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Glencore Xstrata’s strategy is to maintain and build upon its position as one of the world’s largest diversified natural resources companies.

The merger of Glencore and Xstrata was the logical next step for two highly complementary businesses. Xstrata provides further experience and skill to the production side of the business to supplement Glencore's own production expertise. Glencore brings its expertise and agility to the marketing and trading part of the business. The combination enables Glencore Xstrata to take advantage of changing trends in the way that natural resources are consumed and supplied globally, especially as a result of the demand in emerging economies.

Our unique business model allows us to benefit from diversification across soft and hard commodities, a worldwide footprint and integration all the way from first exploration, production and processing to marketing and distribution to our end customers. This sets us apart from our industry peers and, supported by an entrepreneurial culture and value-seeking mindset, allows us to create value over the short, medium and longer term and maximise opportunities throughout the cycle.

Glencore Xstrata benefits from superior growth from the two companies’ complementary project pipelines, together with resilient and sustained profitability in marketing. We prioritise the highest return projects, cost management and enhancing our logisitical capabilities to further enhance returns. The growth prospects for Glencore Xstrata are underpinned by volume growth in the combined industrial assets base, which in turn enhances opportunities for growth in marketing. In addition, we continue to buy from thousands of third party commodity producers worldwide, and these relationships enable us to identify opportunities to grow its asset base. Our enhanced scale, diversification and financial flexibility enable us to capture more of these opportunities, provided they are consistent with our strategy.