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SILEX Systems and Canadian uranium producer Cameco have teamed up to buy GE-Hitachi Nuclear Energy’s 76% interest in technology licensee Global Laser Enrichment, the exclusive licensee for Silex’s laser uranium enrichment technology.
Silex and Cameco to take control of GLE
While the deal is subject to US government approval, once cleared it will leave Silex with a 51% interest in GLE and Cameco a 49% interest.
The SILEX process uses highly selective laser excitation to enrich uranium.
