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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.
Edward P. Naessens, Jr., Kenneth S. Allen, Brian E. Moretti
Nuclear Science and Engineering | Volume 152 | Number 3 | March 2006 | Pages 306-313
Technical Paper | doi.org/10.13182/NSE06-A2584
Articles are hosted by Taylor and Francis Online.
Current burnable absorbers such as boron carbide placed in the control rod guide tubes of fresh fuel assemblies create a water displacement penalty at end of cycle (EOC) that reduces the overall maximum cycle length of the reactor. Other burnable absorbers such as gadolinium-oxide mixed in the fuel do not create the water displacement penalty but create a lower centerline melt temperature for the fresh fuel and reduce the overall enrichment for the assembly. This research proposes using a transuranic (TRU) isotope with a relatively high absorption cross section such as 240Pu to reduce excess criticality within the reactor at beginning of cycle. The added benefit of using this TRU isotope over a standard burnable absorber is that when it absorbs a neutron it no longer negatively affects the criticality of the reactor, and it will transmutate into a fissile material that will add to the overall criticality of the reactor at EOC.