Xstrata plans to build a new coal port in Australia..
Xstrata Plc, the world's No. 1 exporter of steam coal, plans to build a new A$1 billion coal port in Australia, it said on Friday.
Xstrata is to expand its coking coal operations in Canada's British Columbia with the purchase of assets from Talisman Energy for $500m, in the latest sign of demand for the commodity used in steelmaking.