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Uranium prices steady as EIA releases annual market report
The end-of-July spot price for uranium was $86.36 per pound, as reported by Cameco—roughly the same as it has been since February. Analytics firm Trading Economics reported a uranium futures price of $86.60 per pound, a figure that also has been holding steady since early April.
These updates come as the U.S. Energy Information Administration has released its 2025 Uranium Marketing Annual Report, which examines in detail multiple aspects of the U.S. uranium market. Data are derived from answers given in the Uranium Marketing Annual Survey, which collects information on contracts, deliveries (during the past year and projected for the next 10 years), purchased enrichment services, inventories, fuel assembly usage, and market requirements.
Ronald D. Stambaugh, Vincent S. Chan, Robert L. Miller, Michael J. Schaffer
Fusion Science and Technology | Volume 33 | Number 1 | January 1998 | Pages 1-21
Technical Paper | doi.org/10.13182/FST33-1
Articles are hosted by Taylor and Francis Online.
The low-aspect-ratio tokamak or spherical torus (ST) approach offers the two key elements needed to enable magnetic confinement fusion to make the transition from a government-funded research program to the commercial marketplace: a low-cost, low-power, small-size market entry vehicle and a strong economy of scale in larger devices. Within the ST concept, a very small device (A = 1.4, major radius ~1 m, similar size to the DIII-D tokamak) could be built that would produce ~800 MW(thermal), 200 MW(net electric) and would have a gain, defined as QPLANT = (gross electric power/recirculating power), of ~2. Such a device would have all the operating systems and features of a power plant and would therefore be acceptable as a pilot plant, even though the cost of electricity would not be competitive. The ratio of fusion power to copper toroidal field (TF) coil dissipation rises quickly with device size (like R3 to R4, depending on what is held constant) and can lead to 4-GW(thermal) power plants with QPLANT = 4 to 5 but which remain a factor of 3 smaller than superconducting tokamak power plants. Large ST power plants might be able to burn the advanced fuel D-He3 if the copper TF coil is replaced by a superconducting TF coil and suitable shield. These elements of a commercialization strategy are of particular importance to the U.S. fusion program in which any initial nongovernment financial participation demands a low-cost entry vehicle.The ability to pursue this line of fusion development requires certain advances and demonstrations that are probable. Stability calculations support a specific advantage of low aspect ratio in high beta that would allow simultaneously T ~ 60% and 90% bootstrap current fraction (Ip ~ 15 MA, = 3). Steady-state current drive requirements are then manageable. The high beta capability means the fusion power density can be so high that neutron wall loading at the blanket, rather than plasma physics, becomes the critical design restriction.