Silex Systems Limited · ASX:SLX
Silex Systems — NEI International Uranium Fuel Seminar 2021
15 slides from Silex Systems's conference presentation, Nov 9, 2021
Slide 1: GLE Presentation to NEI International Uranium Fuel Seminar
For personal use only GLE Presentation to NEI International Uranium Fuel Seminar 9 November 2021 Highlights: • GLE’s CEO and CCO are presenting to the Nuclear Energy Institute (NEI) International Uranium Fuel Seminar being held in Savannah, Georgia • Presentation will provide a brief update on GLE’s
Slide 2: Forward Looking Statements and Risk Factors
Forward Looking Statements and Risk Factors: About Silex Systems Limited (ASX: SLX) (OTCQX: SILXY) Silex Systems Limited ABN 69 003 372 067 (Silex or Company) is a research and development company whose primary asset is the SILEX laser enrichment technology, originally developed at the Company’s tec
Slide 3: Global Laser Enrichment Commercialization Update
Global Laser Enrichment Commercialization Update For personal use only NEI Uranium Fuel Seminar November 8, 2021 Savannah, GA Steve Long James Dobchuk CEO President & CCO
Slide 4: GLE History & Key Milestones
GLE History & Key Milestones For personal use only 2000 USA and Australia sign Agreement for Cooperation (i.e., “123 agreement”) for the SILEX technology. Technology becomes officially classified shortly thereafter 2007 GE and GE-Hitachi Nuclear Energy form subsidiary GLE (exclusive licensee of SILE
Slide 5: Commercial Pathways & Guiding Principles
Commercial Pathways & Guiding Principles For personal use only ➢ Commercial pathways - three primary areas of focus • Enriching DOE tails to produce uranium (DUF6 NUF6) • Potential to address higher enrichment needs (HALEU) • Mature into a commercial SWU supplier (LEU) GLE will be innovative, agile
Slide 6: Commercial Pathways & Guiding Principles: Core Corporate Principles
Commercial Pathways & Guiding Principles For personal use only ➢ Core Corporate Principles • Proactive nuclear safety culture and governance • Strong relationship with NRC and focus on regulatory compliance • Disciplined technology development process • Market-driven commercialization priorities and
Slide 7: Reasons for Optimism & Positioned for Growth
Reasons for Optimism & Positioned for Growth For personal use only • Exclusive licensee of the SILEX technology that could fill a critical supply-chain gap o Uniquely positioned as world’s only 3rd Generation laser enrichment technology o Potentially significant technology advantages over existing c
Slide 8: Development Timelines
Development Timelines For personal use only 6
Slide 9: Evolution of Enrichment Technology
Evolution of Enrichment Technology For personal use only 1950’s 1980’s 2000’s Gaseous Diffusion Gas Centrifuge GLE/SILEX • 1st generation technology • 2nd generation technology • 3rd generation technology • Separation factors (𝛽) ~ 1.004 • Separation factors (𝛽) ~ 1.250 • Separation factors (𝛽)…
Slide 10: SILEX Process Overview
SILEX Process Overview For personal use only • Unique third generation (laser-based) enrichment technology • Highly selective lasers to excite UF6 and efficiently separate U235 • Anticipated to be significantly more efficient than centrifuge technology UF6 throughout feed, separation and withdrawal
Slide 11: Compatibility with Existing Fuel Cycle
Compatibility with Existing Fuel Cycle For personal use only Commercial scale production will be compatible with existing fuel cycle infrastructure 9 GLE Confidential
Slide 12: SILEX Technology Advantages
SILEX Technology Advantages For personal use only • Highly selective and efficient – ability to fine-tune the process to excite and separate U235 with higher efficiency compared to centrifuge technology • Modularity/flexibility – greater flexibility to produce wide range of fuels for next generation
Slide 13: Commercialization Timeline
Commercialization Timeline* For personal use only * Subject to technology development program outcomes, market conditions, and other factors Today 2025 2030 Feasibility & Commercial Pilot Demonstration PLEF Commercial Deployment Licensing Near-term focus (2022+) • Ramping up operations under new JV
Slide 14: Commercial Pathways
Commercial Pathways For personal use only Paducah Laser Enrichment Facility Conceptual Paducah Laser Enrichment Facility (PLEF) DOE Cylinder Yards Module Assembly Facility ➢ Potential to produce ~5MM lbs uranium annually Process Halls ➢ Estimated to operate for around 30 years ➢ Reduces DOE disposal
Slide 15: Thank you
For personal use only Thank you 13
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