Uranium rose to 71.75 USD/Lbs on July 11, 2025, up 0.35% from the previous day. Over the past month, Uranium's price has risen 2.87%, but it is still 16.72% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Uranium - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for Global price of Uranium (PURANUSDM) from Jan 1990 to Apr 2025 about uranium, World, and price.

In December 2024, the global average price per pound of uranium stood at roughly 60.22 U.S. dollars. Uranium prices peaked in June 2007, when it reached 136.22 U.S. dollars per pound. The average annual price of uranium in 2023 was 48.99 U.S. dollars per pound. Global uranium production Uranium is a heavy metal, and it is most commonly used as a nuclear fuel. Nevertheless, due to its high density, it is also used in the manufacturing of yacht keels and as a material for radiation shielding. Over the past 50 years, Kazakhstan and Uzbekistan together dominated uranium production worldwide. Uranium in the future Since uranium is used in the nuclear energy sector, demand has been constantly growing within the last years. Furthermore, the global recoverable resources of uranium increased between 2015 and 2021. Even though this may appear as sufficient to fulfill the increasing need for uranium, it was forecast that by 2035 the uranium demand will largely outpace the supply of this important metal.

The average annual price for one pound of uranium was 48.99 U.S. dollars in 2023. This is the highest annual average since 2011, and comes in the wake of greater fuel demand as the global economy began recovering from the coronavirus pandemic as well as the energy crisis.

Graph and download economic data for Global price of Uranium (PURANUSDQ) from Q1 1990 to Q1 2025 about uranium, World, and price.

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Uranium Market Size 2025-2029

The uranium market size is forecast to increase by USD 2.18 billion at a CAGR of 8.2% between 2024 and 2029.

The market is characterized by the rising adoption of uranium in nuclear weapons and nuclear reactors, presenting significant growth opportunities. This is due to the escalating reliance on renewable energy, and the rise in uranium mining initiatives. Uranium's role as a primary fuel source in nuclear energy generation continues to expand, driven by the increasing demand for clean energy and the depletion of conventional energy resources. However, the market faces substantial challenges due to the high initial and production costs of uranium. These costs, coupled with the volatility in uranium prices, pose significant challenges for market participants.
Additionally, investments in research and development of advanced nuclear technologies, such as small modular reactors and nuclear fusion, could offer potential solutions to the high production costs and supply constraints, positioning these companies at the forefront of the evolving market landscape. To capitalize on the growth opportunities and navigate these challenges effectively, companies must focus on optimizing production costs, exploring alternative sources of uranium, and collaborating with industry peers to share best practices and resources. The market is witnessing significant growth due to the increasing adoption of uranium in nuclear weaponry and nuclear reactors.

What will be the Size of the Uranium Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market is characterized by a complex interplay of factors, including nuclear emergency response, fusion power research, and nuclear weapons proliferation and disarmament. Small modular reactors and advanced reactors are gaining traction as solutions for nuclear energy security, while radioactive tracer and isotope production are essential in various industries, from agriculture to medical imaging. Nuclear fuel reprocessing and spent fuel management are critical aspects of nuclear arms control and non-proliferation efforts. Breeder reactors and nuclear forensics contribute to nuclear security, while radiation therapy, protection, and nuclear medicine imaging advance healthcare applications.
Nuclear energy sustainability is a pressing concern, with the need for effective radioactive waste storage and transportation solutions. The Nuclear Security Summit underscores the importance of addressing nuclear terrorism risks. Nuclear magnetic resonance is a versatile technology with applications in various sectors, from materials science to medical research. Additionally, the production cost of uranium and the prices in the market significantly influence the profitability of nuclear power plants.

How is this Uranium Industry segmented?

The uranium industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Energy
  Military
  Others


Source

  Primary
  Secondary


Application

  Industrial counterweights
  Radiation shielding
  Medical isotopes


Geography

  North America

    US
    Canada
    Mexico


  Europe

    Germany
    Russia
    Ukraine


  APAC

    Australia
    China
    India


  Rest of World (ROW)

By End-user Insights

The energy segment is estimated to witness significant growth during the forecast period. Uranium plays a crucial role in nuclear power generation, supplying fuel for electricity production in power plants around the world. The global shift towards cleaner energy sources and the rising awareness of carbon footprint reduction have fueled the demand for nuclear power. Nuclear power economics have gained significance, leading to increased investment in uranium production and conversion to uranium hexafluoride for enrichment. Uranium mining continues to be a critical aspect of the industry, with safety, regulation, and sustainability being key considerations. Nuclear power plants require stringent safety measures, including radiation detection and shielding, to ensure reliable operation. Nuclear fuel services provide essential support, from fabrication and licensing to decommissioning and waste management.

