WMC eager for more.(Brief Article)

Following the completion last year of its A$1.9 billion expansion programme at the Olympic Dam copper mine in South Australia, WMC Ltd said this Wednesday that a further, albeit more modest, expansion is now planned which would raise copper capacity by an additional 20%. Under the previous expansion programme, refined copper production capacity was increased to 200,000 t and this will now rise to 245,000 t/y. The programme, including working capital, is estimated to be less than A$100 million, and is expected to generate additional annual pre-tax profit of about A$80 million.