(Reuters) - Xstrata acquired the aluminum business through its purchase of Canadian miner Falconbridge last year and had been conducting a review to decide whether to use it as a platform to build a bigger aluminum operation or sell it.
"Our review concluded that these assets do not provide Xstrata with the necessary scale or upstream exposure to represent a suitable entry point from which to build a world-class aluminum business," Chief Executive Mick Davis said in a statement.
Read more at Reuters.com Business News
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