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Xstrata profit down 54%

LONDON-listed Xstrata has posted a 54% fall in its second-half profit on lower coal and metal pri...

Greg Tubby
Xstrata profit down 54%

Net income dropped to US$61.7 million from US$133 million in the first half. However, Xstrata said its businesses have performed well given the difficult market conditions. Group turnover rose 6% to...

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