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.
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.
The NRC’s Annie Caputo resigns
Commissioner Annie Caputo is resigning from the Nuclear Regulatory Commission, according to a statement sent out to staff on Tuesday morning. Her resignation comes one day after the U.S....
ORNL, INL make deals on AI for nuclear licensing
The United States has tight new deadlines—18 months, max—for licensing commercial reactor designs. The Department of Energy is marshaling the nuclear expertise and high-performance...
Data centers planned at four DOE sites
At the end of his July 15 speech at the inaugural Pennsylvania Energy and Innovation Summit, President Trump promised that “a lot more [was] going to be announced in the coming week” for...
House Oversight Committee schedules hearing on nuclear energy
Rep. Eric Burlison (R., Mo.), the chairman of the U.S. House Oversight and Accountability Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs, has announced a hearing on...
INL to use Microsoft’s AI to streamline nuclear licensing
The Idaho National Laboratory has announced that it will collaborate with Microsoft on the use of artificial intelligence technologies to streamline the nuclear permitting and licensing...
NRC confronts “unprecedented position”
The Nuclear Regulatory Commission, which currently has three serving commissioners and—according to recent media reports—a detailee from the Department of Government Efficiency (DOGE), is...
Uranium spot price jumps in June
Uranium provider Cameco has calculated an end-of-June spot price of $78.50 for uranium—a substantial jump from $71.55 the previous month. Cameco continues to list a long-term price of...
Meta’s data centers and nuclear power
A recent article in the Chicago Tribune explores the benefits and potential drawbacks of the 20-year power purchase agreement (PPA) signed by Constellation Energy and Meta last month....
GLE completes Paducah Laser Enrichment Facility license application
Global Laser Enrichment announced that it has submitted its safety analysis report to the Nuclear Regulatory Commission for the planned Paducah Laser Enrichment Facility (PLEF). This follows...
Fermi America, Texas Tech share vision for massive power and data complex
Texas Tech University and Fermi America shared plans on June 26 to build “the world’s largest advanced energy and artificial intelligence campus” in Amarillo, Texas, near the Pantex...