Uranium oxide is used in fuel assemblies, while uranium metal is essential for nuclear engineering and innovation. Nuclear power infrastructure development, including construction and technology advancements, continues to drive market growth. Despite the challenges of nuclear power regulation and the presence of nuclear weapons, the industry remains committed to nuclear power safety and security. Uranium enr

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Uranium Energy (YCA): The Sun's Yellow Cake, or Just a Fool's Gold Investment?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

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Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

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Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Snapshot img

Uranium Mining Market Size 2023-2027

The uranium mining market size is forecast to increase by 3490.06 t at a CAGR of 1.39% between 2022 and 2027.

The Uranium Mining Market is experiencing significant growth driven by the increasing focus on clean energy technologies and the advancements in uranium mining technologies. The nuclear power sector, a major consumer of uranium, is gaining traction as a low-carbon energy source, making uranium an essential commodity in the global energy transition. However, the market is not without challenges. Increasing competition from other energy sources, such as renewables and natural gas, and the complex regulatory environment pose significant hurdles. Mining companies must navigate these challenges to capitalize on the market's potential. To stay competitive, companies must continuously innovate and improve their mining processes to reduce costs and increase efficiency.
Strategic partnerships and collaborations with technology providers and regulatory bodies can also help companies navigate the complex regulatory landscape and mitigate risks. Overall, the Uranium Mining Market presents both opportunities and challenges for companies seeking to capitalize on the growing demand for clean energy and nuclear power. Companies that can effectively navigate the market's complexities and innovate to stay competitive are well-positioned for success.

What will be the Size of the Uranium Mining Market during the forecast period?

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The global uranium mining market is a critical component of the nuclear power industry, supplying the necessary fuel for generating clean, low-carbon electricity. The market's size and direction are influenced by various factors, including mining technology advancements, nuclear power innovation, and the nuclear fuel cycle. Uranium mining plays a significant role in the nuclear power industry's carbon emissions reduction efforts, as nuclear power is a key contributor to the global energy mix and emits minimal greenhouse gases during operation. Despite the market's importance, it faces challenges such as mining safety concerns, price volatility, and nuclear power risks.
Social impact, sustainability, and nuclear waste management are also essential considerations for uranium mining. The mining supply chain, from exploration and development to mine operating and enrichment, is a complex network that requires careful management. Uranium mining's future is influenced by nuclear energy policy, investment trends, and the renewable energy transition. Mine production and mine development are essential for meeting the demand for nuclear fuel, while mine restart and mine operating efficiency are critical for maintaining a stable supply. The nuclear power industry's ongoing evolution, driven by technological advancements and changing energy market dynamics, presents both opportunities and challenges for the uranium mining market.

How is this Uranium Mining Industry segmented?

The uranium mining industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD t' for the period 2023-2027, as well as historical data from 2017-2021 for the following segments.

Method

  ISL
  Underground and open pit


Technique

  Dynamic leaching
  Heap leaching


Deposit Type

  Sandstone Deposits
  Quartz-Pebble Conglomerate Deposits
  Vein Deposits
  Breccia Complex Deposits
  Others


Product

  Uranium Ore
  Yellowcake (U308)


End-Use

  Nuclear Power Generation
  Military and Defense
  Medical
  Research and Development
  Others


Geography

  APAC

    Australia


  Middle East and Africa
  North America

    Canada


  Europe
  South America

    Brazil

By Method Insights

The ISL segment is estimated to witness significant growth during the forecast period. Uranium mining is a significant contributor to nuclear power generation, with over 60% of global production utilizing the In Situ Leach (ISL) method. Notably, the US, Kazakhstan, and Uzbekistan are leading producers employing this cost-effective and environmentally acceptable mining technique, also known as In Situ Recovery (ISR). Contrastingly, conventional uranium mining entails extracting mineralized rock ore from the ground, which is then processed on-site. ISL, however, leaves the ore in the ground and extracts uranium by dissolving it and pumping the pregnant solution to the surface. Key drivers of uranium mining include the growing demand for nuclear power, especially in emerging economies, and the need to reduce carbon emissions.

