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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.
D. Neudecker, R. Capote, D. L. Smith, T. Burr, P. Talou
Nuclear Science and Engineering | Volume 179 | Number 4 | April 2015 | Pages 381-397
Technical Paper | doi.org/10.13182/NSE14-6
Articles are hosted by Taylor and Francis Online.
Low evaluated uncertainties compared to experimental information and a strong model impact were observed in some prompt fission neutron spectrum (PFNS) evaluations that include mean values and covariances stemming from a rigid model. Here, we show by studying the 239Pu PFNS ENDF/B-VII.1 evaluation via generalized least-squares analyses that strong model correlations in combination with the normalization condition on the estimated PFNS and its covariances result in surprisingly low evaluated uncertainties. Furthermore, the model changes the evaluated results by >1σ of combined experimental uncertainties near the average outgoing neutron energy (~2 MeV). We show both analytically and by means of representative numerical examples that the normalization condition on the spectrum and its covariances naturally leads to uncertainties reduced by a fully positively correlated scaling uncertainty.