Bruce Hundertmark

Last updated

Bruce Hundertmark
Born
Occupation(s)Businessman, engineer

Bruce Hundertmark is a South Australian businessman and director of South Australian Nuclear Energy Systems Pty Ltd. Hundertmark travels between his hometown of Adelaide and Indonesia where he heads the drug discovery company PT Indo Bio Products and the molecular-biology-based developer, PT Indobio Diversita Guna. He is a former director of News International, a subsidiary of Rupert Murdoch's News Corporation. He told Rupert Murdoch there was no point in launching Pay TV unless the broadcasts could be protected, and in 1987 Hundertmark backed a small start-up company which developed "Videocrypt" technology. The technology provided a mechanism by which Pay TV broadcasters could restrict their services to subscribers and proved to be of great value to Murdoch's growing media interests. Hundertmark has also worked in the nuclear industry and believes that South Australia should expand on its existing uranium mining and yellowcake production to develop enrichment capacity and ultimately produce nuclear fuel pellets and rods. [1]

Contents

South Australian Nuclear Energy Systems

Hundertmark's latest venture intends to develop nuclear energy projects that he believes could possibly attract $20 billion in investment and create more than 100,000 jobs. The company has offices in Tokyo and the USA. The company envisages enriching yellowcake and producing nuclear fuel pellets and rods. The company's directors include former Labor federal MP Bob Catley, Ian Kowalick (former Chief of Staff to Premier John Olsen) and climate scientists Professor Stephen Lincoln and Professor Tom Wigley of the University of Adelaide. [1]

The company has spoken with Christopher Pyne and Don Farrell in efforts to garner political support for further nuclear industrialisation. The company had planned to "hit the ground running" had there been a change of government in South Australia in 2014. Hundertmark has said that he would consider talking with State Treasurer Tom Koutsantonis, who has previously supported nuclear developments in South Australia. [1]

Corporate interests

Hundertmark's former corporate interests and associations include: [2]

Education

Hundertmark completed a Bachelor of Chemical Engineering at the University of Adelaide and also holds a Bachelor of Economics.

Related Research Articles

<span class="mw-page-title-main">Rupert Murdoch</span> Australian-born American business magnate (born 1931)

Keith Rupert Murdoch is an Australian-born American business magnate. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including in the UK, in Australia, in the US, book publisher HarperCollins, and the television broadcasting channels Sky News Australia and Fox News. He was also the owner of Sky, 21st Century Fox, and the now-defunct News of the World. With a net worth of US$21.7 billion as of 2 March 2022, Murdoch is the 31st richest person in the United States and the 71st richest in the world.

<span class="mw-page-title-main">News Corporation</span> Defunct media corporation

News Corporation, also variously known as News Corporation Limited, was an American multinational mass media corporation controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New York City. Prior to its split in 2013, it was the world's largest media company in terms of total assets and the world's fourth largest media group in terms of revenue, and News Corporation had become a media powerhouse since its inception, dominating the news, television, film, and print industries.

<span class="mw-page-title-main">Keith Murdoch</span> Australian journalist, businessman and father of Rupert Murdoch

Sir Keith Arthur Murdoch was an Australian journalist and newspaper proprietor who was the founder of the Murdoch media empire. He amassed significant media holdings in Australia which after his death were expanded globally by his son Rupert.

<span class="mw-page-title-main">News UK</span> British newspaper publisher

News Corp UK & Ireland Limited is a British newspaper publisher, and a wholly owned subsidiary of the American mass media conglomerate News Corp. It is the current publisher of The Times, The Sunday Times, and The Sun newspapers; its former publications include the Today, News of the World, and The London Paper newspapers. Until June 2002, it was called News International plc. On 31 May 2011, the company name was changed from News International Limited to NI Group Limited, and on 26 June 2013 to News UK.

<i>The Advertiser</i> (Adelaide) Australian newspaper

The Advertiser is a daily tabloid format newspaper based in the city of Adelaide, South Australia. First published as a broadsheet named The South Australian Advertiser on 12 July 1858, it is currently a tabloid printed from Monday to Saturday. The Advertiser came under the ownership of Keith Murdoch in the 1950s, and the full ownership of Rupert Murdoch in 1987. It is a publication of Advertiser Newspapers Pty Ltd (ADV), a subsidiary of News Corp Australia, itself a subsidiary of News Corp. Through much of the 20th century, The Advertiser was Adelaide's morning broadsheet, The News the afternoon tabloid, with The Sunday Mail covering weekend sport, and Messenger Newspapers community news. The head office was relocated from a former premises in King William Street, to a new News Corp office complex, known as Keith Murdoch House at 31 Waymouth Street.

<span class="mw-page-title-main">British Nuclear Fuels Ltd</span> Defunct nuclear energy and fuels company

British Nuclear Fuels Limited (BNFL) was a nuclear energy and fuels company owned by the UK Government. It was a manufacturer of nuclear fuel, ran reactors, generated and sold electricity, reprocessed and managed spent fuel, and decommissioned nuclear plants and other similar facilities.

