
While the uranium market has slowed recently as participants assess the potential impact of the USA’s tariff agenda on nuclear f...
US President Donald Trump announced Wednesday that he will impose a 10% tariff on imports from all countries around the world and ...
The Ministry of Trade and Integration of the Republic of Kazakhstan commented on the introduction of US customs duties the import ...
Uranium Market Fluctuates Amid Production Concerns and Tariff Decisions; https://t.co/3mwyjRhsOH #Uranium #UraniumSpot #NuclearEnergy
— TradeTech (@U3O8TradeTech) April 2, 2025
Uranium 101 - The Nuclear Fuel Cycle
The nuclear fuel cycle for the light water reactor (LWR), the most prevalent in use today, is illustrated in the figure below. The cycle consists of a “front end” that comprises the steps necessary to prepare nuclear fuel for reactor operation and a “back end” that comprises the steps necessary to manage the spent nuclear fuel, which is highly radioactive. It is possible, as shown, to extract the unused uranium and plutonium from spent nuclear fuel through chemical reprocessing and to recycle the recovered uranium and plutonium as nuclear fuel.