Westwater Resources Supports ITC Preliminary Determination on China’s Graphite Exports
A Step Towards Reviving the U.S. Graphite Industry
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.
China has long been a dominant player in the global graphite market, with its exports flooding international markets and driving down prices. This has made it challenging for domestic producers in the U.S. to compete and establish a viable graphite industry.
The preliminary determination by the ITC is a significant step towards addressing this issue and creating a level playing field for U.S. producers. By recognizing the impact of China’s exports on the domestic industry, the ITC paves the way for potential trade remedies that could protect and support American graphite producers.
Westwater Resources’ support for the ITC’s determination reflects its commitment to advancing the U.S. graphite industry and promoting energy technology solutions. As a company focused on producing battery-grade natural graphite, Westwater stands to benefit from a more favorable market environment that supports domestic production and innovation.
How This Will Impact Me
As a consumer, the ITC’s determination could lead to increased availability of domestically produced graphite products, including those used in batteries and energy storage technologies. This could potentially result in more competitive prices and higher quality products in the market.
How This Will Impact the World
The ITC’s decision to address China’s graphite exports has the potential to shake up the global graphite market. By creating a more balanced playing field, other countries may also benefit from increased opportunities for domestic graphite production and reduced dependence on Chinese imports.
Conclusion
The ITC’s preliminary determination on China’s graphite exports marks a significant development in the effort to revive the U.S. graphite industry. With Westwater Resources and other American producers supporting this move, the future looks promising for a more competitive and innovative domestic graphite market.