This article needs additional citations for verification. (January 2020) |
Company type | Private company |
---|---|
Industry | Metals, Mining and other Investments |
Founded | 1926 |
Fate | Reversed IPO – Private Company |
Headquarters | Zug, Switzerland (Head office) London, England (Registered office) |
Key people | Sir John Bond (Chairman) Mick Davis (CEO to 2014) |
Products | Precious 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) |
Website | www.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]