SLX silex systems limited

Ann: GLE and Dominion Energy sign Letter of Intent, page-3

  1. 20,536 Posts.
    lightbulb Created with Sketch. 1833
    Today and also on previous occasions Silex they keep talking about new conversion capabilities? the tails material at Paducah is already at UF6, isn't it?

    I reckon they are really talking about new "de-conversion" capabilities, I also believe they will be taking over the contract from Atkins, Westinghouse and Fluor somehow!

    Perhaps Westinghouse at some later point could build a fuel fabrication plant at Paducah, for some future HALEU fuels?
    This would place all of the front end requirements for fuel fabrication of HALEU fuels in one lacation?


    https://www.energyintel.com › download

    18 Nov 2022 — The International Atomic Energy Agency (IAEA) Board of Governors passed on ... Department of Energy (DOE) deconversion plants in Paducah,
    Currently the DOE’s deconversion work is being carried out by Mid-America Conversion Services, a joint venture of Atkins, Westinghouse and Fluor that is contracted to operate the decon-version plants from 2017 through March 2023. In May the DOE tendered for a new deconversion contractor to take over the work through 2028, and possibly through 2033, for a cost-plus contract valued at $2.9 billion over 10 years.

    From today's announcement-:

    Michael Goldsworthy, Silex’s CEO/Managing Director said:
    “We are very pleased with the signing of a third LOI with a major US nuclear utility, this one
    between GLE and Dominion Energy - following on from similar LOIs signed with Constellation
    Energy Generation and Duke Energy in mid-2022. This is another important step in advancing
    GLE’s strategy to commercialise the SILEX technology in the US and to provide additional
    diversification in the supply of nuclear fuel, including domestic production of natural uranium
    from legacy depleted tails owned by the Department of Energy, along with new conversion
    and enrichment capabilities.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$4.80
Change
0.040(0.84%)
Mkt cap ! $1.142B
Open High Low Value Volume
$4.85 $4.85 $4.64 $2.617M 548.5K

Buyers (Bids)

No. Vol. Price($)
1 110 $4.77
 

Sellers (Offers)

Price($) Vol. No.
$4.80 1955 1
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
SLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.