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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oukbs and xstrata plc. - All News and Analysis
Xstrata Has Concern on Currencies
By Eric OnstadLONDON (Reuters UK) - Mining group Xstrata XTA produced more coal in the third quarter thanks to acquisitions, but lower ore grades cut copper output, while investors worried that strong currencies in mining nations would crimp margins.Shares in Xstrata, for which coal and copper are the most profitable...
Xstrata Gives Up on Anglo Bid
By Eric OnstadLONDON (Reuters UK) - Miner Xstrata XTA has given up its pursuit of rival Anglo American AAL, it announced on Thursday, leaving Anglo to push ahead with its own restructuring plan and raising questions about whether Xstrata will revisit former target Lonmin LMI.Xstrata said it has dropped its...
FTSE Down 0.1 Percent
By David BrettLONDON (Reuters UK) - The top share index was 0.1 percent lower by mid-session Thursday, weighed on by weaker commodity stocks as metal prices fell, ahead of results from U.S. banks Citigroup and Goldman Sachs.At 11:44 a.m. British time, the FTSE 100 was down 5.56 points at 5,250.54,...
Xstrata Likely to Walk Away From Anglo
By Raji MenonLONDON (Reuters UK) - Mining group Xstrata XTA has told a top-10 shareholder that it would likely abandon its pursuit of rival Anglo American AAL, the investor said on Monday."They have pretty much indicated to us that they will be walking away," the investor, who declined to be...
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