07.12.2011 - Xstrata sees commodities rising as euro crisis wanes
Xstrata Plc, the world’s largest exporter of coal used in power stations, expects commodity prices to rise as Europe resolves its sovereign debt crisis. “When we get out of this uncertainty that Europe and the rest of the world is causing us we’ll see some significant price improvements,” Peter Freyberg, head of Xstrata’s coal division, told reporters in London today. “India and China continue to grow. We remain, in the six-month period, positive.”..............................................Full Article: Source
Print