Westwater Resources, Inc. · AMEX:WWR
Westwater Resources — Investor Presentation (September 2022)
18 slides from Westwater Resources's investor presentation, Sep 14, 2022
Slide 1: Energy Materials for the 21st Century
ENERGY MATERIALS FOR THE 21ST CENTURY TERENCE CRYAN – EXECUTIVE CHAIRMAN STEVE CATES – CHIEF FINANCIAL OFFICER SEPTEMBER 14, 2022 1
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements convey our current expectations or forecasts of future events. F
Slide 3: Why Westwater as an Investment?
WHY WESTWATER AS AN INVESTMENT? We are an energy technology company focused on producing battery-grade natural graphite materials for advanced batteries here in the United States, using our patent pending proprietary purification process. Our Kellyton graphite processing plant (Phase I DFS - $202M)
Slide 4: Battery Markets Are Growing – Graphite Is a Critical Component
BATTERY MARKETS ARE GROWING – GRAPHITE IS A CRITICAL COMPONENT • 24% CAGR expected over next 8 years • Predominantly Lithium-ion batteries Transportation • US Government and Automakers announced a goal of 50% of all autos sold will be Electric Vehicle by 2050 • 19% CAGR expected over the next 8 year
Slide 5: Graphite Anode Consumption in LIB Cell
GRAPHITE ANODE CONSUMPTION IN LIB CELL Lithium; 4% Manganese; 8% Cobalt; 8% Graphite; 50% Nickel; 30% A typical Electric Vehicle with 80 Kwh battery pack contains approximately 175 – 210 lbs of anode graphite 5
Slide 6: Where We Play in the Value Chain
WHERE WE PLAY IN THE VALUE CHAIN Graphite Purification / Concentrate Shaping / Coating LiB Cell / Electric Feedstock Mining Battery Vehicle Currently Under Start-up in 2028 Construction Pack Production Production § We’re a Graphite Anode company directly serving lithium-ion battery (LiB) in electric
Slide 7: Value Creation from Processing Natural Flake Graphite
VALUE CREATION FROM PROCESSING NATURAL FLAKE GRAPHITE USD/ton 12000 10000 Graphite Anode (CSPG) 8000 6000 4000 Uncoated Spherical Graphite 2000 0 Graphite Concentrate Feedstock 2019 2020 2021 2022 Flake (96 - 97%), +80 Mesh Uncoated Spherical Graphite Coated Spherical Graphite (Graphite Anode) Sourc
Slide 8: Natural Graphite Anode Market & Supply Chain Projected Imbalance
NATURAL GRAPHITE ANODE MARKET & SUPPLY CHAIN PROJECTED IMBALANCE • Natural graphite anode supply shortage projected • Poses major supply security concerns particularly for the U.S. SOURCE: BENCHMARK MINERAL INTELLIGENCE 8
Slide 9: Graphite Considered a Critical Mineral by U.S. Government
GRAPHITE CONSIDERED A CRITICAL MINERAL BY U.S. GOVERNMENT • The U.S. Government has defined graphite as critical to the nation’s security and prosperity and the White House has invoked the Defense Production Act* • The Department of Energy Funding Opportunity Announcement (DE-FOA-0002678) allocates
Slide 10: Business Plan for the Kellyton Graphite Processing Plant - Overview
BUSINESS PLAN FOR THE KELLYTON GRAPHITE PROCESSING PLANT - OVERVIEW Phase I construction has begun. Targeting to begin commissioning by the end of Q2 2023. • Expected purified graphite production of 7500 metric tons per year. • In April, we completed the build out of our administrative offices at th
Slide 11: The Coosa Graphite Deposit Provides Key Advantages
THE COOSA GRAPHITE DEPOSIT PROVIDES KEY ADVANTAGES The Coosa graphite deposit is a source of domestic U.S. natural flake graphite • Exploration drilling to further define the deposit is complete (geological model expected in 2022). • Westwater’s vanadium discovery at its Coosa Graphite Deposit could
Slide 12: Ensuring the Health and Growth of Our Business
WESTWATER – ENSURING THE HEALTH AND GROWTH OF OUR BUSINESS We continue to advance our battery-grade graphite business: • As of June 30, 2022, we have incurred $30 million of the $202 million estimated costs to construct Phase I of the Kellyton graphite processing plant. • We incurred exploration exp
Slide 13: Stock & Financial Snapshot
STOCK & FINANCIAL SNAPSHOT Shares outstanding 1 47.2 million Share Price1 $1.36 Liquidity (3 Mo. 0.6 million shs/day 52 Wk Hi-Low1 $4.43 - $1.00 Avg.)1 Market Options/RSUs 2 1,635,818 $64.2 million Capitalization3 Cash and Equivalents $109.0 million Debt $0 (06/30/2022) 1 As of August 9, 2022. 2 Opt
Slide 14: Financial Summary
FINANCIAL SUMMARY Six Months Ended Six Months Ended ($ in 000, Except for Per Share and Share Amounts) Variance June 30, 2022 June 30, 2021 Net Cash Used in Operations $(5,911) $(9,133) (35%) Net Cash (Used in)/Provided by Investing Activities $(24,853) $233 n/m Net Cash Provided by Financing Activi
Slide 15: Our Team Going Forward: Tenured Leadership
OUR TEAM GOING FORWARD: TENURED LEADERSHIP Terence J. Cryan • Joined WWR as Chairman in 2017 Executive Chairman • An experienced CEO; Extensive public company board experience • 20+ year career in investment banking and private equity • MSc. Econ. London School of Economics Chad M. Potter • Joined i
Slide 16: WWR's Commitment to Safety & ESG
WWR’S COMMITMENT TO SAFETY & ESG - Each Other - Our Environment - Our Assets - Social Compact in the Communities Where We Work - Our Reputation - Manufacturing practices are environmentally superior to a majority of existing CSPG manufacturing processes in the world Environmental Stewardship - Paten
Slide 17: Questions?
.7 WESTWATER R — Ss OU RCE S QUESTIONS?
Slide 18: Contact Us
ENERGY MATERIALS FOR THE TWENTY-FIRST CENTURY Contact Us Westwater Resources Contacts: Investor Relations Contact: Terence J. Cryan, Executive Chairman Michael Porter Steven M. Cates, CFO & VP-finance Phone: 212.564.4700 Email: [email protected] Email: [email protected] 18
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