Exchange Value

TradeTech's PCI Shows Uranium Production Cost Increases Due to Inflation

Retrieved on: 
Wednesday, October 5, 2022
Risk, FAM, Perception, Trade Finance Technology (TradeTech), Industry, US, Area studies, Economics, PCI, Cost of goods sold, Exchange Value, Uranium, NMR, Renewable energy, Indicator

ENGLEWOOD, Colo., Oct. 4, 2022 /PRNewswire-PRWeb/ -- TradeTech's monthly Production Cost Indicator™ (PCI) value, which captures the company's proprietary judgment of the life-of-mine full cost (LoM C3 ™) necessary to incentive and support new primary uranium production, increased 6.6 percent (US$3.50) in September to $56.20 per pound U3O8, marking 16 months without decline and the highest value since the Indicator's inception in April 2020.

Key Points: 
  • While FAM 1 production costs are typically consistent with good project development, FAM 2 reflects a cost profile associated with greater susceptibility to risk.
  • Identification of cost-related risk, such as inflation, means that projects have a greater propensity to produce uranium concentrates toward the upper levels of TradeTech's maximum conceivable production cost assumptions.
  • "TradeTech's perception of risk specific to each uranium project, including considerations of how risk translates toand impactsmining and production economics is particularly relevant to the company's assessment of uranium production costs.
  • The company's "Nuclear Market Review" (NMR) is published each Friday evening, and reports the Weekly Uranium Spot Price Indicator, uranium trading activity, industry news, and market data.

Uranium Price Surpasses $50 for First Time Since 2012

Retrieved on: 
Friday, September 17, 2021
Exchange Value, Uranium, NMR, Trade Finance Technology (TradeTech), Trust

DENVER, Sept. 16, 2021 /PRNewswire-PRWeb/ -- The spot market price for uranium rose to US$50.50 per pound uranium oxide (U3O8) today-the first time since July 2012 that the uranium market has seen a spot price surpass the $50 price level.

Key Points: 
  • DENVER, Sept. 16, 2021 /PRNewswire-PRWeb/ -- The spot market price for uranium rose to US$50.50 per pound uranium oxide (U3O8) today-the first time since July 2012 that the uranium market has seen a spot price surpass the $50 price level.
  • "The launch of the Sprott Physical Uranium Trust in mid August has been a significant contributing factor in the spot price rise," said TradeTech President Treva E. Klingbiel.
  • TradeTech launched its Daily Uranium Spot Price Indicator in March 2011, which is provided to subscribers worldwide.
  • The company's "Nuclear Market Review" (NMR) is published each Friday evening, and reports the Weekly Uranium Spot Price Indicator, uranium trading activity, industry news, and market data.