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Uranium Primer - Uranium Prices Overview
TradeTech, through its predecessor the Nuclear Exchange Corporation, which later became known as NUEXCO, was the first organization to provide uranium prices, beginning in August 1968 with the NUEXCO Exchange Value as a measure of spot uranium prices and the NUEXCO Loan Rate as a measure of the annual percentage rate for natural uranium loans. During the 1970s, the NUEXCO Exchange Value began to be incorporated into many long-term uranium contracts as the settlement price for deliveries under those contracts.
Since 1968, NUEXCO, and then TradeTech, have added a series of uranium prices, to cover the full range of products and services in the “front end” of the nuclear fuel cycle (uranium, conversion, and enrichment [SWU]), for both the spot, mid-, and long-term markets.
