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 CerrejA¦n 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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Takeover talk pushes Xstrata past Pounds 40 mark
- 2008-02-22
MARKET REPORT Xstrata's shares, driven by renewed speculation concerning Vale's intentions, swung past the 40 mark - to 4,060p, up 113p - at which the Brazilians were believed to have pegged an early, indicative offer to take over the company. At the time, Xstrata's shares were...
View From The City Brokers' Reports
- 2005-03-05
XSTRATA This is Investec Securities telling clients to sell shares in Xstrata, the South African mining company: "Over the past few weeks we have witnessed more and more good news: record iron ore price increases; base metals prices at multi-year highs; strong cash flow and earnings growth...
WORLD MARKETS: London
- 2005-03-03
BLUE CHIPS fell, continuing their see-saw action of the past week, dragged lower by the betting shop chain William Hill, the miner Xstrata and the bank HBOS. The return of takeover speculation lent support to J Sainsbury. The FTSE 100 closed down 0.15 per cent at 4,992.8. ...
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Glass Door
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