Uranium prices averaged USD 73.94 per pound in June, up 4.2% from May. On 30 June, the commodity traded at USD 78.75 per pound, up 9.8% from 30 May.
June’s rise in prices was the third in a row. U.S. uranium fund Sprott announced plans to buy USD 200 million of uranium, after raising roughly that same amount in equity from U.S. investment bank Canaccord Genuity. Supply-wise, Niger said it would expropriate a uranium mine from French firm Orano, supply disruptions.
This chart displays Uranium (US$/lb) from 2023 to 2025.
Uranium U3O8 (prices in US$/lb, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
|---|---|---|---|---|---|---|---|---|
| Uranium U3O8 | - | - | 50.95 | 72.06 | 96.40 | 88.85 | 81.98 | 78.44 |