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Company News

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% […]