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WMC profit halves on low metal prices

WMC, which last year rejected an $11.3 billion takeover proposal from Alcoa, has posted a 48% dro...

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WMC profit halves on low metal prices

The profit slump follows plans by WMC chief executive Hugh Morgan to split the company in two after rejecting a $10.20 per share approach by Alcoa last year. WMC's 2001 net profit before significant...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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