Glencore Xstrata PLC

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  • 172.03p
  • -5.05p (-2.85%)


Glencore share price subdued as group updates on full-year output

Glencore updates on full-year output

Own-sourced copper production rises but sales fall

2 weeks ago


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About Glencore Xstrata PLC

Glencore Xstrata Plc (LON:GLEN) is an Anglo–Swiss multinational commodity trading and mining company, involved in activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of metals and minerals, energy products and agricultural products. The company is structured into three distinct business segments: Metals and Minerals, Energy Products and Agricultural Products. Its diversified operations comprise of over 150 mining and metallurgical sites, offshore oil production assets, farms and agricultural facilities.
The company is headquartered in Baar, Switzerland and has a registered office in Saint Helier, Jersey. The group's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries. As of 2013, it ranked twelfth in the Fortune Global 500 list of the world's largest companies.
Glencore Xstrata was formed following the merger of Glencore International plc (founded 1974) and Xstrata plc (founded 1926), which was completed in May 2013. In July 2013, the company announced that it has completed the merger of its Mutanda Mining Sarl and Kansuki Sarl copper-cobalt mining operations in the Democratic Republic of the Congo.
Glencore Xstrata has a primary listing on the London Stock Exchange, where it is a constituent of the FTSE 100 Index, and a secondary quote on the Hong Kong Stock Exchange.

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