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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.
T. Kawano, K. M. Hanson, S. Frankle, P. Talou, M. B. Chadwick, R. C. Little
Nuclear Science and Engineering | Volume 153 | Number 1 | May 2006 | Pages 1-7
Technical Paper | doi.org/10.13182/NSE06-A2589
Articles are hosted by Taylor and Francis Online.
We present an approach to uncertainty quantification for nuclear applications that combines the covariance evaluation of differential cross-section data and the error propagation from matching a criticality experiment using a neutron-transport calculation. We have studied the reduction in uncertainty of 239Pu fission cross sections by using a one-dimensional neutron-transport calculation with the PARTISN code. The evaluation of 239Pu differential cross-section data is combined with a criticality measurement (Jezebel) using a Bayesian method. To quantify the uncertainty in such calculations, we generate a set of random samples of the cross sections, which represents the covariance matrix, and estimate the distribution of calculated quantities, such as criticality. We show that inclusion of the Jezebel data reduces uncertainties in estimating neutron multiplicity.