Silex Systems Limited · ASX:SLX
Silex Systems — Corporate Update (February 2016)
20 slides from Silex Systems's corporate update, Feb 22, 2016
Slide 1: Operational Update
For personal use only Silex Systems Limited Operational Update 22 February 2016 (ASX: SLX) (OTCQX: SILXY)
Slide 2: Forward Looking Statements
Forward Looking Statements For personal use only Silex Systems is a research and development Company whose primary asset is the SILEX laser enrichment technology, originally developed in the Company’s technology facility in Sydney, Australia. The SILEX technology, licensed exclusively to GE-Hitachi
Slide 3: The Company
The Company For personal use only Silex Systems is an advanced technology company focused on the development and commercialisation of its innovative and potentially disruptive laser-based ‘SILEX’ uranium enrichment technology HY1 2016 Operational Update | © Silex Systems Limited 2016 3
Slide 4: Key Activities and Status of Silex
Key Activities and Status of Silex For personal use only • Company restructure announced in June 2014 now complete • Key decision was to return the focus of the company to the development and commercialisation of our foundation technology, the SILEX laser-based uranium enrichment technology • The co
Slide 5: The Translucent – IQE Agreement
The Translucent – IQE Agreement For personal use only • Translucent’s innovative ‘Rare Earth Oxide’ (REOTM) technology has potential application to high volume semiconductor sectors such as power electronics and wireless communications chips • September 2015 - Translucent signed an exclusive license
Slide 6: SILEX Laser Uranium Enrichment Technology
For personal use only SILEX Laser Uranium Enrichment Technology
Slide 7: SILEX Technology Development Status
SILEX Technology Development Status For personal use only • GE-Hitachi Global Laser Enrichment (GLE) and Silex continue to advance the development and commercialisation of the SILEX Technology at a measured pace • The team in Wilmington, North Carolina continues to make significant progress with pro
Slide 8: Advantages of the SILEX Technology
Advantages of the SILEX Technology For personal use only • Enrichment is the most difficult and costly step in making nuclear fuel for power reactors – around 35% to 40% of total fuel cost based on current market prices • All enrichment today performed by gas centrifuge technology developed initiall
Slide 9: Comparison of Enrichment Technologies
Comparison of Enrichment Technologies For personal use only (1) This number is Classified – the range indicated is dictated by the technology Classification Guide (2) Approximately 14% supplied from GDP inventory, RepU/MOX and other sources (UxC Enrichment Market Outlook Q3, 2015) HY1 2016 Operation
Slide 10: SILEX Process Flow Diagram
SILEX Process Flow Diagram For personal use only UF6 Feed UF6 Handling & Storage Enriched Product Laser Systems UF6 Withdrawal UF6 Feed System Separator Systems Systems Carrier Gas Separator Support CG Feed & Storage CG Recovery System Systems Depleted Tails Balance of Plant (Plant Support Systems)
Slide 11: Commercialisation and License Agreement
Commercialisation and License Agreement For personal use only Perpetual Royalty Agreement with GLE • Exclusive worldwide commercialisation and license agreement with Global Laser Enrichment (GLE) for the SILEX Technology – signed in 2006 • Phase I milestone completed in May 2013 – triggered US$15 mi
Slide 12: GLE's Phased Approach to Commercialisation
GLE’s Phased Approach to Commercialisation For personal use only • Phase I – ‘Technology Validation’ successfully completed in 2013 • Phase II – ‘Economic Validation’ is the focus for the next few years, including demonstration of full scale commercial production equipment • Plans include possible e
Slide 13: Paducah Enrichment Plant Opportunity
Paducah Enrichment Plant Opportunity For personal use only • Closure of last 1st generation gaseous diffusion plant in May 2013 – led to US Department of Energy (DOE) bid process for future operations • GLE submitted a proposal to the DOE in August 2013 involving construction of a SILEX-based laser
Slide 14: Nuclear Power Market Outlook
Nuclear Power Market Outlook For personal use only • Potential for significant increase in nuclear power capacity over the next two decades • Energy security and climate change are two key drivers for nuclear power deployment Nuclear plant forecasts to 2030* Key Statistics Country 2016 2030 11 per
Slide 15: Potential Market Recovery Drivers
Potential Market Recovery Drivers For personal use only Economics • Nuclear power continues to prove economically competitive - costs of electricity from nuclear generation comparable to coal and gas in most countries and less than (subsidised) renewables Energy Security • Nuclear power will remain
Slide 16: Enrichment Market Outlook
Enrichment Market Outlook For personal use only Enrichment Supply and Demand Forecast Million SWU ©UxC 60 Production 55 ROW Reactor Requirements Inv. Draw 50 0.18% 45 40 35 Note: ROW assumes 30 Russia covers all Russian reactor requirements and 25 China covers only its 20 domestic requirements 15 10
Slide 17: Uranium Market Outlook
Uranium Market Outlook For personal use only Uranium Supply and Demand Forecast (including Tails re-enrichment) Source: UxC Uranium Market Outlook, Q4 2015 • Uranium supplies remain excess to market demand, under the mid case demand scenario, until 2022 • Secondary supplies include uranium being pro
Slide 18: Summary
Summary For personal use only • Silex has completed a major restructure, returning its focus solely back on commercialisation of the SILEX laser enrichment technology • SILEX Technology remains under exclusive licence to Global Laser Enrichment (GLE) - a business venture of GE (51%), Hitachi (25%) a
Slide 19: Disclaimer
Disclaimer For personal use only Silex Systems Ltd (Silex) has prepared this presentation based on information available to it. The information in this presentation does not purport to be a complete description of Silex and/or its business activities. Except as required by law, no representation or
Slide 20: Thank you
For personal use only Thank you