Uranium nuclear power plant

Uranium Price Outlook

Uranium prices rose in recent weeks as Cameco Corporation, the world’s largest publicly traded uranium company, extended a mine shutdown indefinitely in Canada. On 3 August, uranium traded at USD 23.8 per pound, which was 4.6% higher than on the same day last month. The price was up 0.2% on a year-to-date basis and was 18.1% higher than on the same day in 2017. On 25 July, Cameco Corporation cited the continued global uranium supply glut as the reason for its indefinite shutdown of the McArthur River and Key Lake mine. The mine, which accounted for 13% of global production in 2012, had its operations initially suspended in November 2017 for 11 months. The announcement closely coincided with the decision by the U.S. government on 18 July to open an investigation into whether uranium imports are a national security threat, which could result in import tariffs.

Uranium Price History Data (USD per pound, aop)

2013  2014  2015  2016  2017  
Uranium38.66  33.44  36.81  26.45  22.06  

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities.

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Uranium Historical Price Chart


Uranium historical price chart
Note: Uranium U308, prices in USD per pound (lb). Daily prices.

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities

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