Australia's Silex Systems rises on unit getting US uranium contract

ReutersMar 26, 2026 11:52 PM

Silex Systems SLX.AX rises as much as 6.1% to A$5.61, highest since March 16

Uranium enrichment tech co says unit Global Laser Enrichment (GLE) selected for award of up to $28.5 million from US Department of Energy

Says award for advancing laser-based uranium enrichment technology

Adds unit receives approval from Commonwealth of Kentucky and McCracken County

Approval to receive up to $98.9 million in tax and economic incentives for development of planned Paducah Laser Enrichment Facility in Kentucky

Stock up 7.3% so far this week, set for best week since early February

Despite moves, SLX down 35% YTD

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