BNET Industries
Last Fiscal Year Sales:$8.0B
- Public
- CH
Dow Jones Description
Extracting minerals and materials for over 40 years. London, England-based Xstrata Plc (London: XTA) is a diversified metals and mining company. The company exports coal, produces ferrochrome and vanadium, mines and smelts zinc, mines anthracite and harvests wood. These activities are carried out throughout Australia, South Africa, Spain, Germany, Argentina, Chile and its home base of the United Kingdom. The company was founded in 1958, has revenue of $8 billion and employs about 17,000 people. In 2005 the company acquired a one-third stake in CerrejAŚn thermal coal operation, a large scale, cost competitive asset with an exceptional reserve base and access to the high growth US and European markets for $1.7 billion, and purchased 19.9% of Falconbridge Limited.
Number of Employees 40,049
Peer Companies
NAICS Code All Other Metal Ore Mining: 212299
Recent Events
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BlueScope singled out by Xstrata suit
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PRESS DIGEST-Australian Business News - Nov 5
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New Gold Announces a 16% Increase in Production, 17% Decrease in Cash Cost in the...
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Xstrata Q3 output mixed, concern on currencies
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It's Only A Matter Of Time Before Mick Davis Seduces Cynthia's Shareholders
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Three Deals Enter, Two Deals Leave
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Xstrata Drops Anglo American Bid
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Anglo American Is to Shed Managers and Some Units
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Marcial: The Gleam in Barrick Gold
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New Gold Announces 16% Increase in Gold Sales and 17% Decrease in Cash Cost in...
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Xstrata set to put Anglo bid on hold: report
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DJ Xstrata: Won't Exercise Option On Minera Andes Copper Project
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Xstrata abandons Anglo, commits to US$700m expansion
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Xstrata Holds On $48B Anglo Deal
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FNX begins shipping ore
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Deadline set for Xstrata to make Anglo bid
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Glance-Miners, oils, banks drive FTSE to fresh 2009 highs
News & Analysis
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areva and xstrata plc. - All News and Analysis
WMC: The game's not over yet.(WMC Resources Ltd.)(Brief Article)
Mar 09, 2005 (The Australian Financial Review - ABIX via COMTEX) BHP Billiton has made a $A9 billion takeover bid for fellow Australian miner, WMC Resources. This bid exceeds the earlier bid by the Swiss-based Xstrata. BHP Billiton is well aware that another bidder may...
French could foil Xstrata.(Areva plans to bid for WMC Resources Ltd.)(Brief Article)
Feb 27, 2005 (Herald Sun - ABIX via COMTEX) Swiss-based Xstrata may face a rival in its bid to acquire Australian-listed WMC Resources. France-based Areva has indicated that it has appraised WMC's uranium assets, although it stresses that it has not decided whether it...
At last, someone to fight Xstrata - but they're French.(Areva has interest in WMC Resources Ltd.)(Brief Article)
Feb 24, 2005 (The Sydney Morning Herald - ABIX via COMTEX) French nuclear power group, Areva, has expressed interest in Australian mining company, WMC Resources. WMC is the target of a hostile $A8.4 billion takeover bid by Swiss mining company, Xstrata. Rumours of counterbids...
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