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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.
Chang-Ho Lee, Thomas J. Downar
Nuclear Science and Engineering | Volume 146 | Number 2 | February 2004 | Pages 176-187
Technical Paper | doi.org/10.13182/NSE04-A2401
Articles are hosted by Taylor and Francis Online.
A hybrid nodal diffusion/simplified P3 (SP3) method was implemented within the framework of a one-node coarse-mesh finite difference formulation. The one-node formulation enables the use of various combinations of space, energy, and angular approximations within the framework of the one-node global/local solution approach. Spatial approximations include advanced nodal methods and fine-mesh finite difference methods. Energy approximations involve conventional two-group and multiple energy groups. Angular approximations contain both the diffusion and SP3 methods. Partial-moment boundary conditions are used to solve the one-node problems since they simplify the formulation of consistent interface conditions for the various methods. All directional moments are determined simultaneously to stabilize convergence of the one-node global/local solution approach. Results for a light water reactor mixed-oxide benchmark problem indicate that the hybrid application of the one-node-based nodal SP3 method developed here can provide substantial reductions in the computational time without compromising the accuracy of the solution.