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XSTRATA

Business summary

Xstrata is a global diversified mining group, listed on the London and Swiss stock exchanges and headquartered in Zug, Switzerland. Its businesses maintain a meaningful position in seven major international commodity markets: copper, coking coal, thermal coal, ferrochrome, nickel, vanadium and zinc, with a growing platinum group metals business, additional exposures to gold, cobalt, lead and silver, recycling facilities and a suite of global technology products, many of which are industry leaders. Xstrata’s operations and projects span 19 countries.

Since Xstrata’s IPO on the London Stock Exchange in 2002, its scale, scope, geographic spread and commodity diversification has been transformed through a combination of incremental acquisitions, organic growth projects, operational improvements and value accretive, company-transforming acquisitions.

Xstrata’s primary strategic aim is to create superior shareholder value by growing and managing a diversified portfolio of mining and metals businesses. Xstrata’s Mission statement recognises that to continue to grow and create value over the long term, it must operate in an ethical and transparent way, forming mutually beneficial partnerships with its stakeholders.

Xstrata’s ICMM membership

Xstrata joined ICMM in 2006. Mick Davis, CEO Xstrata: “We recognise that by operating to leading sustainability standards we will earn and maintain a reputation for integrity and responsibility from our stakeholders. Our membership of the ICMM is part of our commitment to be an industry leader in sustainability. Through the ICMM, we contribute to the development of new leading practice standards and innovative approaches to sustainability issues in mining”

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