EXIM Approval of an Approximately $25 Million Direct Loan to Westwater Resources for the Kellyton Graphite Plant (August 2026)
The Export-Import Bank of the United States announced on 7 August 2026 that it is directing a $25 million loan to Westwater Resources in Alabama for graphite. Westwater's Form 10-Q for the quarter ended 30 June 2026 states the approval came under EXIM's Make More in America Initiative and that closing remains subject to preparation, agreement and execution of definitive loan documentation and satisfaction of customary closing conditions, with no assurance the company will ultimately enter into a direct loan with EXIM. The record therefore stops at conditional commitment.
Financial state: Conditional commitment
Program: EXIM Make More in America Initiative · Export-Import Bank of the United States
Primary source: Export-Import Bank of the United States · published Aug 7, 2026
Terms
| Principal | $25M (approximately $25 million direct loan approved by EXIM as disclosed by Westwater Resources; an approval amount, not a closed or drawn loan) |
|---|
Immutable financial events
- Aug 7, 2026 · Conditional commitment
Sources
- Export-Import Bank of the United States · published Aug 7, 2026 · retrieved Aug 13, 2026 · archive unavailable: Wayback verification blocked by archive.org outage on 2026-08-12; recheck on a weekly pass
- Westwater Resources, Inc. (SEC Form 10-Q for the quarter ended June 30, 2026) · published Aug 10, 2026 · retrieved Aug 13, 2026 · archive unavailable: Wayback verification blocked by archive.org outage on 2026-08-12; recheck on a weekly pass