Xstrata plc (LSE: XTA, SIX: XTAN) is a global mining company headquartered in Zug, Switzerland and with its registered office in London, United Kingdom. It is 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 has operations in 19 countries across Africa, Asia, Australasia, Europe, North America and South America.
Its primary listing is on the London Stock Exchange and it is a constituent of the FTSE 100 Index. It has a secondary listing on the SIX Swiss Exchange. Its largest shareholder, with a shareholding of around 34%, is Glencore International AG.
The Company was founded in 1926 in Switzerland as Südelektra, an infrastructure and electricity projects concern operating in Latin America. In 1990, Marc Rich + Co AG became its majority shareholder. In the 1990s it diversified into mining and disposed of its non-core businesses.
It was first listed on the London Stock Exchange in 2002 at which time it acquired Glencore's coal assets in Australia and South Africa.