Silex Systems Limited · ASX:SLX
Silex Systems — Investor Presentation (September 2022)
31 slides from Silex Systems's investor presentation, Sep 27, 2022
Slide 1: ASX announcement: Investor Presentation
For personal use only Investor Presentation 27 September 2022 Silex Systems Limited (Silex) (ASX: SLX) (OTCQX: SILXY) is providing an updated Investor Presentation to support roadshow activities in the coming weeks. The presentation highlights progress associated with the commercialisation of the SI
Slide 2: Silex Systems Limited Investor Presentation
For personal use only Silex Systems Limited Investor Presentation September / October 2022 (ASX: SLX) (OTCQX: SILXY) Dr Michael Goldsworthy CEO/Managing Director www.silex.com.au 1
Slide 3: Forward Looking Statements and Risk Factors
Forward Looking Statements and Risk Factors About Silex Systems Limited (ASX: SLX) (OTCQX: SILXY) For personal use only Silex Systems Limited ABN 69 003 372 067 (Silex) is a technology commercialisation company whose primary asset is the SILEX laser enrichment technology, originally developed at the
Slide 4: Our Mission: commercialise SILEX laser enrichment technology
Our Mission: to commercialise the unique SILEX laser enrichment technology for application to: For personal use only Uranium production and Silicon enrichment (silicon Other potential markets (e.g. enrichment (nuclear power) quantum computing) medical isotopes) Our strategy is focused on extracting
Slide 5: Evolution of Enrichment Technology
Evolution of Enrichment Technology For personal use only 1st Generation Technology 2nd Generation Technology 3rd Generation Technology Gaseous Diffusion Centrifuge SILEX Laser Very low efficiency – tails legacy Modest efficiency High efficiency High cost Lower cost Anticipated to be lowest cost Obso
Slide 6: Investment Focus – Strong ESG Credentials
Investment Focus – Strong ESG Credentials For personal use only Investment in three key growth industries with strong ESG credentials: 1) Nuclear Power for Clean Energy – potential to support Net-Zero 2050 targets with carbon free electricity production 2) Next Generation Quantum Computing – expecte
Slide 7: Nuclear Power Outlook – Key Drivers for Growth
For personal use only Nuclear Power Outlook – Key Drivers for Growth www.silex.com.au 6
Slide 8: Global Issues Transforming Energy Markets
Global Issues Transforming Energy Markets For personal use only Climate Change - Ever increasing energy demand driven by population growth and industrialisation - Energy transition to de-carbonise (Net-Zero 2050 target) – climate action becoming more urgent - Growing focus on electrification of tran
Slide 9: Significant Nuclear Power Growth to achieve Net-Zero 2050
Significant Nuclear Power Growth to achieve Net-Zero 2050 For personal use only Nuclear Generation Growth Scenarios Conventional Large-Scale Reactor Population TWh 7,000 Net Zero 226% 6,000 Accelerated 5,000 New Momentum 186% 4,000 127% 3,000 2,000 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2
Slide 10: Emerging Next-Generation Small Modular Reactors (SMRs)
Emerging Next-Generation Small Modular Reactors (SMRs)* For personal use only • SMRs are modular, smaller size (50 MWe to 300 MWe) reactors allowing greater flexibility in deployment • SMRs are designed for production-line manufacturing rather than conventional custom built capital projects • SMRs a
Slide 11: Nuclear Renaissance - Industry Developments
Nuclear Renaissance - Industry Developments For personal use only • US: Inflation Reduction Act passed August 2022 - supporting nuclear power generation and domestic nuclear fuel supply including US$700 million funding for the DOE’s HALEU Availability Program • UK: in April 2022, announced plans to
Slide 12: Nuclear Fuel Supply Chain – Current Status and Emerging Threats
For personal use only Nuclear Fuel Supply Chain – Current Status and Emerging Threats www.silex.com.au 11
Slide 13: Nuclear Fuel Production and Emerging Threats
Nuclear Fuel Production and Emerging Threats For personal use only The Nuclear Fuel Supply Chain Emerging Threats to the Global Nuclear Fuel Supply Chain: - Supply chain risks exposed by over-dependence on Russian-sourced nuclear fuel - Western supply - curtailments and under-investment in new resou
Slide 14: Russian Share of US Nuclear Fuel Requirements
Russian Share of US Nuclear Fuel Requirements For personal use only Russian Global Capacity1 Current US Imports of Russian Nuclear Fuel1,2 Uranium (U308)2 14% ~14% Conversion 27% ~18% Enrichment (SWU)2 46% ~20% 1. WNA and UxC various sources 2022 2. EIA, 2021 Uranium Marketing Annual Report, May 202
