03:26 PM EST, 11/10/2025 (MT Newswires) -- Westwater Resources ( WWR ) shares were down over 12% in recent trading Monday after it announced late Friday that it paused debt syndication after Stellantis ( STLA ) subsidiary terminated its offtake agreement.

Stellantis ( STLA ) was one of three companies, including SK On and Hiller Carbon, with existing offtake deals with Westwater, according to a statement.

The company said it will optimize Phase I of the Kellyton plant to meet existing offtake commitments with SK On and Hiller Carbon, reducing total capital needs and accelerating its path to production. An update is expected in early 2026, the company added.

Westwater has raised about $55 million since mid-2025 through equity and convertible note offerings since June-end and held roughly $53 million in cash as of Nov. 5.

Price: 1.08, Change: -0.15, Percent Change: -12.20