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.

Imports of Uranium ores and concentrates in Namibia 2007-2018: Imports, Imports By Country, Import Prices By Country

Imports of Uranium ores and concentrates in Tanzania 2007-2018: Imports, Imports By Country, Import Prices By Country

An area centred ~100 km north-east of Leigh Creek was taken up to explore for possible economic buried secondary uranium mineralisation that could be present within Cenozoic to Mesozoic palaeochannels which cross the area and originate from known... An area centred ~100 km north-east of Leigh Creek was taken up to explore for possible economic buried secondary uranium mineralisation that could be present within Cenozoic to Mesozoic palaeochannels which cross the area and originate from known highly uraniferous, formerly uplifted and exposed Proterozoic to early Palaeozoic intrusive igneous basement rocks of the Mount Painter Inlier. During the first licence year, the licensee performed an office-based compilation and review of all historical geophysical and geological data only. No field work was done during the remainder of the tenure period, because of a depressed uranium market price leading to diminished interest in the commodity within the exploration industry. For this reason a planned farm-out of the tenement was also not progressed. At the end of the licence term a decision was made to allow tenure to lapse.

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Radioactive Materials Logistics Market 2024-2028

The radioactive materials logistics market size is forecast to increase by USD 1.45 billion, at a CAGR of 5.92% between 2023 and 2028. Several factors play a crucial role in the market's growth, such as the anticipated growth in the number of nuclear power plants, the increasing demand for radioactive materials logistics from the healthcare industry, and the growing production of uranium.

The report offers extensive research analysis on the market with a categorization based on End-user, including healthcare, industrial, agriculture, and others. It further segments the market by Type, encompassing waste materials, spent nuclear fuel, and fresh fuel. Additionally, the report provides Region segmentation, covering APAC, Europe, North America, Middle East and Africa, and South America. Market size, historical data (2018-2022), and future projections are presented in terms of value (in USD billion) for all the mentioned segments.

What will be the Size of the Market During the Forecast Period?

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Market Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

One of the key factors driving the market growth is the growing production of uranium. The production of uranium is increasing due to the increased demand from various sectors, including medicine and electricity generation. In addition, the production of uranium is rising because new mines are being opened. Furthermore, the demand for uranium is closely tied to the global energy landscape.

Moreover, as countries seek to diversify their energy sources and reduce carbon emissions, there may be an increased interest in nuclear power, leading to higher demand for uranium. For instance, uranium is used in around 20 countries, and approximately 51% of world production comes from just ten mines in four countries such as Canada, Australia, Kazakhstan, and Namibia. Hence, such factors are positively impacting the market which in turn drives the market growth during the forecast period.

Key Market Trends

A key factor shaping the market growth is the growing demand for radioactive waste logistics. Radioactive waste is essentially a byproduct after a nuclear reaction in applications of nuclear fission or nuclear technology, including energy generation. In addition, this radioactive waste is hazardous to all forms of life and the environment, and therefore, it is regulated by government agencies to protect human health and the environment.

Moreover, radioactive waste is mainly stored in a place where it is allowed to decay naturally. In addition, such waste remains radioactive for a very long time. Furthermore, it is difficult to find a disposal facility for radioactive waste. Usually, a disposable facility should be able to contain waste for a long time and is chosen based on the type of waste being disposed of. Hence, such factors are driving the market growth during the forecast period.

Major Market Challenge

Stringently regulated transportation of radioactive materials is one of the key challenges hindering market growth. Radioactive materials comprise a small portion of all dangerous materials shipped each year. For instance, in the US, which is one of the world's largest producers of nuclear power, around 0.5%-3% of dangerous materials that are shipped are radioactive.

Moreover, the lack of harmonization and over-regulation in transport authorization, especially between countries, has a substantial risk from the perspective of security. In addition, several layers of regulation and an absence of international consistency are hindrances that can deter companies from executing shipments. Furthermore, shipments are sometimes denied as certain national authorities are not recognized by other countries. Hence, such factors are hindering the market growth during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Agility Public Warehousing Co. K.S.C.P: The company offers radioactive material logistics such as transportati

