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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.
I. Pázsit, Y. Yamane
Nuclear Science and Engineering | Volume 133 | Number 3 | November 1999 | Pages 269-281
Technical Paper | doi.org/10.13182/NSE99-A2087
Articles are hosted by Taylor and Francis Online.
The Feynman- and Rossi-alpha formulas are calculated for subcritical systems driven by a multiple emission source, i.e., one that emits several neutrons on each source emission event. The prime example of such sources is a spallation source, which will be used in future accelerator-driven subcritical systems (ADS), such as the energy amplifier. The Feynman- and Rossi-alpha formulas are calculated with backward master equations for such systems. The essence of the theory is a formula that connects the probability distribution of a cascade, induced by one single particle, with that induced by a continuous source of particles. Compact and consistent expressions are found for both the Feynman- and Rossi-alpha formulas. In agreement with earlier forward-theory-based or heuristic calculations, it is shown that the presence of the spallation source does not alter the time-dependence of the formulas, but enhances its amplitude. Hence, both methods appear to be promising to be used in future stationary ADS systems with relatively large subcriticalities.