Xstrata

Xstrata plc
Company typePrivate company
IndustryMetals, Mining and other Investments
Founded1926
FateReversed IPO – Private Company
HeadquartersZug, Switzerland
(Head office)
London, England (Registered office)
Key people
Sir John Bond (Chairman)
Mick Davis (CEO to 2014)
ProductsPrecious Metals, Metals, Non Metals, and Special Ore Materials
Revenue$31.618 billion (2012)[1]
$4.790 billion (2012)[1]
$1.180 billion (2012)[1]
Number of employees
35,000 (2018)
Websitewww.xstrata.com.mx

Xstrata plc was an Anglo-Swiss multinational mining company headquartered in Zug, Switzerland and with its registered office in London, United Kingdom.[2] It was a major producer of coal (and the world's largest exporter of thermal coal), copper, nickel, primary vanadium and zinc and the world's largest producer of ferrochrome.[2] It had operations in 19 countries across Africa, Asia, Australasia, Europe, North America and South America.[3]

Xstrata had a primary listing on the London Stock Exchange and was a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £29 billion as of 23 December 2011, making it the 16th-largest company on the London Stock Exchange.[4] It had a secondary listing on the SIX Swiss Exchange. In the 2013 Forbes Global 2000, Xstrata was ranked as the 202nd largest public company in the world.[5]

On 2 May 2013 Xstrata was acquired by Glencore.[6] Glencore later retired the Xstrata brand, and the company name changed from Glencore Xstrata plc to Glencore plc.

The Xstrata name survives in the Mexican foreign capital company Xstrata Mexico.[7]

  1. ^ a b c "Preliminary Results 2012". Archived from the original on 10 March 2013. Retrieved 19 March 2013.
  2. ^ a b "Group structure". Xstrata plc. Archived from the original on 23 August 2010. Retrieved 31 August 2010.
  3. ^ "Xstrata operations". Xstrata. Archived from the original on 23 August 2010. Retrieved 31 August 2010.
  4. ^ "FTSE All-Share Index Ranking". stockchallenge.co.uk. Retrieved 26 December 2011.
  5. ^ "Forbes Global 2000". Forbes. Retrieved 30 July 2020.
  6. ^ "Glencore finishes takeover of Xstrata". Financial Times. 2 May 2013. Archived from the original on 11 December 2022. Retrieved 3 May 2013.
  7. ^ "WHO ARE WE? | Xstrata". Retrieved 24 April 2022.