Uranium prices near lowest level in more than two months

December 5, 2025, 9:30AMNuclear News

The spot price of uranium at the end of November declined to $75.80 per pound, down from $80.00/lb at the end of October, according to uranium company Cameco. The high-water mark this year was in September, at $82.63/lb. The lowest price of 2025 was at the end of March, at $64.23/lb.

For the long-term price of uranium, Cameco listed the end-of-November mark at $86.00/lb, the highest of the year and up by $1.00/lb from the end-of-October price.

Futures: Meanwhile, analyst firm Trading Economics posted a uranium futures price at the end of November of $76.40/lb, the lowest since mid-September.

According to the firm, Kazatomprom, the world's largest uranium miner, reported a 33 percent growth rate in exports in the third quarter and a 10 percent increase in total output.

Uranium futures topped out at a 14-month high of $84.00/lb at the end of October based on “robust demand,” Trading Economics said.


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