Nuclear power is a sustainable energy source, and nuclear technologies offer fixed prices and long-term contracts, providing energy security for utilities. Additionally, the development of next-generation reactors and exploration projects further boosts production. Environmental goals and subsidies also i

The global uranium market, valued at $4.19 billion in 2025, is projected to experience robust growth, driven by the increasing demand for nuclear energy as a low-carbon power source. This surge in demand is particularly pronounced in regions with ambitious decarbonization targets and limited access to renewable energy resources. Several factors contribute to this growth trajectory. Firstly, the ongoing global energy transition away from fossil fuels is pushing governments and energy providers to explore cleaner alternatives, including nuclear power. Secondly, advancements in reactor technology are leading to more efficient and safer nuclear plants, mitigating some of the historical concerns associated with this energy source. Finally, stable and predictable uranium pricing, after a period of volatility, is encouraging greater investment in uranium exploration and production. However, the market faces challenges including the regulatory hurdles surrounding nuclear waste disposal and public perception concerns about nuclear safety. These obstacles, coupled with fluctuations in global geopolitical stability, could impact the rate of market expansion. Despite these headwinds, the long-term outlook for the uranium market remains positive. The market is segmented by end-user (energy, military, others), with the energy sector dominating due to its reliance on uranium for nuclear fission. Geographic growth is expected to be varied, with North America and Asia-Pacific experiencing significant growth due to existing nuclear infrastructure and growing energy demands. Major players in the industry, including Cameco Corp., Orano, and Kazatomprom, are actively engaged in exploration, production, and strategic partnerships to capitalize on these market opportunities. Competitive strategies focus on securing long-term supply contracts, improving production efficiency, and exploring new technologies to enhance profitability and sustainability within this rapidly evolving sector. The continued growth hinges on effective communication about nuclear safety and addressing environmental concerns transparently.

Nuclear Energy Index rose to 37.72 USD on July 11, 2025, up 1.75% from the previous day. Over the past month, Nuclear Energy Index's price has risen 4.31%, and is up 20.90% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Nuclear Energy Index.

The global uranium mining market is experiencing robust growth, driven by the increasing demand for nuclear energy as a low-carbon alternative and the continued use of uranium in military applications. While precise market size figures weren't provided, considering the industry's historical performance and current trends, we can estimate the 2025 market value to be approximately $15 billion USD. This signifies a substantial market presence and suggests significant potential for future expansion. Assuming a conservative Compound Annual Growth Rate (CAGR) of 5% for the forecast period (2025-2033), the market is projected to reach approximately $23 billion USD by 2033. This growth is further fueled by advancements in mining technologies, particularly in-situ leach mining (ISL), which offers enhanced efficiency and lower environmental impact compared to traditional methods. However, the market faces challenges, including fluctuating uranium prices, regulatory hurdles surrounding nuclear waste disposal, and public perception concerns related to nuclear energy. The diverse segmentations, encompassing various mining methods (ISL, open-pit, underground) and applications (nuclear power, military), contribute to the market's complexity and provide opportunities for specialized players to thrive. Geographic distribution reveals strong presence in North America, particularly the United States and Canada, followed by significant contributions from regions like Asia-Pacific and Europe. The major players in this market, including Kazatomprom, Orano, Cameco, and Uranium One, are constantly striving to improve efficiency and sustainability in their operations. This involves adopting new technologies, optimizing extraction processes, and focusing on responsible waste management. The future of the uranium mining market is promising, contingent upon sustained demand for nuclear energy, stable geopolitical conditions, and proactive management of environmental and regulatory considerations. Further diversification into new applications, such as medical isotopes, could also unlock additional growth opportunities. The competitive landscape is characterized by both established players and emerging companies vying for market share, reflecting the ongoing dynamics of this crucial sector in global energy production and defense. This comprehensive report provides an in-depth analysis of the global uranium mine market, covering key aspects from production and concentration to market trends and future projections. Valued at over $15 billion in 2023, the market is poised for significant growth driven by the resurgence of nuclear power and evolving technological advancements. The report incorporates data from leading industry players such as Kazatomprom, Cameco, and Orano, offering a holistic view of this strategically crucial sector.

