Latest Press Releases

Exxaro and Eskom sign agreement to explore reducing carbon emissions, improving air quality and ensuring a just transition to a low-carbon economy

Press Release • 14 Apr 2025

Exxaro and Eskom sign agreement to explore reducing carbon emissions, improving air quality and ensuring a just transition to a low-carbon economy

Exxaro Resources and Eskom today signed a Memorandum of Understanding (MoU) that focuses on collaboration on strategic initiatives, research, and projects in the areas of Carbon Emissions Reduction, Air Quality and Just Transition. This is consistent with South Africa’s commitment to achieving the goals of the Paris Agreement, international environmental standards, and national regulatory frameworks.The agreement focuses on jointly measuring, managing, and reducing Scope 1, 2, and 3 emissions, and potentially investing in innovative technologies to drive decarbonisation. It also emphasises

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Exxaro delivers on guidance, achieving exceptional export performance, improves safety performance, and maintains superior shareholder returns

Press Release • 13 Mar 2025

Exxaro delivers on guidance, achieving exceptional export performance, improves safety performance, and maintains superior shareholder returns

Exxaro’s performance for the 2024 financial year demonstrated resilience and continued operational excellence. Our net cash position increased to R16.3bn (excluding Energy’s net debt) by the end of 2024, compared to R14.8bn at the end of 2023. As such the Board resolved to embark on a share repurchase programme of R1.2 billion subject to the prevailing market conditions and JSE Listings Requirements. The Board approved a gross final cash dividend of R8.66 per share, for the year ended 31 December 2024. Additionally, the Board approved a R1.2 billion share repurchase programme, subject to prevailing market conditions and JSE Listings Requirements.

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Exxaro’s 2024 Financial Results prove that sustainable impact is truly at the core of the business

Press Release • 12 Mar 2025

Exxaro’s 2024 Financial Results prove that sustainable impact is truly at the core of the business

Exxaro Resources, South Africa’s black empowered diversified minerals and energy solutions business released its full-year financial results for the year ended 31 December 2024. Despite the challenging operational landscape and market conditions, the performance demonstrates resilience in a dynamic industry, reinforcing commitment to the group’s strategic objectives as well as value creation for stakeholders. Some of the highlights include 28 consecutive months without work related fatalities and improving lost time injury frequency rate. This demonstrates Exxaro’s effective safety strategy and dedication of all employees to towards reaching our goal of Zero-Harm.

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Exxaro’s energy solutions business, Cennergi in partnership with G7 Renewable Energies concludes a 20-year Power Purchase Agreement (PPA) to supply 140MW wind power to Northam Platinum

Press Release • 19 Feb 2025

Exxaro’s energy solutions business, Cennergi in partnership with G7 Renewable Energies concludes a 20-year Power Purchase Agreement (PPA) to supply 140MW wind power to Northam Platinum

Cennergi Holdings Ltd (Cennergi), a wholly owned subsidiary of Exxaro Resources Limited, in partnership with G7 Renewable Energies (G7) has successfully achieved financial close on the 140MW Karreebosch Wind Farm (RF) (Pty) Ltd (Karreebosch), marking a significant milestone in South Africa’s renewable energy landscape.

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Exxaro kicks of 2025 with investment in quality education with new classrooms and school hall at Nelsonskop Primary School in Lephalale, Limpopo

Press Release • 17 Jan 2025

Exxaro kicks of 2025 with investment in quality education with new classrooms and school hall at Nelsonskop Primary School in Lephalale, Limpopo

Exxaro Resources handed over a school hall and four (4) classrooms to Nelsonskop Primary School near its flagship site, Grootegeluk Mine in Lephalale, Limpopo. This project forms part of the organisation’s Social and Labour Plan (SLP) commitment, as well as its ongoing efforts to uplift and empower host communities by addressing critical gaps in line with its social impact pillars.

