SLX 0.26% $3.89 silex systems limited

This article is interesting but it does seem the author doesn't...

  1. 402 Posts.
    lightbulb Created with Sketch. 99

    This article is interesting but it does seem the author doesn't know that its a little Australia company doing a bit of the sharing of critical tecnology. I might have to tell them!

    Here are some extracts:

    Australia’s key role in ‘unprecedented’ nuclear power move

    https://www.news.com.au/finance/business/mining/australias-key-role-in-unprecedented-nuclear-power-move/news-story/16c9ef6cd4c80b56bd3bc2db6e73b7aa

    Australia is well positioned to play a key role in an emerging international power struggle. But it would require a very “controversial” move.

    Australia’s exports to the US more than doubled last year. However, most of America’s shortfall from the new Russian ban will be made up by Canada, the world’s second-largest supplier of raw uranium.Australia is in a position to produce much more.


    And then there’s the need to refine and purify it.


    “The US already has partnerships with Australia and a group of European countries for uranium enrichment facilities on US territory,” nuclear energy experts Newell Highsmith and Toby Dalton write in the Brookings Institution think-tank’s Lawfare publication.

    “Critically, friend-shoring also could involve transfers of enrichment technology or equipment to partner countries for use on their territories.”

    “Uranium enrichment friend-shoring would be unprecedented and controversial,” the Lawfare authors argue.

    “Pursuing enrichment co-operation on foreign territory with countries that currently lack that capability would be a departure from longstanding US policy.”

    And any moves to share centrifuge technology with the likes of Australia and Canada would set a dangerous precedent.

    “Russia and China might not impose the same constraints on such co-operation, and they might be more inclined to co-operate with countries that posed a significant risk of diversion of the transferred enrichment capability to nuclear weapons production,” they warn.



 
watchlist Created with Sketch. Add SLX (ASX) to my watchlist
(20min delay)
Last
$3.89
Change
-0.010(0.26%)
Mkt cap ! $921.4M
Open High Low Value Volume
$3.91 $3.94 $3.80 $4.921M 1.265M

Buyers (Bids)

No. Vol. Price($)
12 36946 $3.89
 

Sellers (Offers)

Price($) Vol. No.
$3.92 315 1
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
SLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.