Posted in | News | Ceramic Materials | Business | Mining

WMC Limited to Proceed with Demerger

Dec 3 2002

WMC Limited has announced that it intends to pursue its plans to demerge into two separate companies, Alumina Ltd and WMC Resources Ltd. The plans have been approved by the Supreme Court of Victoria.

The changes to the share scheme and option scheme will become effective when the court orders have been lodged by the Supreme Court with the Australian Securities and Investment Commission.

This share scheme changes will take place on December 11, while the option scheme changes will be implemented on December 12.

For more information on alumina, click here.

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