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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.
Aldo Dall'Osso
Nuclear Science and Engineering | Volume 154 | Number 2 | October 2006 | Pages 241-246
Technical Paper | doi.org/10.13182/NSE06-A2630
Articles are hosted by Taylor and Francis Online.
The accuracy of a neutronics model depends not only on the validity of the equations that are solved but also on the quality of the cross-section model. This last is currently constituted by a set of correlations, the parameterized tables, relating the data of the neutronics problem to the local conditions. The more the correlations represent the local conditions, the more the results will be accurate. For a simulation model, this means that the results will be closer to the measurements. The goal of the data identification method presented is to solve a constrained inverse problem and to obtain the parameters of some further correlations that will enhance the accuracy of the results. The constraint imposed minimizes the error committed in solving the diffusion equation, using as reference the results of a more accurate computer code or the measurements performed for in-core flux maps. Some purely numerical examples and an application in conjunction with in-core measurements illustrate the method.