BEVERLEY, uranium mineralisation hosted by confined, valley fill fluviatile sands of the lower "upper unit" of the Miocene Namba Formation in the informally named South and Central channels. The deposit was discovered in 1969 after systematic... BEVERLEY, uranium mineralisation hosted by confined, valley fill fluviatile sands of the lower "upper unit" of the Miocene Namba Formation in the informally named South and Central channels. The deposit was discovered in 1969 after systematic drilling away from the Mount Painter Complex. Four ore lenses occur in sand bodies in an inferred NE-trending half graben within the Paralana to Wertaloona Structural Zone, and within a palaeo-drainage about 500 m wide (Beverley Corridor Palaeochannel). Mineralisation is sub-parallel to the Poontana Fault. The Poontana Fault zone is a near-vertical fault that lies immediately to the west of the ore body. Vertical movement along the fault zone appears to have taken place during sedimentation and this appears to have controlled the distribution of the sediments and palaeochannels. The sand lenses formed a pressure aquifer with three palaeochannels comprising the Beverley aquifer. The aquifer is isolated from the Great Artesian Basin groundwater ~150m below, and the small aquifers of the Willawortina Formation above used for stock watering. The mineralisation is located within 3 main orebodies, north, central, and south, in oxidation interfaces trending NNE for ~4 km. Mineralisation occurs at an average depth of 107 m within 4 sand bodies, each up to 10 m thick within a 40 m wide palaeochannel. The ore bodies are overlain by 110-140 m of well clay-bound sands and gravels, and thinner clays. Impermeable, plastic clay and silt separate the aquifer from the underlying Great Artesian Basin. The principal ore mineral is coffinite, an uraniferous hydrosilicate. The uranium was derived by the primary leaching of Proterozoic basement rocks in the Mount Painter uranium field which hosts small uranium deposits in hematite-rich breccias. The total resource was estimated at 7.7 million tonne (Mt) @ 0.27% U3O8 for a contained uranium oxide value of ~21,000 tonne of U3O8 (Heathgate Resources website, 2006). Heathgate Resources Pty Ltd acquired the deposit in 1990, and received Commonwealth and State environmental clearances in April 1999. It was Australia's first uranium mine using in situ leach (ISL) techniques, and was opened in February 2001. Anticipated full production was 1000 tonne/year of U3O8. Production for the period 2001-14 was 8824 tonne U3O8 (includes production of 25 tonne from Pepegoona, ie Beverley North ). Production was suspended December 6 2013 as resources became depleted. The 2018 PEPR records remaining resource is depleted at UOC sales price of US$40/Ib. At US$40/Ib some consideration could be given to mining orebody extensions not yet mined. In 2008 the Beverley Uranium Mine Extension was approved. Near mine exploration continued with uranium mineralisation identified extending east of the mining lease (Beverley East), and also to the south in an area known as Deep South. Satellite deposits at Pepegoona and Pannikan commenced production in 2010, and 2011 respectively, with Pannikan shut down on 16 July 2013, and Pepegoona on 28 January 2014

In value terms, uranium and thorium ores and concentrates imports totaled $864M in 2016. Overall, uranium and thorium ores and concentrates imports continue to indicate a slight growth. Global uranium...

