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Commodities Briefing - Categorized | Performance, Trading more

Meet the world’s largest commodities trader: Glencore Xstrata

Posted on 03 May 2013

Glencore completed its takeover of Xstrata on Thursday, becoming the world’s fourth largest mining company and the world’s largest commodities trader.The announcement comes after 15 months of difficult negotiations and lengthy antitrust reviews.
The merger adds coal, copper, zinc and lead mines to Glencore’s trade empire, which will now include more than 90 commodities “from copper to barley and from oil to vanadium.”……………………………………….Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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