While a commercialization decision must still be made by the company, the license enables GLE to build a first-of-its-kind uranium enrichment facility using lasers conceived of by Australian technology company SILEX and developed by GLE experts.
Washington Post - GE Hitachi said it hasn’t yet decided whether the project will be profitable enough to launch construction of the $1 billion plant. Part of the evaluation will be weighing whether markets for enriched uranium will hold for years into the future
Nuclear Townhall has coverage
Nextbigfuture has covered Silex laser uranium enrichment before
Today, a majority of enriched uranium made to produce nuclear fuel in the United States comes from foreign or government-supplemented sources. The GLE license, applied for in June 2009, will allow the laser enrichment plant to produce up to 6 million single work units (SWU) per year in the United States.
The next step in the process is for the company to make a commercialization decision. This decision will be based on several factors.
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