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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.
G. Kessler
Nuclear Science and Engineering | Volume 155 | Number 1 | January 2007 | Pages 53-73
Technical Paper | doi.org/10.13182/NSE07-A2644
Articles are hosted by Taylor and Francis Online.
This paper analyzes whether reactor plutonium after denaturing by increasing its isotopic content of 238Pu to 6 to 8% can be regarded as proliferation resistant. In this case the utilization of such denatured reactor plutonium would become unsuitable for a nuclear explosive device (NED) because the high-explosive lenses surrounding the plutonium would melt or their elevated temperature would lead to self-ignition. Eight different plutonium isotopic mixtures with increasing 238Pu content are analyzed, and their critical masses if surrounded by a 5-cm-thick reflector of natural uranium are determined. This allows calculation of the alpha-particle heat power generated in the plutonium sphere by 238Pu and other plutonium isotopes. Then, three levels of technology with regard to the size of such hypothetical NEDs (HNEDs) and the technological level of high explosives are defined. On the basis of material data available in the open scientific literature, the radial temperature profiles in such HNEDs of an assumed configuration are calculated, and it is found that for low-technology HNEDs the limiting temperatures are exceeded for a 238Pu content of 1.6%. For high-technology HNEDs these limiting temperatures are exceeded for a 238Pu content above ~6% or somewhat more. Such denatured plutonium can be considered as proliferation resistant, similarly as uranium with <20% 235U or <12% 233U.