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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.
Geoffrey R. Bull, Jason O. Oakley, Michael L. Corradini
Nuclear Science and Engineering | Volume 180 | Number 3 | July 2015 | Pages 301-311
Technical Paper | doi.org/10.13182/NSE14-79
Articles are hosted by Taylor and Francis Online.
The fissioning of uranium in an aqueous solution creates 99Mo, the precursor to 99mTc, but also generates large amounts of hydrogen and oxygen from the radiolysis of the water. When the dissolved gases reach a critical concentration, bubbles will form in the solution, affecting both the fission power and the heat transfer out of the solution. A high aspect ratio tank was constructed to measure heat transfer from a liquid pool with internal gas and heat generation. Different air injection manifolds allowed the exploration of various bubble characteristics and bubble patterns on heat transfer from the pool to the cold walls. Experimental data analysis provided heat transfer coefficient values as a function of axial position, power density, and the superficial gas velocity in the pool. Results, including a recommended correlation for average heat transfer coefficients, are provided for superficial gas velocities between 0 and 0.3 cm/s and power densities between 115 and 400 W/ℓ in water.