Spot Price
Current uranium concentrate (U3O8) transaction price on the physical spot market, weekly indicators from UxC (~$80/lb 2024) and Numerco.
Spot market ~10% of annual trade (~20M lbs U3O8e); premiums for HALEU precursors. 2024 highs driven by restarts, SMR demand. Traded OTC, no exchange.
Why it matters now
2025-2026 spot volatility signals HALEU bottlenecks, impacting SMR PPAs and stocks amid data center rush.