Uranium prices rose in 2025 due to a historic evolution in the uranium market, with pressure on the supply sector to fuel a rising demand for nuclear power. The nuclear fuel market realizes that true, durable demand is already here, and the supply side must now respond to it,” said TradeTech President Treva Klingbiel. These developments are also reflected in the long-term uranium market where utilities are seeking to secure supply in the mid- and long-term delivery time frames. As a result, TradeTech’s Long-Term Uranium Price Indicator was $87.00 per pound U3O8 on December 31, up $1.00 from November 30, 2025. The company’s “Nuclear Market Review” (NMR) is published each Friday evening, and reports the Weekly Uranium Spot Price Indicator, uranium trading activity, industry news, and market data.

Source: The Herald January 03, 2026 00:53 UTC