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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.
Liu Xiaobo, Peng Xianjue, Lei Jiarong, Fan Xiaoqiang, Du Jinfeng, Gao Hui
Nuclear Science and Engineering | Volume 181 | Number 1 | September 2015 | Pages 96-104
Technical Paper | doi.org/10.13182/NSE14-100
Articles are hosted by Taylor and Francis Online.
Based on a new experimental method implemented for validating neutron initiation probability, a set of burst initiation probability experiments (128 bursts) that were initiated by simultaneously injecting pulsed neutrons just as the reactor achieves the prompt supercritical state of 0.042 $ has been carried out at the CFBR-II (Chinese Fast Burst Reactor–II). The experimental configuration and procedures remained the same throughout the entire set of experiments. Based on the measured data, each burst was tallied by judging whether or not the burst was initiated by the pulsed neutrons. With the injection of pulsed neutrons (the equivalent strength of the neutrons is 1230), the tallies of the burst initiated by pulsed neutrons were 44, and hence, the experimental result of initiation probability is 0.344, which is 27% more than the theoretical calculation result of 0.271. Some factors that influence the experimental results are discussed. The discrepancy is attributed mainly to neutrons that are scattered and returned from the environment during the injection of pulsed neutrons and the statistical deviation.