Australian nuclear research reactor replacement to cost double

["Sandy Perle" <sandyfl@earthlink.net>]

Australian uclear research reactor replacement to cost double
  
The cost of a replacement nuclear reactor in Sydney's southern  
suburbs is likely to blow out to nearly twice the Federal  
Government's estimates. 

Department of Finance documents obtained by Sutherland Shire  Council 
show the cost of a new reactor will be $527 million, not  $286 
million as claimed by the Government. 

The Government this month announced an Argentinian company, INVAP,  
would build the replacement research reactor. 

Sutherland councillor Genevieve Rankin says it is disturbing that  
the Government is not revealing the estimates. 

"[In] 1997...[these] documents were written to the Cabinet, so it  
means the Federal Government knows that it's going to be at least  
$527 million...yet what they're saying to Parliament and to the  
public is that it's going to be $286 million," she said.

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Sandy Perle					Tel:(714) 545-0100 / (800) 548-5100   				    	
Director, Technical				Extension 2306 				     	
ICN Worldwide Dosimetry Division		Fax:(714) 668-3149 	                   		    
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Personal Website:  http://www.geocities.com/capecanaveral/1205
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