Monday, Xstrata Plc (XTA.L), in its production report for 12 months ended December 31, 2009, said Xstrata Alloys progressively increased production from 20% of annual capacity at the start of 2009 to around 85% by year end in line with improving demand.
The company said it reported stronger second half volumes of chrome, platinum, copper, semi-soft and coking coal, with a significant increase in fourth quarter volumes across almost all commodities compared with third quarter.
Xstrata's low-cost Nickel Rim South mine produced more than 500,000 tonnes of ore in 2009 and will reach full capacity of 1.25 million tonnes in 2011, on time and on budget.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.