CAPITAL MARKETS

Coal up, copper down for Xstrata

SWISS mining giant Xstrata has reported record annual production from its Australian thermal coal operations, with output rising 12% to 49.8 million tonnes, while copper production was down.

Kristie Batten
Coal up, copper down for Xstrata

Total coal production for 2011 was 85.3Mt, up 7% on 2010. Mined nickel production of 105,925t was also a new record for the company. Xstrata attributed the 15% jump in production to the reopening...

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