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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]
The deadline for Xstrata's bid to be complete was 21 July 2006. Xstrata acquired and absorbed Falconbridge in late August 2006, leaving Inco open to bids by Phelps Dodge and the Brazilian company CVRD. [5] [6] Falconbridge became Xstrata Nickel, which continued to be based in Toronto. On 2 May 2013 Glencore completed the merger with Xstrata.
The Kidd Metallurgical Site (or Met Site) is a metallurgical facility in Timmins, Ontario, Canada.It was built in 1980 and owned and operated by Xstrata Copper, following their 2006 takeover of Falconbridge Ltd. [1] [2] The site employs approximately 675 hourly employees.
In 1981, it was sold to Canada Development Corporation, then sold in 1986 to Falconbridge Ltd., which in 2006 was acquired by Xstrata, which in turn merged with Glencore in 2013. Ore from the Kidd Mine is processed into concentrate at the Kidd Metallurgical Site , located 27 km (17 mi) southeast of the mine, [ 2 ] which until 2010 also smelted ...
MIM Holdings was taken over by Xstrata for a total of US$2.96 billion (A$4.93 billion), including assumed debt, in 2003, [3] and delisted from the Australian Stock Exchange on 30 June 2003. [1] At that time, MIM Holdings was one of the world's biggest coal exporters. [4] On 2 May 2013, Xstrata merged with Glencore to form Glencore Xstrata plc. [5]
The combined Xstrata-Donner exploration team discovered the ore deposit and the two companies will spend $158-million to develop the project. Jean Desrosiers, vice-president of mining operations for Xstrata Zinc Canada, said he is "delighted" with development of the Bracemac-McLeod mine, which will produce 80,000 tonnes of zinc and 10,000 ...
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