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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.
C. E. Kessel, T. Bohm, M. S. Tillack, P. Titus, Y. Zhai
Fusion Science and Technology | Volume 77 | Number 7 | October-November 2021 | Pages 519-531
Technical Paper | doi.org/10.1080/15361055.2021.1909988
Articles are hosted by Taylor and Francis Online.
Restraining the size of fusion power plants is considered an important avenue to make them a competitive energy source among other forms of energy production. The most critical contributor to the size of a tokamak is the inboard radial build, composed of multiple components with various functions. This build is the ultimate limit to size reduction. The Fusion Nuclear Science Facility is reviewed and each element of the inboard build is described, showing that the build, including breeding blanket, structural ring, vacuum vessel, low-temperature shield, and toroidal field and central solenoid (CS) coils, contributes 2.9 m of build, with 0.6 m of bore hole inside the CS coil, or 3.5 m to reach the plasma scrape-off layer. This implies that it would be challenging to make a significantly smaller build and simultaneously meet all the engineering requirements.