Lehman Liquidates Uranium

Financial Post reported on the sale of Lehman Brothers’ assets as the company struggles to make payments.

As quoted in the market news:

Among the items recently liquidated was 450,000 pounds of yellowcake uranium, which was acquired as part of a commodities contract.

It was sold at prices ranging from US$51 to US$65 per pound, according to Versant Partners analyst Rob Chang.

Click here to read the full Financial Post report.