Xstrata plc was an Anglo-Swiss multinational mining company headquartered in Zug, Switzerland and with its registered office in London, United Kingdom. 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. It had operations in 19 countries across Africa, Asia, Australasia, Europe, North America and South America.Xstrata had a primary listing on the London Stock Exchange and was a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £29 billion as of 23 December 2011, making it the 16th-largest company on the London Stock Exchange. It had a secondary listing on the SIX Swiss Exchange.
On 2 May 2013 ownership of Xstrata was fully acquired by Glencore. Glencore has also announced that they will no longer use the 'Xstrata' brand and it will be phased out. Glencore Xstrata plc is now Glencore plc.
After over a century of existence and a major overhaul of the company after the reversed IPO in Q 4 2014 separating the original Xstrata core group investors from the historical Glencore merger, Xstrata is stronger than ever.
Its global investment sphero-platform has diversified from its core Mining Activity as a full-fledged Private Investment Company dedicated to global long-hold direct investments in target industry sectors or in specific strategic investment projects where the company has expertise and can enhance value.
Xstrata today has invested in 51 portfolio companies in 30 countries spread across other core industry sectors and still retains major global presence within its core mining investment area in all major continents with 35,000 employees.