Xstrata is a multinational mining company that specializes in the exploration, extraction, processing, and trading of various natural resources. It operates in multiple countries and holds significant interests in metals and minerals such as coal, copper, nickel, zinc, and ferrochrome.
Founded in 2002 and originally based in Switzerland, Xstrata has since become a major player in the global mining industry. The company engages in all stages of the mining process, from securing exploration rights to developing and operating mines, as well as marketing and distributing the extracted resources.
Xstrata's operations are spread out across various regions including Africa, Asia, Australia, the Americas, and Europe. The company is known for its focus on sustainable mining practices and its commitment to environmental and social responsibility.
Over the years, Xstrata has expanded through mergers and acquisitions, integrating various mining assets into its portfolio. In 2013, Xstrata merged with Glencore, another global mining and commodity trading company, to form Glencore Xstrata PLC. This merger created one of the world's largest diversified mining and trading companies, with a broad portfolio of commodities and extensive global operations.
In summary, Xstrata is a multinational mining company that specializes in the extraction and trading of various natural resources, operating in multiple countries and maintaining a significant presence in the global mining industry.
