Long-Term Supply Agreement between SGL Carbon and X-energy

X-energy Reactor Company, LLC and SGL Carbon LLC have signed a 10-year framework agreement to provide graphite for the deployment of X-energy’s Xe-100 small modular reactor (“SMR”). SGL has been awarded an initial three-year contract valued at around 100 mUSD to supply medium grain-graphite supply for X-energy’s first commercial project, a proposed four-unit Xe-100 plant in partnership with Dow, Inc. in Seadrift, Texas. Graphite production on graphite reactor components has started, and SGL will supply components within three years for a total value of around 100 mUSD. X-energy and SGL have also signed an agreement to reserve capacity and develop production readiness for the Cascade Advanced Energy Facility with Energy Northwest in Washington state. Cascade is a planned 12-unit Xe-100 plant, and the first of several proposed Amazon and X-energy projects targeting at least five gigawatts of new nuclear energy by 2039. Graphite production is expected to begin in the second half of 2026. To identify growth opportunities in Specialty Graphite Market Report: Trends, Forecast and Competitive Analysis to 2031, please visit https://www.lucintel.com/specialty-graphite-market.aspx