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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Exxaro Champions Sustainable Development at the 2023 Mining Indaba

Press Release • 02 Feb 2023

Exxaro Champions Sustainable Development at the 2023 Mining Indaba

We are proud to announce that Exxaro Resources will be participating in the 2023 Mining Indaba, which is aptly themed “Unlocking African Mining Investment: Stability, Security, and Supply”. The Mining Indaba is dedicated to pursuing the successful capitalisation and development of mining interests on the African continent.

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Business and social partners collaborate to progress Mpumalanga’s Just Transition and drive large-scale, socio-economic development

Press Release • 25 Nov 2022

Business and social partners collaborate to progress Mpumalanga’s Just Transition and drive large-scale, socio-economic development

Amidst South Africa's carbon-reduction ambitions, notably the Just Transition, the envisaged socio-economic impacts will require multi-pronged socio-economic diversification. The Just Transition puts communities and SMMEs at the centre of the economic transformation, requiring that the private and public sectors work together as well as intimately with communities to create decent work opportunities, while transitioning to [lower-carbon economic][1] activities. Maximizing the socio-economic opportunities of the transition and simultaneously minimising and mitigating any challenges is a cornerstone of the Just Transition, and will require intensive dialogue among all

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Exxaro Donates R10 Million to the Gift of the Givers Fund to Help Victims of Shack Fires and Floods

Press Release • 22 Nov 2022

Exxaro Donates R10 Million to the Gift of the Givers Fund to Help Victims of Shack Fires and Floods

South Africa has seen a steep increase in climate related disasters over the past few years that have left vulnerable communities worse off. In the province of KwaZulu-Natal (KZN), heavy rain between 11 – 13 April 2022 resulted in severe flooding and landslides that led to the death of over 400 people and the destruction of more than 25,000 households. And add to that, between 2019 and 2021, the Western Cape (WC) has been the site of more than 8600 shack fires. Factoring in the loss of lives and damage of integral infrastructure such as roads, schools and health centres, President Cyril Ramaphosa declared a state of disaster. Aligning not only with its purpose, to power better lives, and to be more supportive of vulnerable communities

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Exxaro Resources triumphs Top 5 ranking in 2022 Sunday Times Top 100 Companies Awards

Press Release • 15 Nov 2022

Exxaro Resources triumphs Top 5 ranking in 2022 Sunday Times Top 100 Companies Awards

The diversified mining and renewable energy solutions company, Exxaro Resources, is proud to announce that it is ranked in the 5th position of the prestigious 2022 Sunday Times Top 100 Companies Awards. This is the second year that Exxaro ranks in the Top 5 of the Top 100 Companies Awards. In 2021, Exxaro ranked in 5th position at the annual awards, an achievement that represents admirable progression from 13th in 2020 and up 32 places from its 37th position in 2019. The Sunday Times Top 100 Companies Awards recognizes JSE-listed companies for their contribution to the economy and social progress through investments, initiatives, and job creation opportunities. The awards also applaud these private-sector companies for...

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Exxaro and GIBS EDA host the final graduation ceremony for Contractor Development Programme candidates

Press Release • 02 Nov 2022

Exxaro and GIBS EDA host the final graduation ceremony for Contractor Development Programme candidates

Exxaro and the Gordon Institute of Business Sciences’ (GIBS) Entrepreneurship Development Academy (EDA) are proud to have hosted the final graduation ceremony for Contractor Development Programme cohorts, which took place recently at the GIBS campus in Johannesburg. This year’s graduation ceremony saw 49 companies being represented by 52 graduates, which proves Exxaro’s commitment to help develop sustainable enterprises for its host communities and suppliers. Through this programme, an entrepreneurial spirit blossomed amidst a culture of innovation and social change. To empower people to create sustainable impact, this programme not only helped promote and support the advancement of local Exxaro

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Exxaro’s Commitment to Sustainable Development Yields an A-Rating in MSCI’s ESG Ratings

Press Release • 27 Sep 2022

Exxaro’s Commitment to Sustainable Development Yields an A-Rating in MSCI’s ESG Ratings

Exxaro Resources is proud to announce that in accordance with the Environmental, Social and Governance (ESG) ratings by Morgan Stanley Capital International (MSCI), the diversified [minerals and renewable energy][1] solutions company has sustained its “A” rating and improved in the “E” (Environmental) category. The MSCI ESG Ratings aim to measure a company’s management of relevant ESG risks and opportunities by adapting a rules-based methodology to identify industry leaders and laggards and how they manage those risks. Exxaro Group Manager: Integrated Reporting and ESG Performance, Malusi Buthelezi says, “through our Sustainable Growth and Impact (SG&I) strategy, our various initiatives

