Hitachi has said it will suspend work on a multi-billion-pound UK nuclear project because of rising costs. The decision puts thous...
Work on a major new nuclear power station in Britain was suspended after the developer, Japan’s Hitachi, said Thursday it had be...
China General Nuclear Power Corp. (CGN) will bring forward plans to build a nuclear plant in Britain, it said on Thursday, helping...
Federal nuclear regulators gave the all clear on Wednesday after the largest earthquake to hit the Washington region since 2011 st...
Uranium Prices - Weekly U3O8 Spot Price Indicator
The Weekly U3O8 Spot Price Indicator is TradeTech’s judgment of the price at which spot transactions for significant quantities of natural uranium concentrates could be concluded as of the end of each Friday.
Published in TradeTech’s weekly Nuclear Market Review since March 8, 1996, the Weekly U3O8 Spot Price Indicator is based on:
• data from recently completed transactions;
• data from pending transactions;
• firm bids to buy or borrow, and firm offers to sell or lend; and
• prices purchasers have expressed a willingness to pay, but for which we are not aware of firm bids to buy; and prices sellers have expressed a willingness to accept, but for which we are not aware of firm offers to sell.
In the determination of the Weekly U3O8 Spot Price Indicator, we do not consider:
• prices associated with deliveries under old or renegotiated contracts, or other than arm’s-length transactions;
• charges for transportation other than that customarily provided by suppliers; and
• prices of services or materials delivered under long-term contracts with primary suppliers.
