BHP Billiton shareholders are looking to use an annual meeting in Adelaide next month to call for an end to the company's uranium production, according to UK sources
A group of shareholders is to force the company to take a "moral stand" and pull out of the profitable trade in uranium, writes the UK's Guardian newspaper.
The BHP Billiton Shareholders for Social Responsibilities group has reportedly gathered 60 of the 100 signatures required to get the issue on the agenda at the company meeting.
"BHP Billiton's outstanding commercial success and market pre-eminence carries an equally large moral obligation to provide leadership on issues of uranium production and nuclear proliferation," the group's spokesman John Poppins told the newspaper.
BHP Billiton has long-term contracts for the sale of uranium oxide concentrates to the UK, France, Sweden, Finland, Belgium, Japan, South Korea, Taiwan, Canada and the US.
By staff writer