Xstrata

Xstrata plc was a global diversified mining company headquartered in Zug, Switzerland. It was founded in 2002 through the demerger of the non-mining assets of Glencore AG and the acquisition of the Australian coal company MIM Holdings. Xstrata operated in various commodity sectors, including copper, coal, nickel, ferroalloys, zinc, and platinum group metals. The company had a significant global presence with operations and projects in Europe, South America, Australia, Asia, and Africa.

Throughout its existence, Xstrata pursued a strategy of growth through acquisitions and organic development. Notable acquisitions included the purchase of Falconbridge in 2006, which significantly expanded its nickel and copper operations, and the acquisition of BOC Gases in 2006, which provided a substantial industrial gases business. The company was known for its focus on developing large-scale, long-life mining assets.

In 2013, Xstrata was acquired by Glencore International, its former parent company, in a deal valued at approximately $30 billion. The merger created Glencore Xstrata, which was subsequently rebranded back to Glencore plc. The integration of Xstrata's assets and operations into Glencore's existing portfolio was a major event in the mining industry, forming one of the world's largest diversified commodity trading and mining companies. Prior to the acquisition, Xstrata was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.