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Uranium prices reach highest level since February 2024
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.
Joseph R. Petrella, Jr., Timothy Stevenson, Mark Cropper, Paul Sichta, Michael D’Agostino, Moheb Thomas, Xin Zhao, Clarence Hines
Fusion Science and Technology | Volume 77 | Number 7 | October-November 2021 | Pages 493-500
Technical Paper | doi.org/10.1080/15361055.2021.1908057
Articles are hosted by Taylor and Francis Online.
A safety instrumented system design guided by the International Electrotechnical Commission (IEC) standard IEC/ISA 61511 has been developed to ensure personnel protection from direct radiation and magnetic field hazards identified for the National Spherical Torus eXperiment–Upgrade (NSTX-U) fusion experiment at the Princeton Plasma Physics Laboratory. A layer of protection analysis was performed to develop the performance requirements of the system. A design was developed that incorporated three independent protection layers including configuration-managed safeguards (for electrical hazards), a trapped key system, and a dual chain redundant safety instrumented system. Extensive value engineering was undertaken to supplement existing infrastructure to be compliant with current industry standards and best engineering practices. The development and design of the safety instrumented system is presented.