Xstrata tries again to foil Phelps Dodge buy of nickel firm
July 21st, 2006… Plc increased its hostile bid for Canadian nickel miner Falconbridge Ltd. by 7.2 percent to $16.3 billion to thwart Phoenix-based Phelps Dodge Corp.’s plans for the mining industry’s largest takeover. Xstrata, the Zug, Switzerland-based … Dodge isn’t going to win,” Havens-Hasty said. Mining companies are battling for natural resource assets as China, the world’s …