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Exxaro’s Zelmia Botha, breaks barriers as SAIMM’S new female President

Press Release • 20 Sep 2022

Exxaro’s Zelmia Botha, breaks barriers as SAIMM’S new female President

Exxaro Resources applauds its Commissioning Manager, Zelmia Botha, who was recently announced as the new President of the South African Institute of Mining and Metallurgy [(SAIMM)][1]. Zelmia’s appointment is a proud moment for Exxaro as she is only the fourth woman to head this prestigious 125-year-old organisation since its inception in 1894. The SAIMM enjoys both local and internaational links aimed at disseminating knowledge and assisting our members source information regarding technological developments in the mining, metallurgical and related sectors. The overarching objective is to ensure that our engineers remain relevant and are able to continue developing professionally as they progress in their respective careers. They are also guided by a professional

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Exxaro earns a prestigious 2nd place position at this year's Global ESG Investing Awards

Press Release • 15 Sep 2022

Exxaro earns a prestigious 2nd place position at this year's Global ESG Investing Awards

The diversified minerals and renewable energy solutions company, Exxaro Resources is proud to announce that at this year’s Global ESG Investing Awards, the mining giant was ranked second place among eight companies, under the Best Sustainability Reporting: Metals and Mining category. The ESG Reporting Awards 2022 are the only awards devoted to assessing the best listed companies in sustainability and climate-related reporting. In assessing entries for each category, the judges examined each company’s reporting policy, methodology, and effectiveness of communication, and clarity and transparency in reporting. Global ESG practices and standards encourage companies to communicate their success to their stakeholders.

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Exxaro Resources Ranked Top 10 in 2022 EY Excellence in Integrated Reporting Awards

Press Release • 12 Sep 2022

Exxaro Resources Ranked Top 10 in 2022 EY Excellence in Integrated Reporting Awards

Exxaro Resources is pleased to announce its 5th position in this year’s Top 10 of the Ernst & Young (EY) Excellence in Integrated Reporting Awards. The diversified minerals and renewable energy solutions company was recognised as the only mining resources company in the top five and continues to deliver solid returns through its integrated reporting and Environmental, Social and Governance (ESG) performance. Ernst & Young is one of the Big Four accounting firms that provides audit, consulting, tax, business risk, technology and security risk services, and human capital services worldwide. The global organisation assesses strategic plans and outcomes of many companies, Exxaro’s CEO, Dr Nombasa Tsengwa “The importance of Integrated

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Black rhinos return to Zinave National Park in Mozambique

Press Release • 31 Aug 2022

Black rhinos return to Zinave National Park in Mozambique

Seven critically endangered black rhino have been safely translocated from Manketti Game Reserve in South Africa to Zinave National Park in Mozambique. This follows the successful reintroduction of 19 white rhino to the park just two months earlier. The white rhinos have adjusted to their new home with ease and, remarkably, a new calf was born into the herd soon after their arrival. The same is hoped for the newly arrived black rhino brought there as part of a pioneering conservation project committed to restoring, securing, and expanding populations of both species. The initiative is the result of a partnership between the mining and renewable energy solutions company - Exxaro Resources, Peace Parks Foundation and Mozambaique’s National Administration for Conservation

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Exxaro underscores commitment to corporate responsibility  with top ranking in FTSE Russell ESG Ratings for 1H2022

Press Release • 29 Aug 2022

Exxaro underscores commitment to corporate responsibility with top ranking in FTSE Russell ESG Ratings for 1H2022

Black empowered, diversified mining and renewable energy solutions company, Exxaro Resources is pleased to announce to its stakeholders that it has once again set the benchmark for its industry in environmental, social and governance (ESG) performance according to the FTSE Russell ESG Index Ratings for the 6-month period to 30 June 2022. The company received a commendable rating - outperforming the basic material industry average and coal industry average. We ranked in the top 10 in the subsector basic resources. According to the FTSE Russell ESG Index Ratings, its data model allows investors to understand a company’s exposure to, and management of ESG

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Exxaro celebrates its commitment to women empowerment by announcing its first female survey manager at its Matla Mine

Press Release • 25 Aug 2022

Exxaro celebrates its commitment to women empowerment by announcing its first female survey manager at its Matla Mine

Diversified mining group Exxaro Resources is committed to creating a sustainable and inclusive future where the advancement of women is at the core of the company’s strategy. This Women’s month, the mining and renewable energy solutions company celebrates the achievement of its Professionals in Training (PIT) programme graduate - Ennie Chitambo, who recently got appointed to be the company’s first female Survey Manager at Exxaro’s Matla mine. Exxaro’s Executive Head for Human Resources, Vanisha Balgobind expressed Chitambo’s achievement as a “significant reminder of the stride’s women have made in the workplace through sheer

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