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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.
R. W. Bussard, N. A. Krall
Fusion Science and Technology | Volume 26 | Number 4 | December 1994 | Pages 1326-1336
Technical Paper | Fusion Reactor | doi.org/10.13182/FST94-A30317
Articles are hosted by Taylor and Francis Online.
Performance scaling of fusion power sources shows that Maxwellian, magnetic, local-thermodynamic-equilibrium (MM/LTE) devices require much larger sizes and B fields than do electron-driven, inertial-electrostatic-confinement (EXL/IEC) systems for the same output. Basic economics analyses show that systems of either type must be small in size to be economically viable. This requires operation at high fusion power density and first-wall thermal fluxes; flux levels needed are well within those of practical power engineering experience. The EXL/IEC systems can satisfy these demands more readily than can MM/LTE systems. They can be operated to avoid particle thermalization, preserve ion core convergence, and yield a large power gain against losses (e.g., bremsstrahlung) for all fuels from deuterium-tritium to p-11B and 3He3He. Direct conversion of charged-particle energy, without arcing, is inherently straightforward in the quasispherical field geometry. If losses prove to be governed by classical physics phenomena rather than turbulent transport, all research and development (R&D) from physics studies to power plants can be done at a single size (≈3-m radius) and B field (≈1.2 T, 12 kG); no scaling growth in size or field is required. Consequent R&D costs and time scales are estimated to be <12 years and $1 billion for development of prototype EXL/IEC fusion power systems. Research investment seems warranted in this small-scale alternative to large-scale MM/LTE systems.