Mission and Values

Our mission

We grow and manage a portfolio of businesses to deliver vital natural resources, industry-leading shareholder returns and sustainable value for our stakeholders. We are proud to pursue this aim, in partnership with our stakeholders, developing our people and assets to their fullest potential and making a lasting, positive contribution to society.

Our mission is simple. It defines our role in society. We deliver natural resources that are at the heart of everyday life and are central to the development of society. We extract these products profitably to create value for our shareholders, efficiently with respect for the environment, and responsibly to leave communities with lasting benefits from our presence – such as infrastructure, improved local skills or thriving new businesses.

We can’t do this alone. Our success depends on the strength of our partnerships with our stakeholders, from our people to our customers to local communities, governments and other mining companies.

It is the way we do business. Every day we strive to perform better than yesterday, not just in financial terms – which are crucial – but also in the way we contribute to society, the environment and the communities in which we operate.

Our five values reflect our culture and the way we do business. They appear deceptively simple. But they provide us with our competitive advantage and every day our people strive to live up to these ideals.

Our values

We do what we say

Integrity and trust are vital to Xstrata. In our highly decentralised structure, we trust our people to make the right decisions for our business. And we count on the trust of the partners we work with for our ongoing success. We earn their trust by being straight-talking, open and transparent. We deliver on our promises and our actions must match our words.

We act decisively to create value

Xstrata people do what they say, but with an unerring focus on creating value. Commercially astute and unencumbered by bureaucracy, we make decisions quickly, maintaining the momentum that is vital to our success. Our momentum keeps our skills honed, our instincts sharp and creates opportunities for our people. With momentum, we pursue opportunities to create value in its broadest sense – from industry-leading shareholder returns, to essential products for society, to meaningful benefits for communities.

We hold ourselves accountable

We focus on value and maintaining momentum, but our actions are always guided by a sense of accountability. Our people are empowered to do the right thing and this responsibility goes hand in hand with personal accountability. Each of us is personally accountable to all of our stakeholders for our actions over the long term.

We dare to be different

An important element of Xstrata’s difference is our courage to challenge convention, to find innovative ways to create value and improve every day. It’s not about being rebellious or different for its own sake. It’s about having an entrepreneurial spirit that inspires individuals to act as owners of our business, be inventive and never stand still.

We act with care

In everything we do, we work with a sense of care. The safety and wellbeing of our people are more important than any production or financial targets. We respect the environment and we work in partnership with our stakeholders to create lasting benefits for the communities and countries in which we live and work.