USEC ends funding of research on SILEX enrichment process and focuses on centrifuge technology
On April 30, 2003, USEC Inc. announced that it is ending its funding for research and development of the SILEX laser-based uranium enrichment process. USEC has been funding R&D on the SILEX process since 1996, when the Company signed an agreement with Silex Systems Limited in Australia. USEC will now focus all of its advanced technology resources on the demonstration and deployment of USEC’s American Centrifuge uranium enrichment technology. (USEC April 30, 2003)
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