Xstrata
Xstrata plc was an Anglo-Swiss multinational mining company headquartered in Zug, Switzerland and with its registered office in London, United Kingdom. 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. It had operations in 19 countries across Africa, Asia, Australasia, Europe, North America and South America.
| 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) |
| $4.790 billion (2012) | |
| $1.180 billion (2012) | |
Number of employees | 35,000 (2018) |
| Website | www.xstrata.com.mx |
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. 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.
On 2 May 2013 Xstrata was acquired by Glencore. 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.