Latest Press Releases

Exxaro scoops top honours at the EY’s Excellence in Integrated Reporting 2025 awards

Press Release • 09 Sep 2025

Exxaro scoops top honours at the EY’s Excellence in Integrated Reporting 2025 awards

Exxaro Resources is proud to be ranked among the Top 10 companies in this year’s Ernst & Young (EY) Excellence in Integrated Reporting Awards. The awards aim to benchmark and celebrate standards of excellence in the quality of integrated reporting as published by the top 100 JSE-listed companies based on market capitalisation as of 31 December 2024.

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Exxaro and Transnet Freight Rail sign service agreement

Press Release • 25 Aug 2025

Exxaro and Transnet Freight Rail sign service agreement

Exxaro Resources Limited (Exxaro) and Transnet SOC Ltd (Transnet), acting through its Operating Division, Transnet Freight Rail (TFR), are pleased to announce that they have entered into a formal service agreement regarding performance in terms of the existing Long-Term Agreement between the parties. The agreement reached between Exxaro and Transnet is in the best interest of Transnet, Exxaro and South Africa. In terms of this agreement, Transnet and Exxaro will collaborate to improve the performance of its logistics channels, including to contribute to Exxaro’s Leeuwpan mine turnaround plan announced recently.

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Exxaro delivers a resilient 2025 half year performance driven by a focus on safety, Market-to-Resource optimisation strategy, proactive marketing and logistics, and decisive strategy execution.

Press Release • 20 Aug 2025

Exxaro delivers a resilient 2025 half year performance driven by a focus on safety, Market-to-Resource optimisation strategy, proactive marketing and logistics, and decisive strategy execution.

Exxaro Resources Limited (Exxaro) delivers a robust interim performance, underpinned by operational efficiency and marketing excellence, despite persistent global and domestic headwinds. The group reported an increase in revenue of 8% to R20.6 billion for the six-month period ended 30 June 2025 compared to R19 billion for the six-month period ended 30 June 2024 (1H24).

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Exxaro group management structure changes

Press Release • 20 Aug 2025

Exxaro group management structure changes

Exxaro Resources Limited (Exxaro) is pleased to announce changes to its Group Management Structure, in order to reposition an organisation that is fit for the future and a structure that incorporates its growing diversified portfolio, to stabilise the business, enhance agility and collaboration, and enable more responsive decision making as it accelerates the execution of Exxaro’s Sustainable Growth and Impact Strategy. These changes ensure that Exxaro’s leadership team is aligned to exploit opportunities across coal, energy, and transitional metals, while driving capital discipline and operational efficiency.

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Exxaro strengthens diversification, acquires portfolio of assets in Manganese

Press Release • 13 May 2025

Exxaro strengthens diversification, acquires portfolio of assets in Manganese

Exxaro strengthens diversification, acquires portfolio of assets in Manganese Exxaro Resources Limited (“Exxaro”) is pleased to announce its acquisition in a portfolio of manganese assets strategically located within the globally significant Kalahari Manganese Field (KMF) in South Africa’s Northern Cape province. This investment marks a significant milestone in our strategic journey – anchored in our strong coal resources, we are transitioning into a diversified minerals and energy-solutions business.

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Exxaro’s Strategic Investment in Manganese Unlocks Growth and Local Opportunities

Press Release • 13 May 2025

Exxaro’s Strategic Investment in Manganese Unlocks Growth and Local Opportunities

Exxaro’s Strategic Investment in Manganese Unlocks Growth and Local Opportunities Exxaro Resources Limited (“Exxaro”) is pleased to announce its acquisition in a portfolio of manganese assets strategically located within the globally significant Kalahari Manganese Field (KMF) in South Africa’s Northern Cape province. This investment marks a significant milestone in our strategic journey – anchored in our strong coal resources, we are transitioning into a diversified minerals and energy-solutions business.

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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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Press Release Archive

186 items
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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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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