Uranium futures rose to $71.90 per pound on June 2, according to online analysis firm Trading Economics. That price was near its highest level since early February—in contrast to an 18-month low in prices reached in mid-March.
Take steps on SNF and HLW disposal
With a new administration and Congress, it is time once again to ponder what will happen—if anything—on U.S. spent nuclear fuel and high-level waste management policy over the next few...
DOE opens pilot program to authorize test reactors outside national labs
Details of the plan to test new reactor concepts under the Department of Energy’s authority but outside national laboratory boundaries—first outlined in one of the four executive orders on...
Trump administration begins overhaul of the NRC
Since the president's inauguration in January, the Trump administration has been on course to make big changes at the Nuclear Regulatory Commission to realize its goals of deregulation, energy...
NRC approves NuScale uprated SMR design
NuScale earned approval for its “larger” US460 77-MWe small modular reactor plant design, the Nuclear Regulatory Commission announced last week.The standard design approval (SDA) is a...
Trump issues executive orders to overhaul nuclear industry
The Trump administration issued four executive orders on Friday aimed at boosting domestic nuclear deployment ahead of significant growth in projected energy demand in the coming decades....
GLE begins TRL-6 demonstration enrichment
Global Laser Enrichment has commenced uranium enrichment demonstration testing at its test loop pilot facility at the company’s headquarters in Wilmington, N.C. The technology readiness...
Trump’s FY 2026 “skinny” budget proposal cuts $408M for nuclear
President Donald Trump released his discretionary budget request Friday, stirring up questions from nuclear advocates about how the federal funding earmarked for domestic energy would fare....
Uncertainty contributes to lowest uranium spot prices in 18 months
A combination of plentiful supply and uncertain demand resulted in spot pricing for uranium closing out March below $64 per pound, with dips down to about $63.50 during mid-March—the lowest...
U.S. advances microreactor program for military sites
The Defense Innovation Unit announced April 10 next steps in the Advanced Nuclear Power for Installations (ANPI) program, launched in 2024 to deploy microreactor nuclear systems for increased...
Sufficient supply, uncertain demand influence uranium markets
Uranium futures closed out February at about $65.55 per pound, according to online analysist firm Trading Economics. Futures prices have been below $66 per pound since mid-February....
