Westwater Resources Supports Office of the United States Trade Representative Decision to Implement Section 301 Tariffs on Natural Graphite
Westwater Resources (NYSE: WWR) supports the USTR's decision to implement Section 301 tariffs on natural graphite imports from China. The new 25% tariff, effective in 2026, will apply to three new natural graphite products, expanding on existing tariffs for certain graphite forms. This decision is seen as critical for driving demand for U.S.-produced anode materials.
Jon Jacobs, Westwater's CCO, emphasized the importance of these tariffs in accelerating demand for domestically produced natural graphite. Westwater has made significant progress in constructing its U.S. natural graphite processing plant and has secured offtake deals for all planned CSPG and Fines production from the initial phase of the Kellyton graphite plant through 2031.
Westwater Resources (NYSE: WWR) sostiene la decisione dell'USTR di implementare tariffe Sezione 301 sulle importazioni di grafite naturale dalla Cina. La nuova tariffa del 25%, in vigore dal 2026, si applicherà a tre nuovi prodotti di grafite naturale, ampliando le tariffe esistenti per alcune forme di grafite. Questa decisione è vista come cruciale per stimolare la domanda di materiali anodo prodotti negli Stati Uniti.
Jon Jacobs, CCO di Westwater, ha sottolineato l'importanza di queste tariffe per accelerare la domanda di grafite naturale prodotta a livello nazionale. Westwater ha fatto significativi progressi nella costruzione del suo impianto di lavorazione di grafite naturale negli Stati Uniti e ha garantito accordi di acquisto per tutta la produzione pianificata di CSPG e Fines dalla fase iniziale dell'impianto di grafite di Kellyton fino al 2031.
Westwater Resources (NYSE: WWR) apoya la decisión de la USTR de implementar tarifas de la Sección 301 sobre las importaciones de grafito natural desde China. La nueva tarifa del 25%, que entrará en vigor en 2026, se aplicará a tres nuevos productos de grafito natural, ampliando las tarifas existentes para ciertas formas de grafito. Esta decisión se considera crítica para impulsar la demanda de materiales de ánodo producidos en EE. UU..
Jon Jacobs, CCO de Westwater, enfatizó la importancia de estas tarifas para acelerar la demanda de grafito natural producido a nivel nacional. Westwater ha avanzado significativamente en la construcción de su planta de procesamiento de grafito natural en EE. UU. y ha asegurado acuerdos de compra para toda la producción planificada de CSPG y Fines de la fase inicial de la planta de grafito de Kellyton hasta 2031.
Westwater Resources (NYSE: WWR)는 중국산 천연 흑연 수입에 대해 섹션 301 관세를 시행하기로 한 USTR의 결정을 지지합니다. 2026년부터 적용되는 25%의 새로운 관세는 세 가지 새로운 천연 흑연 제품에 적용되며, 특정 흑연 형태에 대한 기존 관세를 확대합니다. 이 결정은 미국에서 생산된 음극 재료에 대한 수요를 증가시키는 데 중요하다고 여겨집니다.
Westwater의 CCO인 Jon Jacobs는 국내에서 생산된 천연 흑연에 대한 수요를 가속화하는 데 있어 이러한 관세의 중요성을 강조했습니다. Westwater는 미국 내 천연 흑연 가공 공장 건설에서 상당한 진전을 이루었으며, 2031년까지 켈리턴 흑연 공장의 초기 단계에서 계획된 모든 CSPG 및 Fines 생산에 대한 매출 계약을 확보했습니다.
Westwater Resources (NYSE: WWR) soutient la décision de l'USTR d'appliquer les tarifs de la section 301 sur les importations de graphite naturel en provenance de Chine. Le nouveau tarif de 25 %, qui sera en vigueur en 2026, s'appliquera à trois nouveaux produits en graphite naturel, élargissant les tarifs existants sur certaines formes de graphite. Cette décision est considérée comme cruciale pour stimuler la demande de matériaux d'anode produits aux États-Unis.
Jon Jacobs, CCO de Westwater, a souligné l'importance de ces tarifs pour accélérer la demande de graphite naturel produit au niveau national. Westwater a fait des progrès significatifs dans la construction de son usine de traitement de graphite naturel aux États-Unis et a sécurisé des contrats d'approvisionnement pour toute la production prévue de CSPG et de Fines de la phase initiale de l'usine de graphite de Kellyton jusqu'en 2031.
