Comments by "Valen Ron" (@valenrn8657) on "China in Focus - NTD"
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@Nathan-ry3yu A reminder for CCP, Australia has a very large supply of uranium.
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From June 2020, Australian company Silex Systems (HQ in Sydney) has signed an agreement with the US Department of Energy (DOE) to allow it to process stockpiles of depleted nuclear fuels as part of its Paduach Project in Kentucky, USA.
The Silex project involves the construction by GLE, a venture owned 51 percent by Silex and 49 percent by Cameco, of the Paducah Laser Enrichment Facility to process depleted uranium over a period of several decades.
Production would begin in the late 2020s of around 2,000 tonnes of natural uranium hexafluoride per annum, the equivalent of a mine producing 5.2 million pounds of uranum oxide.
This already enriched uranium would immediately give GLE capabilities in uranium production, as a uranium conversion supplier and enriched uranium supplier – three of the four production steps of the nuclear fuel cycle.
Silex was formerly developing the project in association with GE and Hitachi, who exited the project allowing Cameco, one of the world’s largest listed uranium companies, to increase its holding.
Silex is based at Lucas Heights in New South Wales, the site of Australia’s only nuclear reactor, and works closely with the Australian Nuclear Science and Technology Organisation (ANSTO).
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