The Committee on Foreign Investment in the United States (CFIUS) reviews ownership and acquisition of strategic assets to assess national security risks, and I doubt the Silex/Cameco partnership had or would raise too many concerns. Having said that, I am pretty sure any spinoff would involve a US owned entity, solidly backed by defence contracts and with the option to increase its stake.
For Silex, the perpetual cash flow stream from the licensed technology, and completion and testing of GLE’s facility in Wilmington, may prove to be a more attractive option than remaining an active partner in the business. So the timing of any change may be closer than many anticipate. As the dominant player in the company, my guess is Michael Goldsworthy will want to focus on commercial production of the Silicon business in Australia.
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