French multinational company Orano has been given the go-ahead to develop and operate a major uranium mine, in Mongolia....
The Tennessee Valley Authority has announced it is leading a bid for US$800 million in funding under the US Department of Energyâ€...
The Advanced Nuclear Research Centre at the University of Strathclyde has signed a memorandum of understanding on cooperation wit...
Mykkänen: Finland to Devise New Subsidy to Encourage Nuclear Power Build-Up; https://t.co/B5SpIKphVx #NuclearEnergy #NuclearPower #CleanEnergy
— TradeTech (@U3O8TradeTech) January 16, 2025
Uranium Primer - Uranium Prices Overview
TradeTech, through its predecessor the Nuclear Exchange Corporation, which later became known as NUEXCO, was the first organization to provide uranium prices, beginning in August 1968 with the NUEXCO Exchange Value as a measure of spot uranium prices and the NUEXCO Loan Rate as a measure of the annual percentage rate for natural uranium loans. During the 1970s, the NUEXCO Exchange Value began to be incorporated into many long-term uranium contracts as the settlement price for deliveries under those contracts.
Since 1968, NUEXCO, and then TradeTech, have added a series of uranium prices, to cover the full range of products and services in the “front end” of the nuclear fuel cycle (uranium, conversion, and enrichment [SWU]), for both the spot, mid-, and long-term markets.
Download PDF to read more about the history of the uranium prices