Nickel Investing News » 2010, Glencore’s Solid Year

2010, Glencore's Solid Year

May 18, 2010 @ 9:05 pm In Nickel Company News

Xstrata Plc's (XTA.L) biggest shareholder, Glencore International AG ^[1] [GLEN.UL], the trading and mining giant, has announced that 2010 is a solid year for the company. It has sold nickel, zinc, and copper at higher prices at the start of the this year.

Henri Alexaline, a credit analyst at BNP Paribas was quoted saying:

"If anything, these earnings make even more of a case for them to come to investors and ask for equity capital in the future."

Click here to access the entire news ^[2]

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[1] Glencore International AG: http://www.glencore.com/pages/company_overview.htm

[2] Click here to access the entire news: http://www.reuters.com/article/basicMaterialsSector/idUSLDE64H1EK20100518