Westwater Resources (WWR) shares jumped 87.7% on Friday, August 7, 2026. The U.S. Export-Import (EXIM) Bank approved a $25 million loan for the company.
Westwater will use the capital for its graphite processing plant in Kellyton, Alabama. This facility is positioned to be the first domestic source of natural graphite for batteries.
The funding is part of a $58 million U.S. government initiative supporting three critical mineral companies. This program aims to strengthen domestic supply chains and reduce reliance on foreign sources. Officials announced the loan during a White House roundtable focused on national security and manufacturing.