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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.
Mark L. Williams
Nuclear Science and Engineering | Volume 155 | Number 1 | January 2007 | Pages 18-36
Technical Paper | doi.org/10.13182/NSE06-11
Articles are hosted by Taylor and Francis Online.
Equations for sensitivity coefficients of eigenvalue-difference responses such as reactivity are derived from a unified approach based on both eigenvalue and generalized perturbation theory. The sensitivity coefficients are utilized for uncertainty analysis of reactivity responses, and it is shown that these types of responses have inherently larger relative uncertainties than eigenvalue responses. Monte Carlo calculations are used to apply the methodology to the analysis of the coolant void reactivity in a three-dimensional model of a fuel bundle in an advanced CANDU reactor system. The important data sensitivities are identified, and it is shown that the coolant void reactivity has a large uncertainty due to nuclear data uncertainties.