Xstrata’s marketing rights decision said on the horizon

Dec 01, 2006 | 08:36 AM | Meghann McDonell

Xstrata Plc, Zug, Switzerland, could decide as early as next week who will win the marketing rights for its nickel and cobalt, a source close to the company said.

Although many market sources speculate the sales rights are in the bag for Glencore International AG, some have suggested that Xstrata may stick to building up its Falconbridge Ltd. team.

Glencore, Baar, Switzerland, confirmed it is still in talks with Xstrata on the marketing rights, but could not comment on the stage of the decision process.....





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