The Long-Term Uranium Price Indicator reached $93.00 per pound of uranium oxide on March 31, 2026, its highest level in more than 18 years, up $6.50 from December 31, 2025, according to TradeTech.

The TradeTech Daily Uranium Spot Price Indicator climbed to $100.25 per pound in late January 2026, reflecting sustained upward pressure on the market.

Government policies supporting nuclear power as a baseload energy source are driving forecasted uranium demand to record levels. At the same time, limited development on the supply side has created conditions of structural undersupply.

Energy Fuels, the operator of the only fully licensed conventional uranium mill in the United States, projects its uranium oxide production to reach 1.6 million pounds by June's end, within its full-year guidance of 1.5 to 2.5 million pounds.

The widening gap between uranium demand and available supply is expected to persist for the foreseeable future, according to market analysts tracking the sector.

Source: uranium.info / TradeTech -- https://www.uranium.info/uranium_market.php