Neal Blue

The story behind the corporation that owns the Beverley uranium mine in north-east South Australia is scarcely believable.

It looks so peaceful from this angle…

Heathgate Resources − a 100 per cent-owned subsidiary of General Atomics (GA) − owns and operates Beverley and has a stake in the adjacent Beverley Four Mile mine. Over the years GA CEO Neal Blue has had commercial interests in oil, Predator drones, uranium mining and nuclear reactors, cocoa, bananas and real estate.

Radioactive spills and gas leaks at a uranium processing plant in Oklahoma led to the plants closure in 1993. The plant was owned by a GA subsidiary, Sequoyah Fuels Corporation, and processed uranium for use in reactors and for use in depleted uranium munitions. A nine-legged frog may have GA to thank for its dexterity.

A government inquiry found that GA had known for years that radioactive material was leaking and that the radioactivity of water around the plant was 35,000 times higher than US laws permitted.

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  • TimB says:

    06:29am | 03/08/12

    “TimB - Could you go and ask your grandmother, or someone else you trust, how capitalism works? “ How about you pick up your old school textbooks and undertake a refresher course yourself? Because last time I checked, capitalism didn’t advocate encouraging business growth by taxing it more. Natural competition… Read more »

  • Mohd says:

    09:56pm | 02/08/12

    Its crazy for Australia to permit the sale of uranium to UAE, see http://www.perthnow.com.au/business/australia-to-sell-uranium-to-uae-under-new-agreement/story-e6frg2r3-1226441125097 Egypt was seen as the most stable country two years and now WHAT? We should not allow the sale of uranium to UAE as they have all the gas they need for energy. The dangers are… Read more »

 

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