Break it Down: Silex Systems uranium tech in the draw for US billions

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.

In this episode, host Sarah Hughan unfurls the Silex Systems (ASX:SLX) selection as a uranium enrichment awardee  by the US Department of Energy under a program which provides a maximum aggregate value of US$3.4b.

The United States is aiming to build its domestic enrichment capacity after Russia’s invasion of Ukraine, with deadlines now set for utilities to find alternative sources of supply by 2028.

Tune in to get the latest.