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Exxaro Remains Resilient, With A Strong Balance Sheet Despite Volatile Markets

Press Release • 15 Aug 2024

Exxaro Remains Resilient, With A Strong Balance Sheet Despite Volatile Markets

Exxaro, South Africa’s black empowered diversified minerals and energy solutions business released its half year results ended 30 June 2024, with the highlights including coal export sales of 3.2 million tonnes and a price realisation of 95% in line with our target.

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Exxaro, the Agricultural Research Commission (ARC), and the EKIM Wildlife Centre of Excellence Collaborate to Combat Climate Change

Press Release • 15 Jul 2024

Exxaro, the Agricultural Research Commission (ARC), and the EKIM Wildlife Centre of Excellence Collaborate to Combat Climate Change

Exxaro Resources the Agricultural Research Council (ARC) and the EKIM Wildlife Centre of Excellence this morning announced the signing of a Memorandum of Understanding (MoU) that strengthens a shared commitment to combating climate change and promoting sustainable development. This collaboration marks a significant step in leveraging research, innovation, and strategic initiatives to address the pressing challenges posed by climate change.

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Exxaro Annual CEO Sustainable Impact Summit Spotlights Unity for a Safer Future

Press Release • 15 Apr 2024

Exxaro Annual CEO Sustainable Impact Summit Spotlights Unity for a Safer Future

This morning, Exxaro Resources Limited hosted its annual CEO Sustainable Impact Summit at its Matla Mine, in Kriel Mpumalanga. This year’s event placed emphasis on a comprehensive commitment to safety, prioritising Exxaro’s zero-harm vision where all employees can make it home safely after a day’s work.

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Exxaro continues to support host communities after a positive year- end financial and operational performance

Press Release • 18 Mar 2024

Exxaro continues to support host communities after a positive year- end financial and operational performance

Diversified mining and renewable energy solutions company Exxaro Resources has delivered a robust set of results despite a complex and challenging operating environment. The mining giant’s performance underscores its adaptability and commitment to powering possibility in the communities where it operates.

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Exxaro’s Annual Results for the Twelve Months Ended 31 December 2023 Press Release

Press Release • 14 Mar 2024

Exxaro’s Annual Results for the Twelve Months Ended 31 December 2023 Press Release

Exxaro Resources Limited (Exxaro), the black empowered diversified resources and renewable energy group, reported its second highest EBITDA performance of R13.4 billion (FY22: R19 billion) and HEPS of 46.81 (FY22: R60.16) for the financial year ended 31 December 2023, a robust performance despite lower export prices and lower domestic and export sales

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Press Release Archive

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Exxaro Resources and the Council of Geoscience Unite Forces in Landmark Agreement for Decarbonisation

Press Release • 05 Dec 2023

Exxaro Resources and the Council of Geoscience Unite Forces in Landmark Agreement for Decarbonisation

As a mining and renewable energy solutions company that believes in sustainable value creation through its relationships, impact, and vision, Exxaro is committed to ensuring economic and social stability, energy security and supply. In collaboration with the Council of Geoscience (CGS), Exxaro has entered a memorandum of understanding (MOU) to further its sustainability and decarbonisation efforts. The CGS is a national science council in South Africa which is mandated with custodianship of geological information and knowledge. The MOU expresses an intention to collaborate on carbon capture, utilisation and storage (CCUS) initiatives towards the reduction of greenhouse gas emissions, thereby promoting climate change adaptation

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Exxaro and Cennergi launch Lephalale Solar Project

Press Release • 16 Nov 2023

Exxaro and Cennergi launch Lephalale Solar Project

Diversified mining and renewable energy solutions company, Exxaro Resources, alongside its wholly owned subsidiary, Cennergi, unveil the Lephalale Solar Project (LSP) through a sod-turning ceremony. Located in the Waterberg District of South Africa's Limpopo Province, the LSP signifies the start of Exxaro’s self-generation and organic growth aspiration, as part of implementing their Sustainable Growth and Impact strategy. The project is a behind-the-meter solar PV plant of utility-scale. The sod-turning event is the ceremonial opening of the project. Construction has already commenced, with the project set to be completed during the first quarter of 2025. The LSP project is a significant milestone for Exxaro in its contribution towards enhanced energy security of the Grootegeluk Mine

