MAC: Mines and Communities

Expanding Xstrata

Published by MAC on 2007-03-30

Expanding Xstrata

30th March 2007

Already the world's fifth biggest mining company, UK-Swiss Xstrata is advancing its hold on nickel with a marketing deal sealed with the world's largest private trader, Glencore (which already owns 40% of Xstrata along with investment bank, Credit Suisse; and the pending acquistion of LionOre.

It's also pounding ahead with expansions in both Argentina and Peru.

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