#Silex just announced testing is complete and they will ship the First Full-Scale Laser System Module to the US by years end. They are building more of these lasers and Cameco's independent engineering assessment gives it a thumbs up! #uranium $SLX.AX ...
These lasers were custom designed for the frequency and pulse rates required to pop fluorine atoms off of UF6 molecules of the U235 isotope. Process is 2-20X more efficient than gas centrifuges, so it's ideal for harvesting acres of depleted tails at ...
decommissioned enrichment plants that the US needs to recycle. This should motivate more utilities to get on board the GLE/PLEF consortium bandwagon and Cameco's shares will benefit too.
The acceleration continues! Congrats Silex!
Here's the fastest way to get up to speed on the GLE/PLEF business case and why Silex is the best performing #uranium stock, by far.
I'm particularly excited about GLE's PLEF project because this will ease the looming nuclear fuel shortage and really move the US #nuclear industry into the future, even without much help from the DoE or Congress. It's the solution that nuclear utilities can self-fund ...
through a new consortium, unlike #Centrus. So, while our politicians waste hundreds of $Billions on wind/solar/batteries/hydrogen, and give only $0.7B for nuclear fuels in the IRA, PLEF will be built ANYWAY. The anti-nukes can't stop this.
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1) A diagram to illustrate the huge transition occurring in the #uranium industry.
The lemonade business (fuel enrichment) used to be so bad that they were squeezing every lemon extra long and hard (underfeeding) to get every possible drop (of U235)...
2) But now, no one wants to use Russia's juicers (centrifuges) anymore and we don't have enough (SWU/enrichment capacity) in the West. So, to maintain the same production rate of lemonade (LEU), the lemons will be squeezed faster (overfeeding)...
3) But, this requires more lemons (U308) because more juice is left in the lemons (higher tails assays).
Look at how much the switch from underfeeding to overfeeding increases uranium demand while also producing more depleted UF6 feedstock for the Silex/GLE PLEF project ...
Dr. Kathryn Huff (@katyhuff), the DoE's Assistant Secretary for Nuclear Energy was just added (tentatively) to speak at the @NEI Nuclear Fuel Forum in DC on July 19. Seems like a good venue to make a big announcement on the DoE's new #nuclear fuel ...
plan, which Dr. Huff has been leading for several months now.
I'm flabbergasted that this plan has received so little attention from most #energy analysts and Congress, considering months of hints from the DoE and leaks via Bloomberg about the size ($4.3 Billion) of the plan ...
and the recent failure of a Canadian ship to make a large delivery of nuclear fuel to US utilities, and their critical dependency on Russian imports for at least 40% of enriched nuclear fuel. The plan is at least 3 months late due to multiple delays that are likely to cause ...