Glencore Xstrata Defies Weak Prices as Copper, Nickel, Zinc Projects Turn Up Profits

SUGAR LAND--August 21, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Glencore Xstrata (LSE:GLEN) (Baar, Switzerland), one of the world's largest mining and commodity-trading companies, reported sharp overall improvement for the first half of 2014, as stronger sales volumes and cost improvements, particularly for copper, zinc, nickel and grain products, offset a continuing weakness in commodity prices. Industrial Info is tracking $26.6 billion in projects involving Glencore Xstrata, including more than $10.8 billion in South America and more than $6.9 billion in Africa. Within this article: Details on several Glencore Xstrata projects, including the Las Bambas and El Pachon mines in South America and the Zanaga, Katanga and Mutanga mines in Africa.