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Exxaro

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Exxaro Resources
Company typePublic
JSE: EXX
IndustryMining
FounderUnbundling of Kumba Resources, merged with Eyesizwe Coal and Namakwa Sands
Headquarters,
Key people
Geoffrey Qhena (Chairman)
Bennetor Magara (CEO)
PA Koppeschaar (CFO)
ProductsCoal products and Energy
RevenueIncrease R 32 771 billion[1] (2021)
Increase R 7 460 billion[2] (2021)
Increase R 16 373  billion[3] (2021)
Total assetsIncrease R 75 717 1 billion[4] (2021)
Total equityIncrease R 50 098 billion[5] (2021)
Number of employees
6648 (2016)
Websitewww.exxaro.com

Exxaro Resources Limited (Exxaro, the company or the group) is a South Africa-based diversified resources company with a coal business and acquisitive growth prospects[clarification needed] in minerals and energy.[6]

Exxaro is among the top five coal producers in South Africa.[7]

The company is listed on the Johannesburg Stock Exchange and at 31 December 2021, had assets of R75.7 billion [8] 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.[9]

Background

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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.[10]

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.[11]

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 (cXX).

References

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  1. ^ "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
  2. ^ "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
  3. ^ "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
  4. ^ "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
  5. ^ "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
  6. ^ "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
  7. ^ "Exxaro Resources Limited – Integrated report 2021 | About Exxaro". investor.exxaro.com. Retrieved 13 December 2022.
  8. ^ "Exxaro Resources Limited – Integrated report 2021 | About Exxaro". investor.exxaro.com. Retrieved 14 December 2022.
  9. ^ Publications, Crown (25 March 2020). "Exxaro to list on A2X". www.crown.co.za. Retrieved 15 December 2022.
  10. ^ "Exxaro Resources Ltd", Bloomberg BusinessWeek, United Kingdom, 2012, archived from the original on 18 January 2013, retrieved 24 October 2012
  11. ^ 'Mine of future' launch set for November, South Africa: Mining Weekly, 2012, retrieved 24 October 2012