Latest Press Releases

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 • 21 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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Appointment of Ben Magara as new chief executive officer of Exxaro

Press Release • 13 Mar 2025

Appointment of Ben Magara as new chief executive officer of Exxaro

Following an expedited and targeted selection process, the board of directors of Exxaro (“Board”) is pleased to announce the appointment of Mr Bennetor (“Ben”) Magara as the incoming CEO, effective 1 April 2025. Ben will succeed Acting CEO, Mr Riaan Koppeschaar, who will continue in his role as Finance Director.Ben is a qualified Mining Engineer and highly regarded mining veteran with over 35 years’ industry experience in both soft and hard rock mining at underground and open pit operations. He is renowned for driving operational excellence and providing strategic leadership at multiple large mining operations from his early days at Anglo American Coal and most recently, and notably, the stabilisation, restructuring, and turnaround of Lonmin Plc and its subsequent disposal

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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. Exxaro Resources, South Africa’s black empowered diversified minerals and energy solutions business

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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.Karreebosch, owned 80% by Cennergi and 20% by G7, is located between the towns of Sutherland in the Northern Cape and Matjiesfontein in the Western Cape. The wind farm will supply clean electricity to Northam Platinum’s

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Press Release Archive

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

Press Release • 13 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 Mozambique’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 • 24 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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Rhino returns to Zinave National Park, Mozambique, after 40 years

Press Release • 05 Jul 2022

Rhino returns to Zinave National Park, Mozambique, after 40 years

The first 19 white rhinos have been successfully translocated from South Africa to Zinave National Park in Mozambique through the longest road-transfer of rhinos ever done. This landmark and pioneering rewilding initiative, the first in a series of white and black rhino translocations still to follow, is the result of a partnership between Mozambique’s National Administration for Conservation Areas (ANAC), Peace Parks Foundation and Exxaro Resources, in support of and in collaboration with the Governments of Mozambique and South Africa. The President of Mozambique, His Excellency, Filipe Nyusi today visited Zinave to celebrate the return of the species to the park in more than four decades. The rebuilding of a founder white and black rhino population will take place over the next few years as part of a national conservation

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Exxaro champions inclusive and innovative economic development in mining through youth empowerment

Press Release • 24 Jun 2022

Exxaro champions inclusive and innovative economic development in mining through youth empowerment

According to Statistics South Africa (StatsSA) - unemployment statistics have remained high at 34.5% in the first quarter of 2022 and youth unemployment statistics have reached a staggering 63.9%. To address this economic crisis, it is imperative that the public and private sectors collaborate to foster inclusive youth empowerment initiatives – taking into consideration the racialised nature of South Africa’s historical and prevailing systems of inequality. And with June being Youth Month in South Africa, this allows the country to not only commemorate the June 16, 1976, Soweto Uprisings, but it is also a reminder of the role the youth play in defining the economic

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Mining and the circular economy by Riaan Koppeschaar, Finance Director (Executive Head of Finance) at Exxaro Resources

Press Release • 20 Jun 2022

Mining and the circular economy by Riaan Koppeschaar, Finance Director (Executive Head of Finance) at Exxaro Resources

Scientists have asserted that the rise in temperatures due to global warming carries risks of increased flooding, wild fires, extreme weather, and destruction of natural species. Faced with these impending catastrophes, signatories of COP26 have pledged carbon neutrality by 2050 to reduce global temperatures to 1.5 degrees. As a signatory of COP26, South Africa created the Presidential Climate Commission to foster a pathway for a net-zero, climate resilient economy by 2050. On 18 February 2022, the government introduced the Climate Change Bill to enable effective climate change response and a long-term, Just Energy Transition to a low-carbon economy and society for South Africa.

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NERSA Approves Registration of Cennergi’s 80MW Lephalale Solar Project for Exxaro Resources’ Grootegeluk Mine

Press Release • 10 Jun 2022

NERSA Approves Registration of Cennergi’s 80MW Lephalale Solar Project for Exxaro Resources’ Grootegeluk Mine

Cennergi Holdings Ltd (Cennergi), a wholly-owned subsidiary of diversified mining and renewable energy company Exxaro Resources (Exxaro), has welcomed the registration of its 80MW Lephalale Solar Project (“LSP”) by the National Energy Regulator of South Africa (NERSA) and the Regulator Executive Committee earlier this week. LSP is the first phase of the decarbonisation of Exxaro’s flagship Grootegeluk mine at Lephalale in Limpopo province. The Managing Director of Energy at Exxaro & Cennergi, Roland Tatnall, expressed the company’s excitement at this milestone and its role in accelerating Exxaro’s target of carbon neutrality by 2050. The team worked incredibly hard to ensure LSP

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Exxaro takes action with unep for world environment day

Press Release • 07 Jun 2022

Exxaro takes action with unep for world environment day

To commemorate World Environment Day, the United Nations Environment Programme (UNEP) put in place an opportunity for influential companies such as Exxaro Resources, to share the steps they have taken to make a positive impact on the planet. This year’s theme – Only One Earth – has emphasised the importance of collaborating on a global scale towards transformative action to celebrate, restore and protect our planet. Exxaro Resources, as a leading diversified mining and renewable energy solutions company, has a commitment to protect the environment and communities in which it operates by powering better lives in Africa and beyond. There is a common misconception that the mining sector cannot coexist with environmental stewardship, but Exxaro has proven otherwise.

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Investing in the renewable energy journey now; 2050 is closer than we think…

Press Release • 03 Jun 2022

Investing in the renewable energy journey now; 2050 is closer than we think…

The United Nations’ (UN) Climate Action Plan 2050 provides guidance on all areas of action to achieve our global and domestic climate targets in line with the Paris Agreement. At Exxaro, it is evident that the time has come to scale decarbonisation if we are to induce the level of change needed in our business and, more broadly, our economy. We are incorporating sustainability agents that drive development and stabilise, restore or improve the environment into our strategies. For many years the world has understood the root cause of climate change: increased fossil fuel consumption and other activities associated with economic development driving rising greenhouse gas emissions. The rapid adoption of renewable energy is clearly critical

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Exxaro and Total Energies SA donate over R1 million to communities to fuel quality education

Press Release • 01 Jun 2022

Exxaro and Total Energies SA donate over R1 million to communities to fuel quality education

Exxaro Resources, the diversified mining and renewable energy solutions company in partnership with energy company Total Energies South Africa is proud to announce a donation of more than R930 000 to education programmes in Limpopo and Mpumalanga, supporting efforts to empower the local communities. Exxaro believes that sustainable communities are created through proactive engagement, deep understanding of societal needs, and best practices. Furthermore, we recognise the importance of partnerships, as it allows for resource optimisation, thus having a broader reach in our communities. When our fuel supplier, TotalEnergies South Africa, donated funds for socio-economic

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Exxaro Resources’ young changemakers chosen for UN SDGs Innovators Programme

Press Release • 18 May 2022

Exxaro Resources’ young changemakers chosen for UN SDGs Innovators Programme

Exxaro is pleased to announce that four of its brilliant young employees, Simone Naicker, Basetsana Malekele, Makolo Kanku and Muhammad Jassat have been selected to be part of the United Nations Global Compact’s prestigious Young Sustainable Development Goals (SGDs) Innovators Programme.The programme prides itself in cultivating the next generation of changemakers and Exxaro is exceptionally honoured that its young talent is getting an opportunity to benefit from the mentoring and capacity building that the Young SDGs Innovators Programme is known for. The objectives of the Programme align perfectly with Exxaro’s Growth and Impact Strategy, making our participation a no-brainer. We will hopefully be the first of many

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