General Electric and Hitachi have now been joined by Cameco to develop and deploy Australian laser enrichment technology. Cameco has invested US$123.8 million (AU$129.8) to become the minority partner with a 24% stake in the joint venture. GE will maintain a 51% share and Hitachi 25%.
It's always interesting to hear of Australian innovative success, but in general news such as this is disappointing for me personally. I hope Silex is bringing home some well deserved royalties for their efforts on the technology [judging by the below stock trend, this appears to be the case]. However, I still consider it [another] lost opportunity via the export of innovative technology as well as [most likely] a few key human resources.
This phenomenon is not unique to the nuclear fuel cycle either. Australian solar technology continues to suffer a similar plight. Considering the global energy [r]evolution unfolding before us - I do not believe it wise to allow similar opportunities to slide so easily from our grasp.
It's always interesting to hear of Australian innovative success, but in general news such as this is disappointing for me personally. I hope Silex is bringing home some well deserved royalties for their efforts on the technology [judging by the below stock trend, this appears to be the case]. However, I still consider it [another] lost opportunity via the export of innovative technology as well as [most likely] a few key human resources.
This phenomenon is not unique to the nuclear fuel cycle either. Australian solar technology continues to suffer a similar plight. Considering the global energy [r]evolution unfolding before us - I do not believe it wise to allow similar opportunities to slide so easily from our grasp.
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