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Exxaro and GIBS Empower Suppliers and Uplift Communities: New Cohorts Join Contractor Development Programme

Press Release • 18 Jul 2023

Exxaro and GIBS Empower Suppliers and Uplift Communities: New Cohorts Join Contractor Development Programme

The Exxaro GIBS Contractor Development Programme (CDP) is a partnership between Exxaro, a diversified mining and renewable energy company, and the Gordon Institute of Business Science (GIBS). The programme aims to support the advancement of suppliers from Exxaro host communities through business education and mentorship. Since the CDP’s launch in November 2020, the programme has seen more than 65 entrepreneurs graduate, equipped with improved management skills, contribution to enhance business performance. Recognising the success of the programme, Exxaro and GIBS introduced the 4th and 5th cohorts in April 2023, welcoming

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Exxaro’s Cennergi: Empowering Communities through Transformative Educational Initiatives

Press Release • 12 Jul 2023

Exxaro’s Cennergi: Empowering Communities through Transformative Educational Initiatives

Exxaro Resources, through its wholly owned subsidiary and renewable energy solutions business, Cennergi, is empowering communities through a range of impactful educational initiatives. Through strategic partnerships, funding programmes, and training initiatives, the Company creating a brighter future for young learners to foster socio-economic development in the regions it operates. Cennergi launched its Early Childhood Development (ECD) Programme, in 2021 in collaboration with Early Inspiration, a specialised organisation in early childhood development. With a baseline assessment conducted in 2020, the programme aims to enhance the quality of education within

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Cennergi Holdings Announces Financial Close of the Lephalale Solar Project which will deliver clean energy to Exxaro's Grootegeluk Mine

Press Release • 05 Jul 2023

Cennergi Holdings Announces Financial Close of the Lephalale Solar Project which will deliver clean energy to Exxaro's Grootegeluk Mine

Cennergi Holdings Limited, a wholly owned subsidiary of Exxaro Resources, is pleased to announce the achievement of financial close of its 68MW Lephalale Solar Project (‘LSP”), which will supply renewable energy to Exxaro’s Grootegeluk flagship mine based in the Limpopo Province. The LSP will serve as a behind-the-meter energy source, directly providing solar power to Exxaro's Grootegeluk mine for 25 years through a power purchase agreement (PPA). Spanning across a 236-hectare development envelope, the project site is strategically situated in the Waterberg District. Located on Exxaro-owned land adjacent to the existing Grootegeluk mine operations

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COALSAFE recognises exxaro as safety stewards at the 2023 annual conference

Press Release • 30 May 2023

COALSAFE recognises exxaro as safety stewards at the 2023 annual conference

Three Exxaro Resources Business Units walked away with six safety awards at the 2023 COALSAFE Awards. Hosted by the South African Colliery Managers' Association (SACMA), the COALSAFE Awards recognise the efforts of the coal mining industry in upholding safety standards with specific reference to people, environment, and the communities in which the companies operate. In the safety category Matla Mine 1 was awarded for achieving 18 000 Fatality Free Production Shifts and Matla Mine 3 received an award for achieving 10 000 Fatality Free Production Shifts. Leeuwpan Mine received one award for 0.00 Lost Time Injury Frequency Rate and another award for achieving 30 200 Fatality Free Production Shifts. Grootegeluk received

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Exxaro and Youth Employment Services (YES) partnership continues to build opportunities for the youth in South Africa

Press Release • 24 May 2023

Exxaro and Youth Employment Services (YES) partnership continues to build opportunities for the youth in South Africa

Diversified mining and renewable energy solutions company, Exxaro Resources’ partnership with the Youth Employment Services (‘YES’) programme, has led to 259 youth in its host communities from Mpumalanga and Limpopo provinces being afforded job opportunities, since the inception of the programme in quarter one of 2022. Given the risks and opportunities inherent in the communities where Exxaro operates, the company’s Human Rights Policy has identified the right to equal opportunities/non-discrimination and transformation as key areas of potential impact related to Human Rights that the business aims to address. According to the Statistics South Africa - youth unemployment rate