An area comprising two separate sub-blocks located in the northern Flinders Ranges, which adjoins outside the western outcrop edge of the Mount Painter Inlier, has been taken up to explore for possible buried primary, bedrock-hosted vein or... An area comprising two separate sub-blocks located in the northern Flinders Ranges, which adjoins outside the western outcrop edge of the Mount Painter Inlier, has been taken up to explore for possible buried primary, bedrock-hosted vein or breccia hosted uranium mineralisation, and for primary uranium oxide forming part of possible IOCG style mineral occurrences, besides also, any epigenetic hydrothermal copper and/or gold occurrences that may exist within Adelaidean cover metasediments. During the first licence year, in May 2011, licence operator Core Exploration (Core) undertook first-pass field geological mapping and geochemical sampling, firstly to follow up a DMITRE government geologist's 1991 report of a rock chip sample containing 56 ppm U, 290 ppm V and 1.6 ppm Ag, that had been taken from deformed porphyry at a location now lying within the northern sub-block of EL 4569, and secondly to follow up another sample, anomalous in copper, reported to originate from a location now within the southern sub-block of EL 4569. Core identified a chloritised schistose ?mafic shear zone situated near where the anomalous uranium sample had been collected, and sampling of this altered zone returned 10.5% Cu from a malachite-bearing rock sample, plus also uranium values ranging up to 626 ppm U from elsewhere within this zone. Other similar roughly east-west trending narrow shear zones were also seen in the Year 1 mapping, that appear to probably be related to several recorded copper and uranium mineral occurrences and abandoned small historic workings located in places just outside the licence area. During licence Year 2, Core continued to do field geological mapping and rock chip geochemical sampling. Close to where the 10.5% Cu malachite-bearing sample was found the previous year, further prospecting revealed other malachite occurrences and some highly uraniferous outcrops, which yielded rock chip sample assay results of up to 0.336% U3O8. In addition, 0.37 g/t Au was returned from rock chip samples collected from the western end of the altered shear zone. This find led to the geochemically anomalous host mafic schist unit being classified as a Cu-Au-U target called the Scott Lee prospect. An observed association at the prospect of magnetite, occurring in irregular boudins within the schist at its contact with the country rock granite, which is the same geological setting as that of the malachite-bearing samples, suggested to the licensee that the distribution of copper mineralisation may be further defined through magnetics. Accordingly, during August-September 2012, it acquired part of a 3046 line km detailed low level helimag survey at 25 m and 50 m flight line spacing across much of the northern sub-block of the licence, after first conducting three trial prospect-scale anomaly definition ground magnetic surveys along NW-SE orientated lines spaced 100 m apart and closing to 25 m apart. A number of untested magnetic anomalies were defined by the helimag coverage that are consistent with the location and orientations of the area's geology and especially the shear zones as identified by mapping. Utilising the initial ground magnetic data, Core next performed targeted mapping and sampling at those surveyed magnetic anomalies. At an anomaly called Choppy, one particular malachite/azurite-bearing haematitic rock chip sample yielded assay values of 6.5 % Cu and 0.85 g/t Au. This sample came from within intensely altered and east-west striking sheared magnetic granite. Another five magnetic anomalies in the surrounding area were briefly inspected and sampled, and seemed to reflect rock bodies which are of similar nature to Scott Lee and Choppy prospects, but which at this point had a lesser known Cu-Au-U geochemical tenor. Based on these encouraging results, Core decided to drill test the northern licence sub-block magnetic anomalies during 2013. In preparation for this proposed ground disturbing work program, the company undertook two Native Title clearance surveys in accordance with the Work Area Clearance Agreement that it already had in place with the Adnyamathanha Traditional Lands Association. The proposed drill sites were all cleared for drilling, with only limited earthworks needed to establish them. During licence Year 3, Core conducted two campaigns of exploratory RC drilling at six of its prospects, in November 2012 and March-April 2013. A total of 52 inclined holes for 3738 m were drilled, and discovered minor moderate to high grade uranium mineralisation within a sheared 2-15 m wide Proterozoic doleritic schist unit that outcrops over a distance of ~1-2 km and was interpreted to dip steeply to the south. The fault offset metasediment outcrop has patchy anomalous copper (quartz with malachite) and uranium (in pyrite) mineralisation at its contact with surrounding chlorite altered granites. The main prospect tested was Scott Lee, where 29 holes were drilled, obtaining mineralised intercepts which included 11 m @ 1309 ppm U3O8 (across strike in hole SLRC008) and 60 m @ 480 ppm U3O8 (down plunge in hole SLRC028). From these results Core interpreted that, despite the doleritic chlorite schist at Scott Lee being relatively thin, the target would remain open at depth as well as along strike. Other drilling revealed evidence of elevated but lower grade uranium contained within chloritic schists at the western end of Jamie Lee prospect and at the Hamilton prospect. The mineralisation appeared to be associated with the more magnetic portions of the sheared chloritic schist. These finds were regarded as an indication that this mineralisation style could be more prevalent in the tenement area as well as regionally, particularly where a ductile sheared granite body is juxtaposed against altered and reactive older incompetent schist. During licence Years 4 and 5, no work was done, due to the continuing depressed global price for uranium leading to a lack of industry interest in uranium exploration. Core maintained an Information Memorandum on its Fitton Uranium Project, and continued to seek joint venture funding. During licence Year 6, exploration field work was resumed, on renewed EL 5731. Core undertook detailed soil geochemical sampling aimed at extending previous explorers' soil sampling coverage. Data were collected using a Niton handheld XRF spectrometric instrument to scan samples dug from holes 10 cm deep. The survey grid also overlapped portions of previous explorers' soil geochemical grids, to test how well the pXRF scanning could map uranium in soil, compared to geochemical methods utilised in the past. [Unfortunately, Core's pXRF assay data were later lost when the company's field laptop memory disc became corrupted and had to be reformatted. Afterwards, the pXRF scanning data stored on the laptop were unknowingly overwritten by data gathered in subsequent soil sampling campaigns, and consequently could not be submitted to DSD]. At the time of collection the new soil spectrometric uranium values appeared to be of the same order of magnitude as the historic uranium assay results. Therefore, despite losing the data which would show this, Core believed that using the pXRF tool to map uranium in soil would in future be an effective means of exploration. During licence Year 7, Core undertook a detailed soil sampling program aimed at discovering SEDEX or MVT base metals. Three different handheld portable XRF devices were used to collect data, with data aligning very well (both spatially and qualitatively) once some minor elemental corrections were made. A total of 289 soil sites were collected in the southwest corner of the tenements, as a part of larger survey over EL 5015 [See ENV12516 CNO:2040363]. Readings were collected by scratching the off the top few cm of the soil surface and taking a reading directly on the fresh surface. No significant base metal anomalies were identified. During licence Year 8, no field work was undertaken, as such no technical report was submitted.

In value terms, uranium and thorium ores and concentrates exports totaled $1B in 2016. In general, uranium and thorium ores and concentrates exports continue to indicate a drastic setback. In that yea...