Westwater Resources Reports Narrowing Net Loss and Debt Elimination in Q3 2026
Westwater Resources (WWR) reported its third-quarter 2026 financial results, highlighted by a significant reduction in net loss to $4.4 million, compared to $9.8 million in the prior year period. A key driver of this improvement was the successful redemption of all outstanding convertible notes, leaving the company with zero debt as of the end of the quarter. The company is focused on advancing its vertically integrated graphite supply chain in Alabama, specifically the Kellyton processing plant and Coosa mine. While Phase 1 capital costs for Kellyton are projected at $245 million, Westwater has secured a $25 million EXIM direct loan and established a $50 million equity line of credit with Lincoln Park to support ongoing development and liquidity.