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Uranium Marketing Annual Report

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Table 5. Average price and quantity for uranium purchased by owners and operators of U.S. civilian nuclear power reactors by pricing mechanisms and delivery year, 2023–2024
dollars per pound U3O8 equivalent; thousand pounds U3O8 equivalent
  Domestic purchases1 Foreign purchases2 Total purchases
Pricing mechanisms 2023 2024 2023 2024 2023 2024
Contract-specified (fixed and base-escalated) pricing
Weighted-average price 42.78 54.67 37.96 53.07 40.31 50.97
Quantity with reported price 3,739 5,832 16,350 14,842 36,549 39,801
Spot-market pricing
Weighted-average price W W W W 53.63 54.09
Quantity with reported price W W W W 7,255 5,083
Other pricing
Weighted-average price W W W W 51.02 58.39
Quantity with Reported Price W W W W 7,821 11,037
All pricing mechanisms
Weighted-average price 45.09 53.99 42.48 54.64 43.80 52.71
Quantity with reported price 5,906 7,183 23,740 22,441 51,625 55,921
Total quantity 5,906 7,183 23,740 22,441 51,625 55,921
1A uranium purchase of both U.S.-origin uranium or from a firm located in the United States.
2A uranium purchase of foreign-origin uranium from a firm located outside of the United States.
Notes: Totals may not equal sum of components because of independent rounding. Weighted-average prices are not adjusted for inflation.
Data source: U.S. Energy Information Administration: Form EIA-858, Uranium Marketing Annual Survey (2023–2024)