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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.
Tom Burr, Jeremy Conlin, Jianwei Hu, Jack Galloway, Vladimir Henzl, Howard Menlove, Martyn Swinhoe, Stephen Tobin, Holly Trellue, Timothy Ulrich
Nuclear Science and Engineering | Volume 172 | Number 2 | October 2012 | Pages 180-192
Technical Paper | doi.org/10.13182/NSE11-73
Articles are hosted by Taylor and Francis Online.
Estimating plutonium (Pu) mass in spent nuclear fuel assemblies (SFAs) helps inspectors ensure that no Pu is diverted. Therefore, nondestructive assay (NDA) methods are being developed to assay Pu mass in SFAs. Uncertainty quantification is an important task in most assay methods, and particularly for SFA assay. A computer model (MCNPX) is being used to predict isotope masses and the spatial distribution of masses in virtual SFAs for 64 combinations of initial fuel enrichment (IE), fuel utilization [burnup (BU)], and cooling time (CT) values. Additional MCNPX modeling for the same 64 virtual SFAs provided the expected detector responses (DRs) for several NDA techniques such as the passive neutron albedo reactivity method and the 252Cf interrogation with prompt neutrons method.A previous paper describes one uncertainty quantification approach involving Monte Carlo (MC) simulation using individually any of six new NDA options together with IE, BU, and CT. This paper provides an interpretation of the MC approach that is suited for a numerical Bayesian alternative, separately assesses the impact of MCNPX interpolation error, and compares several options to use subsets of IE, BU, CT, and one DR.