Uranium Price Per Ton — June 5, 2026
As of June 5, 2026, Uranium is trading at Seventeen Rupees per gram across India. The 10-gram rate stands at One Hundred and Sixty Six Rupees, and 100 grams costs One Thousand Six Hundred and Fifty Seven Rupees.
Tonne-Scale Uranium Value — 10-Day View
Uranium price per ton: where the market's real numbers live
A metric tonne of uranium is worth ₹16,570,000.00 at today's reference — call it ₹1.66 crore — as of June 5, 2026. The tonne is the scale at which this market actually thinks. Mines report annual output in tonnes. Utilities contract in tonnes. National stockpiles are debated in tonnes. The per-gram and per-kg figures elsewhere on this site are conveniences; this is the working unit.
How today's tonne value breaks down:
- 1 gram: ₹16.57
- 1 kg: ₹16,570.00
- 100 kg: ₹1,657,000.00
- 1 metric tonne: ₹16,570,000.00
- 100 tonnes (≈ half a reactor-year of feed): ₹1,657,000,000.00
For perspective, the entire annual global mine supply of roughly 50,000 tonnes is worth about ₹82.85 thousand crore at this rate. The whole world's yearly uranium output would not buy one of India's largest listed companies. Small market, outsized consequences.
Uranium Price From Gram to Metric Ton
Today's Uranium rate is Seventeen Rupees per gram. At this rate, 10 grams of Uranium costs One Hundred and Sixty Six Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹16.57 | Seventeen Rupees |
| 8 Grams | 8.0000 g | ₹132.56 | One Hundred and Thirty Three Rupees |
| 10 Grams | 10.0000 g | ₹165.70 | One Hundred and Sixty Six Rupees |
| 100 Grams | 100.0000 g | ₹1,657.00 | One Thousand Six Hundred and Fifty Seven Rupees |
| 1 Kilogram | 1,000.0000 g | ₹16,570.00 | Sixteen Thousand Five Hundred and Seventy Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹469.75 | Four Hundred and Seventy Rupees |
| 1 Troy Ounce | 31.1035 g | ₹515.38 | Five Hundred and Fifteen Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹16,570,000.00 | One Crore Sixty Five Lakh Seventy Thousand Rupees |
Tonnes in, tonnes out: the global uranium balance sheet
The supply ledger starts with mines. Kazakhstan delivers around 20,000 tonnes a year, Canada and Australia several thousand each, with Namibia, Uzbekistan and others contributing the rest. Against that stands reactor demand of roughly 65,000 tonnes — yes, more than mines produce. The gap has historically been filled by secondary supplies: government stockpile drawdowns, recycled material, and enrichers "underfeeding" their centrifuges to squeeze extra value from feed.
Why the tonne gap matters for price
Secondary supplies are finite and shrinking. The megatons-to-megawatts programme that once converted Russian warheads into reactor fuel ended in 2013. Western stockpiles have thinned. Each year the market leans harder on primary mine output — and new tonnes are slow to arrive, because a uranium mine takes a decade or more from discovery to first drum of yellowcake. That arithmetic underpins the bullish case that has dominated since 2021.
The tonne view also explains price spikes. When the Sprott Physical Uranium Trust buys, it buys in lots that register against a 50,000-tonne market. A few thousand tonnes of financial demand — trivial in copper terms — can move uranium double digits. Thin markets punish late buyers, which is why utilities started re-contracting aggressively once spot began running in 2023.
India counted in tonnes
India's reactors require a few thousand tonnes of uranium each year, met by UCIL's domestic production plus imports contracted from Kazakhstan, Canada, Russia, France and Uzbekistan under IAEA safeguards. The Nuclear Energy Mission's 100 GW by 2047 target would multiply that requirement several times over — one reason Indian diplomacy keeps fuel-supply agreements warm with every major producer.
Uranium Price Per Ton — Daily Reference Log
The most recent Uranium price on record (2026-06-04) is Seventeen Rupees per gram. This is up by One Rupees from the previous day's rate of ₹16.01.
| Date | Price (₹/g) | Change |
|---|---|---|
| 2026-06-04 | ₹16.57 | +0.56 |
| 2026-06-03 | ₹16.01 | +0.08 |
| 2026-06-02 | ₹15.93 | +0.05 |
| 2026-06-01 | ₹15.88 | -0.03 |
| 2026-05-31 | ₹15.91 | 0.00 |
| 2026-05-30 | ₹15.91 | -0.10 |
| 2026-05-29 | ₹16.01 | -0.07 |
| 2026-05-28 | ₹16.08 | -0.29 |
| 2026-05-27 | ₹16.37 | +0.06 |
| 2026-05-26 | ₹16.31 | — |
Reading tonne-scale value like an analyst
Mining headlines become testable once you hold the per-tonne price. A junior developer claims its deposit hosts 30,000 tonnes of U3O8? At today's reference that is about ₹0.50 lakh crore of gross in-ground value — before you discount for recovery, grade, capex, time and the considerable odds the project never gets built. Most don't. The gap between in-ground value and market capitalisation is where both opportunity and disappointment live.
Contract structure adds another layer. Utilities signing ten-year supply deals do not pay spot for every tonne; agreements blend base prices with escalators and market-linked components. When you read that term contracting volumes hit a multi-year high, that is tonnes being locked away from the future spot market — usually a bullish signal that spot will tighten further.
History rewards patience at tonne scale. The market needed seventeen years to revisit its 2007 dollar peak. In between came a nuclear accident, a decade of oversupply, mine closures across three continents, and finally the financial-buyer era that began with Sprott in 2021. Anyone tracking tonne values through that stretch saw entire narratives rise and die before the price confirmed either. The 10-day table above is your short-term window; treat it as one frame of a very long film.
This page refreshes its reference daily. For the gram and kilogram views, the linked pages below carry the same benchmark at friendlier scales.
Uranium Price Per Ton — Key Questions
One metric tonne of uranium is referenced at ₹16,570,000.00 — roughly ₹1.66 crore — as of June 5, 2026. The figure converts the international U3O8 benchmark into INR at tonne scale.
Mine production and reactor requirements both operate at tonne scale, so the World Nuclear Association and national agencies report in tonnes of uranium (tU) or tonnes of U3O8. Global mine output runs near 50,000 tonnes a year — a strikingly small market for something that supplies about a tenth of the world's electricity.
About 200 tonnes of natural uranium per year for a typical 1,000 MW unit, once enrichment feed losses are included. The first core load is larger. India's expanding fleet and the global construction pipeline anchor demand growth measured in thousands of tonnes annually.
No — a metric tonne is 1,000 kg, a US short ton 907 kg, an imperial long ton 1,016 kg. Industry statistics use the metric tonne. This page does the same; at today's rate the differences amount to lakhs of rupees per unit, so the distinction is not pedantic.
Licensed utilities, fuel cycle companies and authorised funds — nobody else. In India, tonne-scale uranium moves only through the Department of Atomic Energy and its arms under the Atomic Energy Act, 1962, including UCIL production and safeguarded imports.
