In 1999 Südelektra AG is renamed Xstrata. With the new name comes new management, and a new aggressive strategy: a shift towards mining, particularly base metals and coals, through the rapid acquisition of mining assets. Xstrata is listed on the London Stock Exchange in 2002, and continues to grow into one of the world’s largest mining giants.1
1 Alessio Maria Matteocci, “Glencore PLC: Decoding a Black Box” (MSc. diss., Luiss Guido Carli 2017), https://tesi.luiss.it/18832/