Exxaro

Exxaro Resources Limited (Exxaro, the company or the group) is a South African diversified resources company that primarily produces coal.[6]

Exxaro is among the top five coal producers in South Africa.[7]

The company is listed on the Johannesburg Stock Exchange and at 31 December 2021, had assets of R75.7 billion [8] 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.[9]

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.[10]

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.[11]

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.

• Grootegeluk - thermal (domestic and export), metallurgical and semi soft coking coal
• Leeuwpan - thermal (domestic and export), metallurgical coal
• Belfast - thermal (domestic and export), metallurgical coal
• Matla - tied colliery (with Eskom) providing thermal coal
• Mafube - JV colliery with Thungela providing thermal (domestic and export), metallurgical coal

• Kumba Iron Ore - 26% equity in Sishen Iron Ore Company (SIOC)
• Black Mountain - 25% equity in Black Mountain Lead Zinc Mine (Vedenta)