Silex Systems Ltd
Silex Systems Secures $28M US DOE Funding for Laser Enrichment Tech, Eyes 10% US Reactor Supply
Silex Systems (ASX: SLX) has secured up to $28 million USD from the US Department of Energy (DOE) for its laser enrichment technology, bolstering its path towards domestic uranium production.
Silex Systems closer to majority ownership of Global Laser Enrichment after amended US Department of Energy deal
Silex Systems (ASX: SLX) is a step closer to concluding an arrangement made last year with Cameco Corporation to buy-out GE-Hitachi Nuclear Energy’s stake in Global Laser Enrichment after a 2016 sales agreement between Global Laser Enrichment and the US Department of Energy was amended to reflect the prevailing nuclear fuel market conditions. Global Laser […]
Silex inks deal to buy GE-Hitachi’s stake in uranium technology company
Technology firm Silex Systems (ASX: SLX) and Canadian uranium producer Cameco Corporation have signed a binding agreement to buy GE-Hitachi Nuclear Energy’s stake in uranium technology company Global Laser Enrichment (GLE). Today’s news follows an announcement made back in February 2019 that a term sheet had been signed between the parties. Under the binding deal, […]
Silex Systems and Cameco ink uranium technology term sheet with GE-Hitachi
Technology firm Silex Systems (ASX: SLX) and Canadian uranium miner Cameco Corporation have signed a term sheet for the joint purchase of GE Hitachi Nuclear Energy’s stake in Global Laser Enrichment (GLE). Under the term sheet, the parties will purchase GE Hitachi’s (GEH’s) 76% interest in GLE, which would result in Silex acquiring a 51% […]