GE to license, develop Silex's uranium enrichment technology

Washington (Platts)--22May2006

GE Energy and Silex Systems have signed an agreement giving GE the right to
license and develop the Australian company's uranium enrichment technology,
the two companies announced today. According to a press release issued today,
the agreement "represents an expansion by GE into the global uranium
enrichment sector." The release said work on Silex -- separation of isotopes
by laser excitation -- would take place at GE's Wilmington, North Carolina
site and would proceed in phases, from development through "potential
construction" of a test loop, a pilot plant, and a full-scale enrichment
plant. USEC had funded the Silex project for several years, but then decided
to stop and concentrate on developing its own gas centrifuge enrichment
technology.

 

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