Westwater Resources (NYSE: WWR) unterstützt die Entscheidung des USTR, Section 301-Zölle auf Importe von natürlichem Grafit aus China zu erheben. Der neue Zoll von 25%, der ab 2026 gilt, wird auf drei neue natürliche Grafitprodukte angewendet und erweitert die bestehenden Zölle für bestimmte Grafitformen. Diese Entscheidung wird als entscheidend für die Steigerung der Nachfrage nach in den USA produzierten Anodenmaterialien angesehen.
Jon Jacobs, CCO von Westwater, betonte die Bedeutung dieser Zölle für die Beschleunigung der Nachfrage nach im Inland produzierten natürlichem Grafit. Westwater hat erhebliche Fortschritte beim Bau seiner US-Grafitverarbeitungsanlage gemacht und hat Abnahmeverträge für die gesamte geplante Produktion von CSPG und Fines von der ersten Phase der Grafitfabrik in Kellyton bis 2031 gesichert.
- Implementation of 25% tariff on Chinese natural graphite imports, potentially boosting demand for U.S.-produced graphite
- Secured offtake deals for all planned CSPG and Fines production through 2031
- Progress in constructing U.S. natural graphite processing plant
- None.
Insights
The USTR's decision to implement a 25% tariff on natural graphite imports from China is a significant development for Westwater Resources. This move could potentially enhance WWR's competitive position in the domestic market. The tariffs, set to take effect in 2026, align well with Westwater's ongoing construction of its U.S. natural graphite processing plant.
The Section 301 tariffs on Chinese natural graphite imports represent a strategic shift in the U.S. battery materials supply chain. This move is likely to accelerate demand for domestically produced natural graphite, potentially benefiting companies like Westwater Resources. The lithium-ion battery market is experiencing rapid growth, driven by electric vehicle adoption and renewable energy storage. With China currently dominating the graphite supply chain, these tariffs could create a more level playing field for U.S. producers. However, it's important to monitor potential retaliatory measures from China and the overall impact on global trade dynamics, which could affect the broader market landscape.
The implementation of tariffs on natural graphite imports from China could have far-reaching implications for the U.S. battery technology sector. Natural graphite is a critical component in lithium-ion battery anodes, essential for electric vehicles and energy storage systems. By incentivizing domestic production, these tariffs may accelerate innovation in U.S. graphite processing techniques and potentially lead to advancements in battery technology. However, there's a risk that increased costs could initially slow down the adoption of electric vehicles and renewable energy storage solutions. The success of companies like Westwater Resources in efficiently scaling up production will be important in determining whether these tariffs ultimately benefit or hinder the U.S. tech industry's competitiveness in the global market.
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Modified Section 301 tariffs will implement a new
25% tariff on natural graphite imports fromChina . -
Section 301 tariffs play a critical role in driving demand for
U.S. -produced anode materials.
Pursuant to the terms of Section 301, three new natural graphite products from
Jon Jacobs, Westwater’s Chief Commercial Officer, commented, “Westwater has built great momentum in constructing its
A link to the S&P Global story can be found here: US to go ahead with modified Section 301 tariffs on Chinese steel, aluminum, critical minerals | S&P Global Commodity Insights (spglobal.com).
About Westwater Resources, Inc.
Westwater Resources is an energy technology company that is focused on developing battery-grade natural graphite. Westwater Resources’ primary project is the Kellyton Graphite Processing Plant that is under construction in east-central
Cautionary Statement Regarding Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as “believes,” “accelerating,” “planned,” “momentum,” and other similar words. Forward-looking statements in this release include, among other things, statements concerning: Westwater’s future sales of CSPG and Fines products to customers, including the amounts, timing, and types of products included within those sales; the planned annual production from Phase I of Kellyton Graphite Plan; and future demand of domestic graphite products. Westwater cautions that there are certain factors that could cause actual results to differ materially from the forward-looking information that has been provided. The reader is cautioned not to put undue reliance on this forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of Westwater; accordingly, there can be no assurance that such suggested results will be realized. Additional risks facing Westwater‘s future prospects are discussed in the Westwater Resources, Inc. Annual Report on Form 10-K for the year ended December 31, 2023, and subsequent securities filings.
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Source: Westwater Resources, Inc.
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