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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.
Dan Shen, Germina Ilas, Jeffrey J. Powers, Massimiliano Fratoni
Nuclear Science and Engineering | Volume 195 | Number 8 | August 2021 | Pages 825-837
Technical Paper | doi.org/10.1080/00295639.2021.1880850
Articles are hosted by Taylor and Francis Online.
The deployment of molten salt reactors requires validation of the computational tools used to support the licensing process. The Molten Salt Reactor Experiment (MSRE), built and operated in the 1960s, offers a unique inventory of experimental data for reactor physics benchmarks. The first benchmark based on the MSRE appeared in “The 2019 Edition of the IRPhEP [International Reactor Physics Experiment Evaluation Project] Handbook.” The benchmark refers to the first criticality experiment at zero power, stationary salt, and uniform temperature with 235U fuel. Simulations carried out for the developed benchmark model with the Monte Carlo code Serpent and ENDF/B-VII.1 cross-section library found that the calculated neutron multiplication is 1.02132 (±3 pcm) and that the combined bias of the model and experimental uncertainty is below 500 pcm. Such discrepancy between the experimental and calculated keff is not uncommon in benchmarks for graphite-moderated systems. The model created through this effort paves the way to additional benchmarks targeting reactor physics quantities of interest beyond multiplication factor.