
Coosa Graphite
Deposit Coosa County, Alabama USA
Kellyton Graphite Plant
Kellyton, Alabama, USA
NYSE American: WWR
Corporate Presentation
January 2026 3
Graphite is a Critical Mineral Used in Multiple Battery Applications
Lithium 4% Natural Graphite Demand Drivers
Manganese 8%
Cobalt 8%
Graphite Anode
Electric Vehicles National Defense Energy Storage
Nickel 30%
~50%
Global EV sales projected to 4x by 2040, increasing from ~20M in 2025 to 80M in 2040
Natural graphite identified for
~49M kg National Defense Stockpile
Global battery energy storage of
~205 GWh hit new highs in 2024, demanding ~1.2kg of graphite per
Lithium-Ion Battery Composition by Volume
KWh
4
NYSE American: WWR Corporate Presentation January 2026 4
Optimal Timing for U.S. - Based, Battery-Grade Natural Graphite Production
Natural Graphite Critical Mineral Refining in 20301
USA Other
7% 7%
Global Graphite Supply C Demand (Mt)2
Supply Demand
16.0
Indonesia 6%
10.4
Canada
5%
South Korea 4%
China 71%
3.9
4.6
3.8 4.3
9.1
13.5
Source: 1 Visual Capitalist. "China Still Dominates Critical Mineral Refining in 2030". Published 23 December 2025.
2 International Energy Agency. Global Critical Minerals Outlook 2024.
2021 2023 2030 2040
NYSE American: WWR Corporate Presentation January 2026 5
Westwater Resources Value Proposition
6
NYSE American: WWR Corporate Presentation January 2026 6
Domestic, First-
Mover
Advantage
Strategically
Located
De-Risked through
Phased Development
Right Timing
Sustainable
Process &
Approach
Vertical Integration that Delivers: Strong Economics at Coosa and Kellyton
Mining Processing End Product
Coosa Graphite Mine
30 Miles
Kellyton Processing Plant Battery-Grade Natural Graphite
Mining and flotation of natural graphite
Milling, sizing, shaping and purification produces coated spherical purified graphite (CSPG)
Battery-grade CSPG used in lithium-ion battery anodes
7
NYSE American: WWR Corporate Presentation January 2026 7
Kellyton Graphite Processing Plant Offers Domestic Refining Capabilities
Under construction with more than 50% of $245 million capital cost invested to date
Phase 1 optimization underway of currently expected 12,500mtpa battery-grade natural graphite; Phase 2 will increase planned capacity to a total of 50,000 mtpa
Phase 1 capacity nearly completely sold out by two offtake agreements
Qualification line capacity of ~1Mt for customers
Westwater's patented purification process has produced quality project samples which has led to our offtake contract success
NYSE American: WWR
Corporate Presentation
January 2026 8
Coosa Deposit Permitting Underway with 2026 Drilling Planned
Largest graphite deposit in the contiguous United States located in the graphite belt, 30 miles from Kellyton Processing Plant
~42,000 acres of mineral rights; 234 drill holes completed to date, representing less than 10% of the acreage
Exploration to date yields 2.3Mst of natural graphite at an average grade of 3.21%
2023 Initial Assessment indicates a 22-year mine life producing 99,000 st/yr of flotation concentrate grading 95% Cg
Feedstock supply agreement in place with non-Chinese supplier until Coosa operational
NYSE American: WWR
Corporate Presentation
January 2026 9
Key Priorities to Advance Coosa in 2026
Environmental Studies
Permits
Drilling
Necessary wildlife and environmental studies underway to support our permit applications
Westwater to file two key permits needed for the Coosa mine in 2026
Additional drilling planned for 2026; at 42,000 acres, existing 234 drill holes cover less than 10% of the mineral rights acreage
10
NYSE American: WWR Corporate Presentation January 2026 10
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Westwater Resources Inc. published this content on January 29, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on January 29, 2026 at 13:05 UTC.