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Exxaro’s sustainability summit goes back to basics to eliminate repeat safety incidents in the group

Press Release • 20 Apr 2023

Exxaro’s sustainability summit goes back to basics to eliminate repeat safety incidents in the group

Top Employer company, Exxaro Resources, hosted its annual Sustainability Summit today in Lephalale – Limpopo Province. The prestigious event remains a strategic platform to celebrate the groups’ sustainability achievements and to reflect on its safety, health, employee wellness and environmental performance. Aligned with its Human Rights Policy – Exxaro strives to provide its employees and contractors with a safe and healthy work environment. The diversified mining and renewable energy solutions company also celebrated its 33 years Fatality Free milestone at its open-pit operation at Leeuwpan, 10 years Fatality Free milestone at its flagship operation at Grootegeluk, and its 6 years

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EXXARO Annual Results for the Financial year ending 31 December 2022

Press Release • 17 Mar 2023

EXXARO Annual Results for the Financial year ending 31 December 2022

16 March 2023, Exxaro Resources Limited (Exxaro), the black empowered diversified resources and renewable energy group, reported a record 78% increase in EBITDA to R19 002 million (FY21: R32 771 million), and a 28% increase in HEPS at R60.16 (FY21: RR46.83) for the financial year ended 31 December 2022, a resilient performance mainly due to the exceptional performance of its coal business, driven by high-quality product mix, and increases in export and domestic sales prices. CEO, Nombasa Tsengwa said, “In spite of the obstacles we have faced this year, Exxaro has once again displayed its agility in navigating through the challenging business operating environment. I am very pleased to present these impressive results

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Exxaro Recognised as Top Employer in South Africa for 2023

Press Release • 22 Feb 2023

Exxaro Recognised as Top Employer in South Africa for 2023

Exxaro Resources, a leading mining and renewable energy solutions company in South Africa, has been formally recognised as the Top Employer in South Africa for 2023 and a major company to work for. This is the fourth time Exxaro has been honoured by the international Top Employers Institute for its Human Resources (HR) policies and practices. Exxaro first achieved the award in 2014 and subsequently in 2021 and 2022. Established over 30 years ago, the [Top Employers Institute][1] has certified 2 053 organisations worldwide in 121 regions across five continents. These certified Top Employers positively impact the lives of over nine million employees globally. The Top Employers Institute certifies companies and organisations

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Exxaro Exemplifies Remarkable Progress Towards a Green Economy through Improved ESG Ratings

Press Release • 14 Feb 2023

Exxaro Exemplifies Remarkable Progress Towards a Green Economy through Improved ESG Ratings

Exxaro’s robust commitment towards a Just Transition has resulted in the organisation becoming the only basic resources company with an improved Environmental Social and Governance (ESG) rating of Level 4.0 in December 2022. According to the FTSE Russell ESG Index Ratings, Exxaro’s rating increased from 3.7 in December 2021 and 3.8 in June 2022. The FTSE Russell ESG Index Rating’s provides investors with an understanding of the company’s exposure to, and management of environmental, social and governance issues. The ESG Rating is an average rating that streams into underlying Pillar and Theme Exposures and Scores - built on over 300 individual indicator assessments.

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Exxaro attains a seat in the 2023 Bloomberg Gender-Equality Index

Press Release • 08 Feb 2023

Exxaro attains a seat in the 2023 Bloomberg Gender-Equality Index

As one of South Africa’s largest black-empowered diversified mining and renewable energy solutions companies, Exxaro Resources is proud to announce that it has been recognised in the 2023 Bloomberg Gender Equity Initiative (GEI) for the fourth consecutive year. This is a testament to our commitment to gender equality and inclusion. Bloomberg’s Gender Reporting Framework uses a standardised global reporting method to acquire comprehensive workplace gender data. The GEI framework defines a set of metrics used to determine a company’s progress towards equal representation of gender through the various employment levels of the organisation. Therefore, various global experts submit the Bloomberg social

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