Exxaro
Exxaro Resources Limited is a South Africa-based diversified resources company that primarily produces coal.
Exxaro is among the top five coal producers in South Africa.
The company is listed on the Johannesburg Stock Exchange and at 31 December 2021, had assets of R75.7 billion and a market capitalisation of R53.4 billion. Exxaro Resources Ltd has been approved for a secondary listing on A2X Markets on Thursday, 2 April 2020.
Background
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.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.
In 2019, the company moved to their new head office, in Centurion. This building was designed with a 5 star energy rating and is named the conneXXion.
Operations
Exxaro as at 2025 has the following operating mines:- Grootegeluk - thermal, metallurgical and semi soft coking coal
- Leeuwpan - thermal, metallurgical coal
- Belfast - thermal, metallurgical coal
- Matla - tied colliery providing thermal coal
- Mafube - JV colliery with Thungela providing thermal, metallurgical coal
- Kumba Iron Ore - 26% equity in Sishen Iron Ore Company
- Black Mountain - 25% equity in Black Mountain Lead Zinc Mine