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Fusion Science and Technology
August 2026
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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.
S.C. McCool, A.J. Wootton, R.V. Bravenec, P.H. Edmonds, K.W. Gentle, H. Huang, J.W. Jagger, B. Richards, David W. Ross, E.R. Solano, J. Uglum, P.M. Valanju
Fusion Science and Technology | Volume 27 | Number 3 | April 1995 | Pages 444-450
Advanced Tokamak And Steady-State Sustainment Systems | doi.org/10.13182/FST95-A11947125
Articles are hosted by Taylor and Francis Online.
Recent favorable results on START have caused renewed interest in low aspect ratio tokamaks. To design an economical next-step spherical tokamak to study confinement scaling and high beta plasmas, we have developed a transport scaling and device optimization code. This code OPT, benchmarked against START, includes 10 empirical confinement scaling laws and essential tokamak physics such as stability limits. Parameters are optimized separately for each scaling law and physics goal. Using OPT we find for R/a=1.2 to 2.0 one can achieve βN=5 and <β>=30% with just two neutral beams (PNB<3.5 MW) for Ip≥0.75 MA, and Ro≥0.6 m. In contrast, if one insists on using the nominal device parameters, Ip=1 MA and Ro=0.8 m, with each scaling law, achieving βN=5 requires typically PNB⋍7.5 MW.