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Article | Nov 03, 2026 | 3 min read
Benchmark launches uranium price assessments
Benchmark Mineral Intelligence is pleased to announce the launch of its Uranium Price Assessments, bringing price transparency to the market for uranium oxide concentrate (U3O8), commonly known as yellowcake. Yellowcake is the feedstock that is converted into uranium fuel for nuclear reactors. Demand for uranium is rising as governments and technology companies turn to nuclear power. Approximately 430 nuclear reactors operate worldwide today, and Benchmark expects global uranium demand to grow by around a third, from about 74 ktU in 2026 to 98 ktU in 2035.
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