As the uranium spot price remained unchanged last week, the world's largest uranium company and several small ASX-listed companies...
Kazakhstan's state-controlled uranium miner Kazatomprom has report that it produced 3,073 tU (~8.0 million pounds U3O8) in Q2 2021...
Some Illinois lawmakers are calling for a separate bill to keep the state's nuclear power plants slated to close this year....
High-temperature gas reactors (HTGRs) could provide low-carbon process heat to help decarbonize heavy industry, under new plans ou...
Uranium Royalty Corp. (URC) has been added to the Global X Uranium ETF as part of the bi-annual index rebalancing....
Uranium Prices - Daily U3O8 Spot Price Indicator
TradeTech began publishing a Daily U3O8 Spot Price Indicator on March 1, 2011, which reflects data from completed and pending transactions in the uranium spot market.
The uranium spot market has witnessed more vigorous trading activity over the past two years, with a wider range of buyers and sellers, which has led to greater price volatility. In fact, the increase in the spot price in 2010, which climbed above US$60 per pound of uranium oxide (U3O8) for the first time in over two years, was also supported by record spot market activity. Total spot uranium sales volume in 2010 reached 42.8 million pounds U3O8 -- the highest level since 1990.
In addition, a global nuclear power renaissance has been gaining momentum over the past several years and has led to increased uranium spot market activity on an international level. Many nations, particularly in Asia, are engaged in nuclear power expansion programs with upgrades at existing nuclear plants and plans to build new reactors, while others are preparing to launch new nuclear power programs. China’s ambitious nuclear power expansion plan has attracted renewed interest from the financial and investor sectors and helped propel spot price movement in 2010.
Similar to TradeTech’s Weekly U3O8 Spot Price Indicator and monthly NUEXCO Exchange Value®, the Daily U3O8 Spot Price Indicator reflects the company’s judgment of the price at which spot and near-term transactions for significant quantities of natural uranium concentrates could be concluded as of the close of business each day.
Prices are available to clients only. Clients need to login to retrieve a complete list of prices.
