Latest News 2014 March Uranium Supplier Files for Bankruptcy

Uranium Supplier Files for Bankruptcy

The uranium supplier USEC has reportedly filed for bankruptcy. According to reports, the company filed after struggling with weak prices for the enriched uranium it supplies to nuclear power plants. It reportedly also had difficulties in financing a major project. It is reported that the business listed assets at $70 million while liabilities were listed at $1.07 billion.

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Categories: Filing for Bankruptcy