Strategy

Xstreco at a glance

Mission and Values

Strategy

Key policies

History

Management

Governance

Xstreco is focused on expanding its business through strategic acquisitions and consolidation of other companies. This allows the company to broaden its product range, regional presence and customer base.

Company Expansion:

A Strategic Approach

Xstreco is currently embarking on a robust expansion plan that involves a strategic combination of mergers, acquisitions and divestitures. This carefully designed approach allows the company to identify potential acquisition targets, conduct diligent due diligence, and develop comprehensive integration plans. The process ensures the seamless incorporation of new businesses into the Xstreco organization and facilitates smooth transitions between corporate cultures. The company is committed to achieving both short-term and long-term goals, extending the life of its operations and resource base by minimizing waste and maximizing efficiency.

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Mining Industry Evolution:

Embracing Change

In recent decades, the mining industry has undergone remarkable changes due to technological advances. These innovations have enabled more efficient mineral extraction processes and the adoption of environmentally friendly practices. Xstreco is committed to capitalizing on these industry changes by implementing progressive ethical and environmental policies. By exploring various organic growth projects, the company aims to increase the value of its partnerships and mines, ensuring the continued success and growth of the organization.

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Innovation and Growth:

A Commitment to Excellence

Xstreco is dedicated to refining all aspects of its business, including products and services, to drive long-term sustainable growth. This commitment to innovation, exceptional customer service and adapting its business model allows the company to deliver superior value to its customers while mitigating the risk of disruption. Xstreco is confident that these initiatives will result in increased growth and sustainability for the company in the years to come.

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Strategic Priorities:

Fostering Development and Success

Xstreco recognizes the importance of investing in the development of its employees and the communities in which it operates, while maintaining a long-term view of its goals. To maintain this commitment, the company actively identifies growth opportunities by evaluating strategic priorities and seeking new ventures. Xstreco's aim is to establish itself as an industry leader by building a portfolio of projects that can be delivered on time and within budget. The company's overall goal is to create value for shareholders and stakeholders alike. To achieve this, Xstreco focuses on its core competencies, effective risk management and embracing change as a driving force for success.

Name

Nicolas Ehrminger

Role

Chief Executive Officer

Based

Switzerland

Nicolas Ehrminger is a dedicated and results-oriented leader, committed to fostering growth and innovation. His service in the military, highlighted by his achievements as a qualified athlete and aerobatic pilot, has instilled in him a strong sense of discipline and leadership.

Transitioning to the field of compliance and regulation, Nicolas has exhibited remarkable proficiency. At Xstreco, he has been instrumental in advancing cutting-edge infrastructure, particularly in the areas of compliance, administration, and sustainability.

Nicolas' unwavering dedication to excellence is a reflection of his esteemed family heritage. His great-grandfather, Johannes Nestler, a pioneering mining engineer who graduated from the prestigious "Bergakademie" in Freiberg, Germany, in 1926, established a family legacy deeply rooted in the mining industry. Upholding this legacy, Nicolas is dedicated to perpetuating the family’s tradition of excellence and innovation in the mining sector, while also embracing modern principles of compliance and sustainability.

Name

Antonio Espada

Role

Managing Director for Development

Based

Spain

Antonio Espada discovered his passion for engineering and technology at an early age. He began his career at companies such as CASA and Aeroterwia, developing innovative thermo-mechanical solutions.

His talent and dedication led to promotions and industry recognition.‍ After military service, Antonio Espada joined IPIAC, a Brazilian and Paraguayan company specializing in the production of mining machinery. His expertise helped him rise through the ranks and play a critical role in the company's success. In the early 2000s, he moved to Ecuador to establish MIMADER SA, his third mining company.

Despite challenges, his leadership helped MIMADER become a leader in Ecuador's mining industry.‍ Returning to Spain, he founded and managed several metallurgical companies, continuing to innovate and grow the industry. With over 30 years of experience in the mining of metals and minerals, Antonio Espada is a respected authority in the field and has contributed significantly to its growth and development.

Group Governance

Xstreco is committed to maintaining high standards of corporate governance, ensuring adherence to values, business principles and Swiss regulations.

Sustainable Development

Xstreco prioritizes and integrates sustainable development into its decision-making, operations and partnerships, focusing on economic, social and environmental aspects.