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VIDEO: One Fool puts Glencore Xstrata PLC (LON:GLEN) under the spotlight.
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
Glencore Xstrata (LSE: GLEN) is probably the best UK play on nickel and, according to its 2013 results, Glencore stands to earn an extra $170 million for every 10% rise in the nickel price. Even for a company of Glencoreâs size, a 30% move in the nickel price is therefore quite significant. As former BP boss Tony Hayward joins the company as chairman, Owain Bennallack delves into this mining opportunity…
https://youtu.be/2PXwdv4rU2Y
