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Xstrata profit hit

XSTRATA'S profit for the six months to June 30 has taken a hit, falling 33% on the previous corre...

Noel Dyson

The company blames the cyclical downturn for its own profit downturn and, to be fair, it certainly is not on its own in that regard.   True, revenue was down, but only by 7% year on year, $15.5 billion...

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