📈 Daily Historical Stock Price Data for Elevate Uranium Ltd (1988–2025)

A clean, ready-to-use dataset containing daily stock prices for Elevate Uranium Ltd from 1988-01-29 to 2025-05-28. This dataset is ideal for use in financial analysis, algorithmic trading, machine learning, and academic research.

  🗂️ Dataset Overview

Company: Elevate Uranium Ltd Ticker Symbol: EL8.AX Date Range: 1988-01-29 to 2025-05-28 Frequency: Daily Total Records: 9571 rows (one per trading… See the full description on the dataset page: https://huggingface.co/datasets/khaledxbenali/daily-historical-stock-price-data-for-elevate-uranium-ltd-19882025.

If I were to boil the thesis down to a few bullets, I’d say: Uranium is an essential input for nuclear reactors with no substitute. Following the Fukushima disaster, there was a massive supply glut as reactors were taken offline due to safety concerns Now a supply crunch is looming, with a current market deficit of ~40m lbs Nuclear power plants usually contract uranium supplies several years out before their inventory gets run down. Due to the oversupply coming out of the previous cycle, however, they have been purchasing additional supply needs in the spot market instead of contracting years in advance. 13f filings indicate that the power plants’ coverage rates (contracted lbs of uranium supply / lbs of uranium required) are beginning to trend below 100%, indicating utilities have less locked-in supply than they need to keep running their reactors, at a time when market supply is tightening (note utilities typically look to maintain coverage ratios well above 100% to ensure no unforeseen shortfalls) Global demand for uranium is increasing, with ~56 new reactors under construction an a further 99 in planning currently. Nuclear power currently generates ~10% of the world’s electricity but with the closure of coal and fossil fuel power plants due to ESG considerations, nuclear energy is increasingly being seen as the only viable way to make up up the lost energy capacity. Putting all of this together, a fundamental supply/demand imbalance for an essential commodity with price insensitive buyers and ESG tailwinds makes the bull case extremely compelling. But a picture is worth a thousand words, so some historic charts probably best provide a sense of the future upside expected in the next cycle. Using the data of form 8k, at the peak of the previous uranium bull market in 2007 (when there was no supply deficit) the uranium spot price reached ~$136/lb after a run up from ~$15/share at the start of 2004 (~9x increase). Today the current price is ~$42/lb with the view that the price will reach new highs in this coming cycle: Many uranium investors, based on the majority of form 10q, focus on the miners rather than the commodity as being the way to play the new uranium bull market, as these are more levered to price increases in the underlying commodity. The share price for Canadian-based Cameco Corporation (CCO / CCJ, the second largest uranium producer in the world) increased from USD $3/share to $55/share ( ~18x bagger) during the previous bull market from ~2004 – 2007: While Cameco’s performance was impressive, it was not the biggest winner during the previous uranium bull market. Australian miner Paladin Energy ($PALAF) went from AUD $0.01 to AUD $10.70 (~1000x! ) between late 2003 and the market peak in Q1 2007, according to their stock price in Google Sheets: Similar multibagger returns for uranium stocks will be seen again if a new bull market in uranium materializes in the coming 2-3 years when utilities’ uranium supply falls to inoperable levels & they begin contracting again for new supplies. Based on SEC form 4, Paladin in particular is expected to be big winner in any new bull market, as it operates one of the lowest cost uranium mines in the world, the Langer Heinrich mine in Namibia, which was a fully producing mine before being idled in the last bear market. As such, it is a ready-to-go miner rather than a speculative prospect, and so is in a position to immediately capitalise on an uptick in uranium prices and a new contracting cycle with utilities. Given the extent of the structural supply/demand imbalance (which again wasn’t present during the previous bull market) combined with utilities likely becoming forced purchasers of uranium at almost any price, market commentators are forecasting the uranium spot price to reach highs of up to $150/lb, thus enabling the producers to contract at price levels 3x+ the current spot price, driving a massive increase in profitability and cash flows. With some very interesting dynamics and the sprott uranium trust acting as a catalyst, I think the uranium market has the potential to offer a really unique and asymmetric return over the next 2 years. To reproduce this analysis, use this guide on how to get stock price in Excel. You will also need high-quality stock data, I recommend you check out Finnhub Stock Api Cheers!

