BHP Billiton Likely to Sell Uranium Deposit

SMH reported BHP Billiton (NYSE:BHP) has been asked to develop or sell its uranium deposit in Western Australia.

As quoted in the market news:

Despite a pro-uranium WA government, BHP Billiton delayed submission of the draft environmental review and management program for its Yeelirrie uranium project in June, citing a failure to meet internal standards and flagging a delay of at least six months.

Click here to read the full SMH report.