Domestic uranium production is up; prices hold steady

July 7, 2026, 12:01PMNuclear News
Quarterly U.S. uranium concentrate production. (Graph: U.S. EIA Domestic Uranium Production Report)

The U.S. Energy Information Administration has released its Domestic Uranium Production Report for the first quarter of 2026. According to the report, U.S. production of uranium concentrate (U3O8) during the first quarter of this year totaled 1,039,075 pounds, representing a 0.4 percent decrease from the fourth quarter of 2025, when U3O8 production totaled 1,043,474 pounds. However, the 2026 first-quarter production was the highest first-quarter production amount recorded since 2015, when 1,154,408 pounds were produced.

Uranium prices reach highest level since February 2024

February 3, 2026, 3:53PMNuclear News

The end-of-January spot price for uranium was $94.28 per pound, according to uranium fuel provider Cameco. That was the highest spot price posted by the company since the $95.00 per pound it listed at the end of February 2024. Spot prices during 2025 ranged from a low of $64.23 per pound at the end of March to a high of $82.63 per pound at the end of September.

Uranium prices rise to highest level in more than two months

January 7, 2026, 12:11PMNuclear News

Analyst firm Trading Economics posted a uranium futures value of about $82.00 per pound on January 5—the highest futures value in more than two months.

In late October, it had listed a futures price of about $82.30/lb. By late November, the price had fallen to under $76.00/lb.

Uranium prices up: Could demand more than double?

October 2, 2025, 12:01PMNuclear News

Canadian uranium provider Cameco has calculated an end-of-September spot price for uranium of $82.63 per pound—the highest mark of 2025. The lowest spot price listed all year by Cameco was $64.23 per pound at the end of March, while the previous high was $78.50 per pound at the end of June.

Uranium spot price drops

August 7, 2025, 7:07AMNuclear News

Uranium provider Cameco has calculated an end-of-July spot price for uranium of $71.10—a decline from the $78.50 of the previous month. Cameco lists a long-term price of $81.00 for July, which is the same price that was listed in January. From February to June, the long-term price was $80.00.

Uranium futures were about $71.45 per pound on August 4, according to online analysis firm Trading Economics, which noted that continued prices near $71.50 are maintaining the price drop from the seven-month high of $79.00 in mid-June. The relatively low prices are related to a lack of buying from holding funds, which have received lowered bids from utilities. Nevertheless, uranium prices are higher at this point, compared with the $63.70 price in mid-March this year.

Uranium futures recalibrated in January, partly due to DeepSeek

February 4, 2025, 12:01PMANS Nuclear Cafe

Uranium futures took a sharp plunge below $69 per pound in late January, to a low of about $67 on January 27, before climbing back to $71.35 on January 31, according to Trading Economics. The New York City–based analyst firm noted that this was the market’s first drop below $69 in 16 months and that the price fluctuation happened as “markets recalibrated demand expectations against a backdrop of ample supply.”