Xstrata Company Description
If you get extremely excited about the extraction of mineral resources, you surely know all about Xstrata. The company exports coal from and produces ferrochrome and vanadium in Australia and South Africa, mines and smelts zinc in Spain (through subsidiary Asturiana de Zinc) and Germany, and mines copper throughout the Americas and the Asia/Pacific region. Xstrata plc was formed in 2002 when Xstrata AG bought Glencore International's coal assets. The following year, the company acquired MIM Holdings, a deal that doubled Xstrata's coal and zinc holdings. Copper is the company's largest segment, accounting for just under half of sales. Glencore owns more than a third of Xstrata.
View the Comprehensive Company Description for Xstrata
The Company Description provides a historical perspective of Xstrata's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Xstrata's evolution in the marketplace.
