Uranium Futures Fell Toward $77.00 Per Pound, Extending the Slide from the One-Month High of $82.50 /Pound on October 31st - 2025

Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, & Acquisitions

Trading Economics reported in mid-November 2025 that the slide in uraniun spot price has occurred despite an improved supply outlook outweighed the speculative bets for nuclear power in the next decades. 

                                                                         What’s Driving the Bull Run in Uranium? (2024: Here)

Top producer Kazatomprom reported a 33% growth rate in exports in the third quarter and a 10% increase in total output, limiting concerns of tighter supply following the earlier guidance of a 10% drop in output for 2026. Cameco posted a smaller production guidance for this year, but noted that it had the potential to increase capacity and make up for the production shortfall if needed.

The developments trimmed the rally for uranium futures that topped at a 14-month high of $84 last month on robust demand. The US announced deals for the construction of new power plants and cut regulations on the construction and permits for uranium converters and enrichers, backed by Cameco's partnership with the US government, which approved the development of Westinghouse reactors.

Uranium is a highly dense metal which occurs in most rocks and is mostly used as a fuel in nuclear power plants. The standard contract unit is 250 pounds of U₃O₈ and is traded on New York Mercantile Exchange. Top uranium producers are Kazakhstan, Canada and Australia. The Uranium prices displayed in Trading Economics' graphic are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. TE market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
 
News Stream

Uranium Extends Pullback from 1-Month High - Uranium futures fell toward $77 per pound, extending the slide from the one-month high of $82.5 on October 31st as an improved supply outlook outweighed the speculative bets for nuclear power in the next decades. Top producer Kazatomprom reported a 33% growth rate in exports in the third quarter and... more
2025-11-17

Uranium Falls from 1-Month High - Uranium futures were at $78 per pound, holding the slide from the one-month high of $82.5 on October 31st as an improved supply outlook outweighed the speculative bets for nuclear power in the next decades. Top producer Kazatomprom reported a 33% growth rate in exports in the third quarter and a 10%... more
2025-11-12

Uranium Eases from 1-Month HighUranium futures fell below the $80 per pound from the one-month high of $82.5 on October 31st as evidence of fresh supply countered outlook of growing demand that supported the rally in prices since March. Top producer Kazatomprom reported a 33% growth rate in exports in the third quarter and a 10% ... more
2025-11-05