Xstrata plc is a global diversified mining company. The Company focuses on seven international commodity markets: copper, coking coal, thermal coal, ferrochrome, nickel, vanadium and zinc, with additional exposures to gold, cobalt, lead and silver. Xstrata plc’s operations and projects span 19 countries. Its activities are organized into five global commodity businesses: alloys, coal, copper, nickel and zinc, and a technology business. Xstrata Alloys is a producer of ferrochrome and primary vanadium. Xstrata Coal is an exporter of thermal coal and a producer of hard coking coal and semi-soft coal. Xstrata Copper is a copper producer, with mining and processing facilities located in Australia, Chile, Peru, Argentina and Canada. Xstrata Nickel is a nickel and cobalt producer. Xstrata Zinc is a miner and producer of zinc. Xstrata Technology Services supports the processes involved in mining.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Xstrata PLC's revenues decreased 41% to $9.54B. Net loss from continuing operations totaled $530M, vs. a profit of $2.77B. Revenues reflects decreased sales from Coal, Ferroalloys, Platinum and Copper divisions. Net loss also reflects the absence of profit on restructuring of joint venture, the presence of share of loss of associates vs. an income in the prior period and a decreased operating margins.