Exxaro

Exxaro Resources
TypePublic
JSE: EXX
IndustryMining
FounderUnbundling of Kumba Resources, merged with Eyesizwe Coal and Namakwa Sands
Headquarters,
Key peopleGeoffrey Qhena (Chairman), Bennetor Magara (CEO), PA Koppeschaar (CFO)
ProductsCoal products and Energy
RevenueIncrease R 32 771 billion (2021)
Increase R 7 460 billion (2021)
Increase R 16 373  billion (2021)
Total assetsIncrease R 75 717 1 billion (2021)
Total equityIncrease R 50 098 billion (2021)
Number of employees
6,648 (2016)
Websiteexxaro.com

Exxaro Resources Limited (Exxaro, the company or the group) is a South African diversified resources company that primarily produces coal.

Exxaro is among the top five coal producers in South Africa.

The company is listed on the Johannesburg Stock Exchange and at 31 December 2021, had assets of R75.7 billion and a market capitalization of R53.4 billion.

History

The company was formerly known as Kumba Resources Limited and changed its name to Exxaro Resources Limited in November 2006. Exxaro Resources Limited is a subsidiary of Main Street 333 Proprietary Limited.

Exxaro Resources announced in October 2012 plans for a "mine of the future" concept. The mine targets zero waste emissions, zero effluent, wash-to-zero and sustainable engineering.

In 2019, Exxaro moved to their new headquarters, in Centurion, Gauteng. The building was designed with a 5-star energy rating and is named the conneXXion (cXX).

In 2020, Exxaro was approved for a secondary listing on the A2X stock exchange.

Operations

Exxaro as at 2025 has the following operating mines:

Exxaro as at 2025 has the following equity investments:

Exxaro also owns Cennergi - its own renewable company. Exxaro Cennergi's primary assets are its renewable energy facilities, which include operational wind farms in the Eastern Cape (Tsitsikamma and Amakhala Emoyeni), a solar power project (LSP) under development, and a new wind farm (Karreebosch) also under construction, supported by partnerships and project financing. Cennergi also offers asset management services for renewable energy projects.

References

  1. ↑ "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
  2. ↑ "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
  3. ↑ "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
  4. ↑ "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
  5. ↑ "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
  6. ↑ "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
  7. ↑ "Exxaro Resources Limited – Integrated report 2021 | About Exxaro". investor.exxaro.com. Retrieved 13 December 2022.
  8. ↑ "Exxaro Resources Limited – Integrated report 2021 | About Exxaro". investor.exxaro.com. Retrieved 14 December 2022.
  9. ↑ "Exxaro Resources Ltd", Bloomberg BusinessWeek, United Kingdom, 2012, retrieved 24 October 2012{{citation}}: CS1 maint: deprecated archival service (link)
  10. ↑ 'Mine of future' launch set for November, South Africa: Mining Weekly, 2012, retrieved 24 October 2012
  11. ↑ Publications, Crown (25 March 2020). "Exxaro to list on A2X". www.crown.co.za. Retrieved 15 December 2022.