Westwater Resources Supports ITC Preliminary Determination on Chinese Graphite
CENTENNIAL, Colo.–(BUSINESS WIRE)–Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite company (“Westwater” or the “Company”), supports the preliminary determination of the U.S. International Trade Commission (“ITC”) that China’s exports of graphite have materially impeded the establishment of a U.S. domestic graphite industry.
The American Active Anode Materials Producers (“AAAMP”) filed a trade case with the U.S. government in December 2024 seeking tariffs as high as 920% on imports of natural and synthetic graphite from China for use in producing lithium-ion batteries. The ITC issued a preliminary determination on January 31, 2025, which is in agreement with the AAAMP claim based on the U.S. Department of Commerce’s own calculation of graphite dumping margins up to 915%.
Jon Jacobs, Westwater’s Chief Commercial Officer, commented,
This quantitative validation and rapid acknowledgement by the U.S. government that China-subsidized graphite is impeding the establishment of a U.S.
“Industry is a huge win for U.S. producers of natural graphite anode material like Westwater. We expect this announcement to have an immediately positive effect on our off-take interest.”
With this preliminary determination by the ITC, the case will now proceed for further review. An additional update is expected from the Department of Commerce and ITC in March, followed by a preliminary determination to be announced on May 27th as to whether graphite is being sold at less than fair value.
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Westwater Resources Supports ITC Preliminary Determination on Chinese Graphite, source
