Exxaro Resources is proud to announce a major investment into manganese assets in the Northern Cape, a move that marks a bold step forward in the company’s growth strategy and long-term commitment to the country’s mining future.

This investment supports Exxaro’s strategy of diversifying into critical minerals that power global development, such as manganese, used in steel and emerging battery technologies while continuing to prioritise coal as a key part of South Africa’s energy mix and economic stability. Located in the world-renowned Kalahari Manganese Field, the newly acquired assets have strong long-term potential.

“This is a proud moment for Exxaro. We are growing into future-facing minerals like manganese while continuing to invest in coal, which remains a priority for us and vital to South Africa’s economy and energy needs. We are creating a stronger, more resilient business that delivers value for our shareholders, our country, and our host communities.” said Ben Magara, Chief Executive Officer of Exxaro.

Exxaro remains deeply committed to ensuring that its investments uplift the areas in which it operates. This includes creating jobs, supporting small local businesses through procurement opportunities, developing skills among young people, and delivering social programmes that improve lives.

The company continues to lead with environmentally responsible practices and remains focused on operating safely, ethically, and in partnership with host communities. These values are central to how Exxaro grows - with purpose, pride, and inclusivity.

Exxaro continues to invest in its coal operations, recognising their strategic importance in providing energy security and supporting livelihoods across South Africa. With this manganese acquisition, the company strengthens its position as a leader in South African mining, balancing energy needs, environmental responsibility, and inclusive economic development.

“Our approach ensures that our growth also uplifts local communities through job creation, skills development, and sustainable social impact — reinforcing our role as a purpose-driven, proudly South African company, concludes Ben Magara, Exxaro CEO.

Press Briefing The Exxaro CEO will be briefing the media at 13:00 today, 13 May 2025.

To join the briefing please click here. Dial in by phone +27 21 821 4993 Phone conference ID: 690 324 433#