WMC Resources Ltd - Panel Commences Proceedings
Following the Panel's media release TP04/05 of 12 January 2005 regarding the application from Xstrata Capital Holdings Pty Ltd in relation to its takeover offer for all the shares in WMC Resources Ltd, the Panel advises that it has decided to conduct proceedings with respect to Xstrata Capital's application. The Panel will announce details of its decision once these proceedings are determined.