Cisco Videoscape was a majority owned subsidiary of News Corp, which develops software for the pay TV industry. NDS Group was established in 1988 as an Israeli start up company. It was acquired by Cisco in 2012 before being sold back to the private equity company Permira in 2018 for US$1 billion. The company is currently headquartered in Staines, United Kingdom.

<span class="mw-page-title-main">Lachlan Murdoch</span> English businessman

Lachlan Keith Murdoch is a British-Australian businessman and mass media heir. He is the executive chairman of Nova Entertainment, co-chairman of News Corp, executive chairman and CEO of Fox Corporation, and the founder of Australian investment company Illyria Pty Ltd.

News Corp Australia is an Australian media conglomerate and wholly owned subsidiary of the American News Corp. News Corp Australia employs more than 8,000 staff nationwide and approximately 3,000 journalists however News Corp Australia has closed approximately 100 newspapers and cut approximately 500 jobs in Australia since 2019.

Richard Henry Searby was an Australian lawyer, company director and academic.

<span class="mw-page-title-main">Simon Hackett</span> Australian technology entrepreneur

Simon Walter Hackett is an Australian technology entrepreneur. He is the co-founder of Internode Pty Ltd, an Australian national broadband services company.

<span class="mw-page-title-main">Nuclear power in Australia</span> Overview of nuclear power in Australia

The prospect of nuclear power in Australia has been a topic of public debate since the 1950s. Australia has one nuclear plant in Lucas Heights, Sydney, but is not used to produce nuclear power, but instead is used to produce medical radioisotopes. It also produces material or carries out analyses for the mining industry, for forensic purposes and for research. Australia hosts 33% of the world's uranium deposits and is the world's third largest producer of uranium after Kazakhstan and Canada.

<span class="mw-page-title-main">Seven West Media</span> Australian media company

Seven West Media Limited is an ASX-listed media company and is Australia's largest diversified media business, with an extensive presence in broadcast television, print and online publishing.

Members of the Murdoch family are prominent international media magnates and media tycoons with roots in Australia and the United Kingdom, along with their media assets in the United States. Some members have also been prominent in the arts, clergy, and military.

UCL Australia was an international campus of the University College London, located on Victoria Square in Adelaide, South Australia. It had three parts: the School of Energy and Resources (SERAus), the International Energy Policy Institute (IEPI) and a branch of UCL's Mullard Space Science Laboratory. UCL Australia described its university community as "welcoming, dynamic and influential." The campus closed in December 2017.

Stephen Lincoln is a chemistry and physics professor at the University of Adelaide's Environment Institute. His work in molecular science has resulted in over 300 publications in scientific journals and he is the author of Challenged Earth: An Overview of Humanity’s Stewardship of Earth (2006), a book in which he discusses population, water, food, biotechnology, health, energy, climate change and the ozone layer. He has a long-term interest in nuclear power and is a board member and spokesperson for South Australian Nuclear Energy Systems, a private Australian company established in 2014 to explore the feasibility of nuclear industrial development projects in South Australia. Lincoln has been a media spokesperson on nuclear issues in the wake of the Fukushima nuclear disaster and in the lead up to South Australia's Nuclear Fuel Cycle Royal Commission in 2015. His work has been awarded by the Royal Australian Chemical Institute and UNESCO.

<span class="mw-page-title-main">Leanna Read</span> Australian scientist

Leanna Read is an Australian biotechnology expert and businessperson. She was the fourth Chief Scientist of South Australia from 2014 to 2018. She was appointed in August 2014 as successor to Don Bursill and is the first woman to hold the position.

Professor Nils Göran Arne Roos FTSE is a Swedish academic, technologist, author and businessman. He is a specialist in the field of intellectual capital and an expert in innovation management and strategy. He was appointed Thinker in Residence on industry development by the Government of South Australia in 2011, and subsequently moved to the state's Economic Development Board where he serves as a member. Amongst a number of other positions, he is also a member of the Flinders University Council. Roos was named one of the 13 most influential thinkers for the 21st century by the Spanish business journal Direccion y Progreso.

<span class="mw-page-title-main">Nigel McBride</span>

Nigel McBride is a prominent lawyer and businessman who lives and works in South Australia. He is the CEO of Business SA, the South Australian Chamber of Commerce and Industry and is a member of the State Advisory Council of the Committee for Economic Development of Australia (CEDA) for South Australia and the Northern Territory.

Prudence "Prue" Murdoch MacLeod is an Australian-British non-executive director in the media industry. Murdoch is the eldest child and daughter of Australian-born American billionaire media proprietor Rupert Murdoch. She has held several directorial roles in her father's News Corporation, and is currently a board member of Times Newspapers Ltd, a subsidiary of News Corporation.

References

  1. 1 2 3 Naughton, Kevin (24 June 2014). "'Old buggers' push nuclear industry for SA". InDaily. Retrieved 19 February 2015.
  2. "Biotron Ltd". Bloomberg Business. Retrieved 19 February 2015.
  3. "Israeli Warrant Names Murdoch". The New York Times. 1 October 1996. Retrieved 19 February 2015.
  4. Farrelly, Paul (10 November 1996). "The man who got smart with Murdoch". The Independent. Retrieved 19 February 2015.