The company acknowledges that short-term fluctuations will continue, but underlying factors indicate further price increases for uranium because of rising demand from energy firms and the expanding significance of nuclear energy worldwide.
In its nine-month report for 2025, Yellow Cake, referencing UxC data, states that the total transaction volume of the spot uranium market from January to September reached £41.7 million, up from £35 million the previous year. At the same time, uranium prices stay beneath the thresholds required to encourage production at new sites. As reported by Trading Economics, uranium is priced at around $76 per pound in December 2025, rising by just 1.5% from the beginning of 2025.
Yellow Cake states that the World Nuclear Association's (WNA) baseline scenario forecasts nuclear power capacity increasing to 746.1 GW by 2040, and uranium demand hitting around £391 million. Nonetheless, as global uranium production falls short of demand, fostering growth in nuclear energy will prove difficult, as stated by the British foundation.
source: tradingeconomics.com
In its nine-month report for 2025, Yellow Cake, referencing UxC data, states that the total transaction volume of the spot uranium market from January to September reached £41.7 million, up from £35 million the previous year. At the same time, uranium prices stay beneath the thresholds required to encourage production at new sites. As reported by Trading Economics, uranium is priced at around $76 per pound in December 2025, rising by just 1.5% from the beginning of 2025.
Yellow Cake states that the World Nuclear Association's (WNA) baseline scenario forecasts nuclear power capacity increasing to 746.1 GW by 2040, and uranium demand hitting around £391 million. Nonetheless, as global uranium production falls short of demand, fostering growth in nuclear energy will prove difficult, as stated by the British foundation.
source: tradingeconomics.com