Xstrata plc
Xstrata: 2005 results
Xstrata, the miner with interests in copper, coking coal, thermal coal, ferrochrome, vanadium and zinc reported a 50% growth in EBITDA for the year to December 2005. Growth was helped by strong commodity prices but reduced output cost the company an estimated $9m.
Coal earns the company around 43% of EBITDA, copper contributes 36%, alloys contribute […]
Xstrata: H1 results
Xstrata, the miner, announced better than expected results for the half year to June 2005. Attributable operating profits rose by 80% to $763.8m, driven by higher commodity prices. Group revenue rose by 28% to $3,766m while operating profit increased by 74% to $1,079m.
Higher commodity prices led to a rise in Group operating profit of $772m […]
Xstrata
Full year turnover to December 2004 at miner Xstrata was up 47% (proforma, assumes the MIM acquisition took place at the beginning of the corresponding period), EBITDA was up 117% (proforma) to US$2.1bn due to stronger commodity prices. Xstrata is a diversified miner that mainly producers copper, coal (coking and thermal), ferrochrome, vanadium and zinc.
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