Latest Uranium Enrichment News

Silex Systems announces that its exclusive licensee, Global Laser Enrichment, has achieved a critical technology milestone for its laser uranium enrichment process, enabling plans for a new US enrichment facility to advance.

Orpheus Uranium Limited has agreed to acquire the Oobagooma Uranium Project in Western Australia, unlocking significant historical uranium mineralisation and exploration potential in the Canning Basin.

Snow Lake Resources is set to acquire Global Uranium, creating a leading U.S.-focused uranium developer with a diversified portfolio and enhanced market presence. The merger promises scale, strategic synergies, and exposure to critical nuclear fuel cycle technologies amid supportive U.S. policies.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading U.S.-focused uranium company valued at A$44.5 million. The deal consolidates key assets and promises enhanced exploration and development opportunities.

Global Laser Enrichment, Silex’s exclusive licensee, has completed large-scale uranium enrichment testing, advancing the SILEX technology closer to commercial deployment in the US nuclear fuel market.

Global Uranium and Enrichment Limited reports promising uranium intercepts from ongoing drilling at its Pine Ridge Project, reinforcing its development potential in the Powder River Basin.

Global Uranium and Enrichment Limited reports promising initial drill results from its Pine Ridge Uranium Project in Wyoming, confirming significant uranium mineralisation and expanding its land holdings.

Silex Systems Limited has announced a Share Purchase Plan (SPP) aiming to raise up to $15 million, offering existing eligible shareholders new shares at a price capped at $3.90 or a 2% discount to recent trading prices. This follows a $130 million institutional placement and supports key commercialisation projects in uranium enrichment.

Snow Lake Energy has completed due diligence and confirmed its participation in GTI Energy’s $4.5 million placement, securing a near 10% stake and a strategic foothold adjacent to GTI’s Lo Herma uranium project.

Silex Systems Limited has announced a $145 million equity raise to fund the commercialisation of its SILEX laser uranium enrichment technology through its US joint venture, Global Laser Enrichment. The capital will support critical technology milestones and expansion into new isotope markets amid a global nuclear fuel renaissance.

Silex Systems has raised $130 million through an institutional placement to advance its SILEX uranium enrichment technology in the US, bolstering its financial position through FY2028.

Global Uranium and Enrichment Limited has completed a transformative acquisition of the Pine Ridge Uranium Project in Wyoming, initiating a large-scale drilling program that positions the company as a key domestic uranium developer in the US.