Silex Systems, a uranium enrichment company, snapped up the facility for a “paltry” A$6.5m ($6.1m) last year, after BP decided to close its solar factories in Sydney and Madrid and trim production in the US state of Maryland, as part of wider restructuring plans for its troubled solar division.
Silex chief executive Michael Goldsworthy says his firm, which has been looking to deepen its exposure to the solar industry, was able to buy the facility for a third of what it had budgeted.
“Silex’s