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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Kria Resources in Discussions With Xstrata to Utilize the Brunswick Mill for Ore Processing
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Crowflight Announces Third Quarter 2009 Financial Results
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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
News & Analysis
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companhia vale do rio doce and xstrata plc. - All News and Analysis
Meet the new boss of CVRD Inco.(SPECIAL REPORT: MINING)(Companhia Vale do Rio Doce)(Parviz Farsangi)
CVRD Inco's new face of Sudbury mining is really an old hand from across town. [ILLUSTRATION OMITTED] Parviz Farsangi, the former manager of Falcon-bridge's now Xstrata Nickel Sudbury mines and mill business is now the new Chief Operating Officer of CVRD...
Chinese Premier's visit fires up miners.
Byline: Stephen Wyatt Apr 05, 2006 (The Australian Financial Review - ABIX via COMTEX) -- There are a number of Australian resources firms excited by the strong demand for commodities,...
Miners in world power struggle.
Byline: Barry FitzGerald Oct 06, 2005 (The Age - ABIX via COMTEX) -- The remaining four major independent mining groups in North America are prime takeover targets. ...
CVRD may offer US$3bil for Noranda.
Brazil, Jul 9, 2004 (Valor Economico /SABI via COMTEX) The Brazilian mining company CVRD Companhia Vale do Rio Doce may offer US$3bil for the acquisition of up to a 52% stake in the Canadian Noranda. Around US$2bil out of this total may concern the payment...
CVRD competes with Xstrata for Noranda.
Brazil, Jul 8, 2004 (Valor Economico /SABI via COMTEX) Along with the Brazilian mining company CVRD Companhia Vale do Rio Doce, the Swiss Xstrata and a Chinese group are competing for the acquisition of the Canadian Noranda. Part of the payment for the 42% ...
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