ASP Isotopes Inc. (NASDAQ:ASPI) shares are trading higher Tuesday after the company announced it restarted the first 18 states of its Silicon-28 enrichment facilities in Pretoria, South Africa.
ASP Isotopes shares are climbing with conviction. Why is ASPI stock surging?
Silicon-28 Facility Restart
ASP Isotopes said the first 18 stages of the Silicon-28 enrichment facility, comprising segments one and two, have now operated for more than three weeks at target enrichment levels.
The company said it implemented engineering modifications over the past nine months focused on non-core components including valves, compressors and piping. ASP Isotopes said those same enhancements are expected to be implemented across the remaining stages of the facility to support commercial production of enriched Silicon-28.
