Uranium Prices

Uranium prices averaged USD 89.67 per pound in September, up 1.9% from August. On 30 September, the commodity traded at USD 89.40 per pound, up 0.1% from 31 August.

The higher September monthly average prices largely reflected price gains made in late August that carried into the following month. These gains were driven by Kazatomprom—the world’s top uranium miner—announcing a six- to 12-month delay to a new plant for sulfuric acid, a key input for uranium production.