Glencore Xstrata – what it could mean for commodities
In 2006, Xstrata acquired Glencore's stake in Carbones del Cerrejón, the largest coal mining operation in Latin America. Should the merger be confirmed, the new group would become the world's largest exporter of coal. Xstrata, already the world's largest exporter of thermal coal, is likely to make great use of Glencore's …