Slide 15: Nuclear Fuel Supply Chain - Opportunities for GLE and the SILEX Technology
For personal use only Nuclear Fuel Supply Chain - Opportunities for GLE and the SILEX Technology www.silex.com.au 14
Slide 16: Potential Opportunities for GLE and the SILEX Technology
Potential Opportunities for GLE and the SILEX Technology For personal use only GLE has the unique potential to address the ‘Triple Opportunity’ emerging in the global nuclear fuel supply chain: 1) Uranium Production: Processing of depleted UF6 tails inventories with the SILEX technology to produce n
Slide 17: Nuclear Fuel Opportunities for GLE and the SILEX Technology
Nuclear Fuel Opportunities for GLE and the SILEX Technology For personal use only www.silex.com.au 16
Slide 18: The Paducah Laser Enrichment Facility (PLEF) Opportunities
For personal use only The Paducah Laser Enrichment Facility (PLEF) Opportunities www.silex.com.au 17
Slide 19: GLE's Multi-Purpose PLEF Project
GLE’s Multi-Purpose PLEF Project For personal use only The PLEF Triple Opportunity: Paducah Laser Enrichment Facility (PLEF) commercial project to deploy the SILEX technology in the US: • PLEF I - Opportunity for low-cost production of up to 5 million pounds natural grade uranium (as UF6) annually f
Slide 20: Nuclear Fuel Opportunities for GLE and the SILEX Technology
Nuclear Fuel Opportunities for GLE and the SILEX Technology For personal use only LEU PLEF III HALEU www.silex.com.au 19
Slide 21: The PLEF I Opportunity – Foundation Commercial Project
The PLEF I Opportunity – Foundation Commercial Project For personal use only PLEF I: Uranium Production from Legacy Tails Paducah, KY Potential Enrichment Plant Site • GLE’s flagship Paducah project aims to enrich depleted tails with SILEX technology to produce natural grade UF6 • Paducah project is
Slide 22: PLEF I: Uranium Production Opportunity
PLEF I: Uranium Production Opportunity (Natural UF6 production) For personal use only Target Commercial Akin to a ‘Tier 1’ Uranium Resource* Equivalent U3O8 Operation Date Based on low cost and Production Baseline: c. 2030 longevity of production Up to 5 million lbs p.a. for (with potential accelera
Slide 23: GLE / SILEX Technology Commercialisation Timelines
GLE / SILEX Technology Commercialisation Timelines1 For personal use only Baseline - GLE Commercialisation Timeline: PLEF Commercial Commercial Pilot Demonstration2 PLEF3 Feasibility and Licensing PLEF EPC4 Operations c. 2025 c. 2027 c. 2030 Potential Acceleration - GLE Commercialisation Timeline5:
Slide 24: SILEX Technology License and Cameco Equity Option
SILEX Technology License and Cameco Equity Option For personal use only Technology License: • GLE holds exclusive worldwide license for use of SILEX laser technology for uranium enrichment • License agreement includes US$20 million in payments to Silex triggered by commercialisation milestones • Per
Slide 25: Zero-Spin Silicon for Quantum Computing
For personal use only Zero-Spin Silicon for Quantum Computing www.silex.com.au 24
Slide 26: SILEX Zero-Spin Silicon Opportunity
SILEX Zero-Spin Silicon Opportunity For personal use only Global race to develop world’s first Quantum Computers (QCs) • QCs expected to be 1000’s of times more powerful than today’s conventional computers • QC anticipated to create new opportunities in medicine, AI, cybersecurity, finance, logistic
Slide 27: SILEX Project for ZS-Si production gathering momentum
SILEX Project for ZS-Si production gathering momentum For personal use only • Project partners SQC and UNSW part of the Federally funded ‘CQC2T Centre of Excellence’ ZS-Si for Silicon Quantum Computing – a world leader in silicon-based QC technology development • 3-year project cost ~$8m (includes p
Slide 28: SILEX Zero-Spin Silicon Production Opportunity
SILEX Zero-Spin Silicon Production Opportunity For personal use only Aim Commercial Pilot Production Establish capability for reliable Operation Date Commercial pilot scale and economic production of production of up to 5 kgs per high purity ZS-Si 2023 year, depending on demand Commercial ZS-Si Targ
Slide 29: Summary
For personal use only Summary www.silex.com.au 28
Slide 30: Summary
Summary For personal use only GLE’s path to market initially focused on the PLEF I project for cost effective production of natural uranium and significant value of the contained conversion component Consideration of accelerating deployment of SILEX uranium enrichment technology and GLE’s commercial
Slide 31: Thank you
For personal use only Thank you 30
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