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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.
A. M. M. Ali, Hanaa H. Abou-Gabal, Nader M. A. Mohamed, Ayah E. Elshahat
Nuclear Science and Engineering | Volume 195 | Number 5 | May 2021 | Pages 509-519
Technical Paper | doi.org/10.1080/00295639.2020.1839248
Articles are hosted by Taylor and Francis Online.
The neutron spectrum is an essential factor in making possible the increase of 233U isotope breeding from thorium fuel in an accelerator-driven subcritical (ADS) system; therefore, studying the effects of various moderators and coolants on 233U breeding is an important step in ADS performance. This study aims to evaluate the effect of using different moderators and coolants on the ADS system characteristics. Sodium, which was the most common coolant used in ADS reactors, was replaced by light water (LW) and graphite + CO2, separately. In this study, we used uranium nitride as the seed fuel associated with ThO2 as the blanket fuel for all cases. The Monte Carlo transport code MCNPX 2.7.0 was used to calculate neutronic parameters such as effective multiplication factor (Keff), power peaking factor (Pmax/Pav) in the radial direction of the ADS reactor core, actinide isotope evolution during fuel burnup, and power fraction from each fuel type for all cases. The results show that the utilization of graphite as the moderator with CO2 as the coolant allows more 233U production in thorium fuel compared with sodium and LW. On the other hand, LW showed great ability for plutonium and minor actinide transmutation and for energy generation.