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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.
François Bachoc, Karim Ammar, Jean-Marc Martinez
Nuclear Science and Engineering | Volume 183 | Number 3 | July 2016 | Pages 387-406
Technical Paper | doi.org/10.13182/NSE15-108
Articles are hosted by Taylor and Francis Online.
It is now common practice in nuclear engineering to base extensive studies on numerical computer models. These studies require running computer codes in potentially thousands of numerical configurations and without expert individual controls on the computational and physical aspects of each simulation. In this paper, we compare different statistical metamodeling techniques and show how metamodels can help improve the global behavior of codes in these extensive studies. We consider the metamodeling of the Germinal thermomechanical code by Kriging, kernel regression, and neural networks. Kriging provides the most accurate predictions, while neural networks yield the fastest metamodel functions. All three metamodels can conveniently detect strong computation failures. However, it is more challenging to detect code instabilities, that is, groups of computations that are all valid but numerically inconsistent with one another. For code instability detection, we find that Kriging provides an interesting tool.