Freeport Indonesia to process 400,000t of copper concentrate at new smelter
Earlier this month, Freeport obtained an export permit for the rest of the year from the government.
Glencore Xstrata will just be called Glencore, according to a report from the Financial Times.
The name change will be rolled out in 2014. The FT learned of the change from “. . . people familiar with the situation.”
Kicked off in 2012, the merger of Swiss-based commodities giants Glencore and Xstrata was a protracted saga fraught with repeated setbacks and delays. Regulatory approval wrapped up in early 2013.
Glencore Xstrara is the world’s 12th largest company, according to Fortune Global 500.
