financetom
Business
financetom
/
Business
/
ASP Isotopes Silicon-28 Enrichment Plant in South Africa Begins Commissioning
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ASP Isotopes Silicon-28 Enrichment Plant in South Africa Begins Commissioning
Nov 26, 2024 7:18 AM

09:48 AM EST, 11/26/2024 (MT Newswires) -- ASP Isotopes ( ASPI ) said Tuesday it has completed construction of a Silicon-28 enrichment facility in South Africa and begun the commissioning process, with plans to deliver commercial quantities by the first half of next year.

The advanced materials company said the facility, designed to produce over 50 kilograms annually of enriched Silicon-28 at a purity of 99.995%, exceeds the company's earlier capacity estimate of 10 kilograms per year.

Silicon-28, used in quantum computing and semiconductors, supports performance and heat conduction, according to ASP Isotopes ( ASPI ).

The company said it has already signed two supply agreements with US-based customers and is negotiating with other potential buyers globally.

Financial terms were not provided.

ASP Isotopes ( ASPI ) plans to patent key components of the facility's enrichment technology, the company added.

Price: 7.52, Change: -0.13, Percent Change: -1.70

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Kazakhstan's Karachaganak cuts output after drone hits Russian gas plant
Kazakhstan's Karachaganak cuts output after drone hits Russian gas plant
Oct 20, 2025
* Ukraine drones hit Russia's Orenburg gas processing plant * Gas from Karachaganak is being processed at the Orenburg plant * Shell, Eni, Chevron ( CVX ) are among Karachaganak stakeholders (Adds quote, background) By Mariya Gordeyeva ALMATY, Oct 21 (Reuters) - Kazakhstan's Karachaganak oil and gas condensate field has cut production volumes following an incident at Russia's Orenburg plant,...
The Coca-Cola Company and Gutsche Family Investments Agree to Sell Controlling Interest in Coca-Cola Beverages Africa to Coca-Cola HBC AG
The Coca-Cola Company and Gutsche Family Investments Agree to Sell Controlling Interest in Coca-Cola Beverages Africa to Coca-Cola HBC AG
Oct 20, 2025
ATLANTA & ZUG, Switzerland--(BUSINESS WIRE)-- The Coca-Cola Company ( KO ) and Gutsche Family Investments have agreed to sell a 75% controlling interest in Coca-Cola Beverages Africa Pty. Ltd. to Coca-Cola HBC AG ( CCHBF ), the companies announced today. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251020939952/en/ CCBA is the largest Coca-Cola bottler in Africa. It...
Goldman Sachs flags risk of disruption in supply of rare earths, key minerals
Goldman Sachs flags risk of disruption in supply of rare earths, key minerals
Oct 20, 2025
(Reuters) -Goldman Sachs ( GS ) flagged mounting risks to global supply chains of rare earths and other critical minerals, emphasising China's dominance in mining and refining, and outlining challenges for nations seeking to build independent supply chains. China expanded export curbs on rare earths on October 9, adding five new elements and extra scrutiny for semiconductor users ahead of...
Exclusive-Japan warns Vietnam of job losses as Hanoi motorbike ban hits Honda
Exclusive-Japan warns Vietnam of job losses as Hanoi motorbike ban hits Honda
Oct 20, 2025
HANOI/TOKYO (Reuters) -The Japanese government and some of the nation's top manufacturers have warned Vietnam that a planned ban on petrol-powered motorbikes in Hanoi could spark job losses and disrupt a $4.6 billion market that is dominated by Honda ( HMC ), according to documents reviewed by Reuters and seven people familiar with the matter. In July, Vietnamese Prime Minister...
Copyright 2023-2026 - www.financetom.com All Rights Reserved