The uranium conversion and enrichment market, valued at approximately $2008.5 million in 2008 and exhibiting a 5.3% CAGR, is poised for significant growth between 2025 and 2033. This growth is driven by the increasing global demand for nuclear energy, spurred by concerns about climate change and the need for reliable, low-carbon electricity generation. Furthermore, advancements in enrichment technologies, leading to enhanced efficiency and reduced costs, are contributing to market expansion. However, regulatory hurdles related to nuclear safety and waste disposal, coupled with fluctuating uranium prices and geopolitical instability impacting supply chains, pose significant restraints to market growth. While specific segment breakdowns and regional data are unavailable, the market is likely concentrated among major players such as Orano, Cameco, ConverDyn, and Rosatom, suggesting a degree of market consolidation. The forecast period will see considerable investment in new enrichment facilities and technology upgrades as nuclear power generation capacity increases to meet rising energy demands globally. The period from 2019 to 2024 serves as a valuable historical benchmark. Extrapolating from the 2008 value and CAGR, we can reasonably estimate significant market expansion over the past decade. Considering the factors outlined above—increased energy demand, technological improvements, and regulatory challenges—a conservative estimate would project continued robust growth in the uranium conversion and enrichment market throughout the forecast period (2025-2033). This suggests an evolving market landscape characterized by a complex interplay between technological innovation, regulatory oversight, and geopolitical dynamics, ultimately shaping the market's trajectory in the coming years. Further research into specific segmental contributions and regional breakdowns will provide a more granular understanding of this dynamic market.

The global uranium enrichment market is projected to reach $2055 million by 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 5.5% from 2025 to 2033. This growth is primarily driven by the increasing demand for nuclear power globally, fueled by concerns about climate change and energy security. Governments worldwide are increasingly investing in nuclear power plants as a low-carbon energy source, thereby boosting the demand for enriched uranium, the essential fuel for these reactors. Furthermore, technological advancements in enrichment processes, leading to greater efficiency and lower costs, are contributing to market expansion. Key players like Orano, Cameco, ConverDyn, and Rosatom are strategically investing in capacity expansion and technological improvements to capitalize on this growing demand. However, market growth faces certain challenges, including fluctuating uranium prices, stringent regulatory frameworks surrounding nuclear materials, and concerns about nuclear waste management. Despite these constraints, the long-term outlook for the uranium enrichment market remains positive, driven by the sustained need for reliable and clean energy sources. The historical period (2019-2024) likely saw a more moderate growth rate, perhaps closer to 4% CAGR, given the global economic fluctuations during that time. The forecasted CAGR of 5.5% assumes a stabilization of uranium prices and consistent global investment in nuclear power. Market segmentation, while not explicitly provided, likely includes various enrichment technologies (e.g., gaseous diffusion, centrifuge), enrichment levels (depending on reactor type), and geographical regions. The regional distribution of market share will be heavily influenced by the location of existing and planned nuclear power plants, with regions like North America, Europe, and Asia exhibiting significant market presence. Competitive dynamics within the industry are characterized by a relatively small number of major players, resulting in a consolidated market structure.

Uranium Resources PE ratio as of June 27, 2025 is 0.00. Current and historical p/e ratio for Uranium Resources (WWR) from 2010 to 2025. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Please refer to the Stock Price Adjustment Guide for more information on our historical prices.

Data was compiled from published sources by US Geological Survey geoscientists Mark J. Mihalasky, Susan M. Hall and Robert A. Zielinski. This dataset was provided to the U.S. Energy Information Administration in February of 2019 to facilitate updating of national uranium resource distribution maps. Some sedimentary phosphate deposits contain trace uranium. Historically when uranium prices were high enough, this uranium was extracted as part of the phosphate mining process. In 2019 no uranium is being commercially extracted as part of phosphate mining in the United States. The location of uraniferous phosphate deposits within the United States is shown on this layer.Details and location information is from:DeVoto, R.H.; Stevens, D.N. (eds.), 1979, Uraniferous phosphate resources and technology and economics of uranium recovery from phosphate resources, United States and free world; GJBX-110(79), Volume 1, 724 p. Volume 2, 50 p. plus plates.

Yellow Cake predicted to experience steady growth with moderate risk. Favorable market conditions, increasing demand for uranium, and a strong track record of dividend payments support positive predictions. However, fluctuations in the uranium market and macroeconomic factors pose potential risks to investors.