Uranium fell to 76.40 USD/Lbs on December 1, 2025, down 0.07% from the previous day. Over the past month, Uranium's price has fallen 5.45%, and is down 1.80% compared to the same time last year, 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 December of 2025.

In June 2025, the global average price per pound of uranium stood at roughly 59.58 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 2024 was 69.69 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 ******U.S. dollars in 2024. This is the highest annual average since 2007, 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.

View monthly updates and historical trends for Uranium Spot Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

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

Monthly and long-term uranium price data (US$/lb): historical series and analyst forecasts curated by FocusEconomics.

In the second quarter (Q2) of 2025, the price of uranium amounted to more than 70 U.S. dollars per pound globally. By comparison, the global price of uranium during Q4 2022 stood at approximately 50.1 U.S. dollars per pound.

Four schemes are considered for the extraction of a Limited quantity of 5 pound ore from the Mount Victoria uranium deposit. Of these, the scheme involving the mining of the ore down to a depth of 85 feet by a syndicate of miners is definately the... Four schemes are considered for the extraction of a Limited quantity of 5 pound ore from the Mount Victoria uranium deposit. Of these, the scheme involving the mining of the ore down to a depth of 85 feet by a syndicate of miners is definately the cheapest. Under this scheme, ore can be delivered profitably at Radium Hill under the price schedule set out by the Commonwealth for the purchase of uranium ores.

Uranium mining in Australia began in 1954 at Rum Jungle in the Northern Territory and Radium Hill in South Australia. The first mining of uranium for electricity generation in nuclear reactors began in 1976, at Mary Kathleen in Queensland.

Australia is now the world's second largest producer. In 2004, Canada accounted for 29% of world production, followed by Australia with approximately 22%. Australia's output came from three mines: Ranger, which produced 5138 tonnes of U3O8 (11% of world production), Olympic Dam (4370 t, 9%) and Beverley (1084 t, 2%).

Exports have increased steadily to a record level of 9648 tonnes of U3O8 in 2004, valued at A$411 million.

Australia's uranium sector is based on world-leading resources and high and increasing annual output. Our resources are generally amenable to low-cost production with minimal long-term environmental and social impacts.

Around 85 known uranium deposits, varying in size from small to very large, are scattered across the Australian continent (McKay & Miezitis 2001). After five decades of uranium mining, Australia still has the world's largest uranium resources recoverable at low-cost (less than US$40/kg U, or US$15/lb U3O8). In April 2005, these remaining low-cost resources amounted to 826 650 t U3O8 (= 701 000 t U), or roughly 40% of world resources in this category. Australia's total remaining identified resources in all cost categories amount to 1 347 900 t U3O8.

The ESR dating method was applied to marine shells taken from a sediment core from Dagebüll, Schleswig-Holstein. Four samples from two different depths of the core (17.5 m and 25-26 m), separated by a 2.76 meter thick clay layer (Turritella Clay), yielded identical ages within the limits of error. They indicated an assignment to the oxygen isotope stage 5, thus confirming the stratigraphic age. In addition, the ESR-ages confirm the interpretation of Lomitschka et al. (1997, doi:10.2312/meyniana.1997.49.85), that the Th/U-ages of shells below the clay layer are reliable, whereas shells located above the clay layer, which were strongly influenced by percolating groundwaters of an open system, yielded falsified Th/U-ages.

Marine biological productivity has been invoked as a possible climate driver during the early Paleogene through its potential influence on atmospheric carbon dioxide concentrations. However, the relationship of export productivity (the flux of organic carbon (C) from the surface ocean to the deep ocean) to organic C burial flux (the flux of organic C from the deep ocean that is buried in marine sediments) is not well understood. We examine the various components involved with atmosphere-to-ocean C transfer by reconstructing early Paleogene carbonate and silica production (using carbonate and silica mass accumulation rates (MARs)); export productivity (using biogenic barium (bio-Ba) MARs); organic C burial flux (using reactive phosphorus (P) MARs); redox conditions (using uranium and manganese contents); and the fraction of organic C buried relative to export productivity (using reactive P to bio-Ba ratios). Our investigations concentrate on Paleocene/Eocene sections of Sites 689/690 from Maud Rise and Site 738 from Kerguelen Plateau. In both regions, export productivity, organic C burial flux, and the fraction of organic C buried relative to export productivity decreased from the Paleocene/early Eocene to the middle Eocene. A shift is indicated from an early Paleogene two-gyre circulation in which nutrients were not efficiently recycled to the surface via upwelling in these regions, to a circulation more like the present day with efficient recycling of nutrients to the surface ocean. Export productivity was enhanced for Kerguelen Plateau relative to Maud Rise throughout the early Paleogene, possibly due to internal waves generated by the plateau regardless of gyre circulation.

A programme of rotary-percussion drilling (11 vertical holes, total 1522 feet) was undertaken at Mount Victoria to further test the South Australian Department of Mines' several previous (in 1954 and 1955) shallow intersections of relatively low... A programme of rotary-percussion drilling (11 vertical holes, total 1522 feet) was undertaken at Mount Victoria to further test the South Australian Department of Mines' several previous (in 1954 and 1955) shallow intersections of relatively low grade uranium mineralisation that are referred to as the "Buried Southern Lode" prospect. This target is situated some 500 feet south of the Mount Victoria Main lode. The main objective was to search for possible lateral and downdip extensions of the apparently thick lode shoots encountered in SADM diamond holes VH27, VH28 and VH30, with the intent of establishing additional ore reserves to those in the Main lode, which might render the Mount Victoria uranium deposit feasible to mine. The results of the drilling programme were generally disappointing. Only narrow mineralised intercepts were made, of shallow extent and mainly low grade (by far the best radiometric assay result was 1.19 lbs U3O8 per ton over the depth interval 20-30 feet in hole VEZ12), with thorium values often anomalous with respect to uranium assays. It is thought that two buried lenses containing low grade davidite ore exist in the vicinity of SADM DDH VH28, over a maximum length of about 200 feet, striking on a bearing of N25degW. Other latest drilling results have precluded the possibility of worthwhile lode extensions to the south-east and north-west of this occurrence, and did not disclose significant mineralisation at depth. Inferred near-surface leaching of uranium could be partly responsible for the apparent concentration of less mobile thorium. Although the average grade and full extent of the buried lodes are still poorly defined, it is obvious that they could not be economically extracted at present uranium prices even if larger tonnages were available.

We evaluate phosphorus (P) and biogenic barium (bio-Ba) as nutrient burial and export productivity indicators for the Late Cretaceous and early Paleogene, combining these with calcium carbonate (CaCO3), organic carbon (C), and bulk CaCO3 C isotopes (d13C). Sample ages span 36-71 Ma (~1 sample/0.5 m.y.) for a depth transect of sites in the western North Atlantic (Blake Nose, Ocean Drilling Program Leg 171B, Sites 1052, 1051, and 1050). We use a multitracer approach including redox conditions to investigate export productivity surrounding the global Paleocene d13C maximum (~57 Ma). Reducing conditions render most of the bio-Ba record not useful for export productivity interpretations. P and organic C records indicate that regional nutrient and organic C burial were high at ~61 and ~69 Ma, and low during the Paleocene d13C maximum, a time of proposed global high relative organic C burial. Observed organic C burial changes at Blake Nose cannot explain this C isotope excursion.

This statistic shows the value of radioactive materials (excluding uranium, plutonium and thorium) imported by the United Kingdom (UK) from 2011 to 2017, in thousand British pounds. Over the years recorded here, imports of these goods have increased to a value of **** million British pounds in 2017.