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 PARTNERS WITH DIS-CHEM PHARMACY TO VACCINATE EMPLOYEES

Press Release • 19 Oct 2021

EXXARO PARTNERS WITH DIS-CHEM PHARMACY TO VACCINATE EMPLOYEES

Black empowered mining company, Exxaro Resources, recently partnered with Dis-Chem to vaccinate its employees, contractors, and their next of kin at the Exxaro head office, the conneXXion. As at 15 October - the partnership began in August 2021 and has seen over 570 people receive the vaccination through the partnership thus far. General Manager - Safety and Health at Exxaro, Dr Joseph Matjila expressed his excitement to this partnership by saying that “to reach herd immunity has to do with partnerships, not just between business and government but between business and business. The health of our people and citizens, is a responsibility that sits on us all and not just our government health department.” According to the Minerals Council South Africa (MCSA), 41% of mining employees are partially/fully vaccinated.

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Amakhala emoyeni community fund trust_lighting the community of cookhouse

Press Release • 15 Oct 2021

Amakhala emoyeni community fund trust_lighting the community of cookhouse

Diversified mining company Exxaro Resources’ Cennergi and the Amakhala Emoyeni Community Fund Trust (AECFT, the beneficiary of ED and SED funds from the 134 MW Amakhala Emoyeni Wind Farm) in partnership with the Blue Crane Route Local Municipality did an on-site inspection of the erection of thirty (30) solar powered streetlights. The battery pack streetlights aim to assist with lighting up the most vulnerable parts of Cookhouse to prevent crime and promote safety. Roland Tatnall, Exxaro’s MD for Energy explained that the electrification of this area through solar energy highlights Exxaro’s sustainable energy values and how the mining company is addressing environmental challenges. “Through the erection of solar powered lights

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EXXARO EMPOWERS TOMORROW’S LEADERS WITH ADDITIONAL CLASSROOMS AT ARNOT COLLIERY PRIMARY SCHOOL

Press Release • 19 Apr 2021

EXXARO EMPOWERS TOMORROW’S LEADERS WITH ADDITIONAL CLASSROOMS AT ARNOT COLLIERY PRIMARY SCHOOL

Exxaro, one of South Africa's largest black-empowered and diversified resource companies, today handed over additional classrooms at Arnot Colliery Primary School in Sikhululiwe Village – an informal mining settlement in the Steve Tshwete Local Municipality, Mpumalanga. What began as a relocation project has since turned into an education initiative that has positively impacted young learners in the village and its surrounding communities. Initially, the Department of Education set out to build a primary school in the village to accommodate the new residents and their children. Exxaro, one of South Africa's largest black-empowered and diversified

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EXXARO’S LEEUWPAN COAL MINE HANDS OVER CERTIFICATES TO ESD CANDIDATES

Press Release • 06 Apr 2021

EXXARO’S LEEUWPAN COAL MINE HANDS OVER CERTIFICATES TO ESD CANDIDATES

Through its vision of powering better lives in Africa and beyond, Exxaro aspires to be more than just a mining company. By implementing leading practices in enterprise supplier and development (ESD) across all their core operations, it has invested in the success of other smaller businesses inside and outside the mining value chain. Exxaro believes that the success of their business relies on the success of society. That is why these ESD initiatives intend to promote economic transformation through developing the skills of entrepreneurs and suppliers and integrating them into competitive markets to generate more jobs and sustainable communities. On 4 March 2021, Exxaro’s Leeuwpan Coal Mine

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EXXARO REAFFIRMS ITS COMMITMENT TO UPLIFTING AND DEVELOPING HOST COMMUNITIES

Press Release • 25 Mar 2021

EXXARO REAFFIRMS ITS COMMITMENT TO UPLIFTING AND DEVELOPING HOST COMMUNITIES

Exxaro hosted its Annual Financial Results Presentation for its 2020 financial year and to reaffirm its ongoing commitment to powering better lives in the communities the company operates in.“The community projects that we invest in address the current socio-economic challenges and offer solutions beyond the life of our mines for our communities to become independent and sustainable,” said Mzila Mthenjane, Executive Head of Stakeholder Affairs at Exxaro. While the world comes to grips with the COVID-19 pandemic, Exxaro has and will continue to proudly play its part in ensuring the well-being of its employees and community members. Exxaro’s continued dedication to uplifting

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EXXARO, TOGETHER WITH GIBS, IS OFFERING BUSINESSES THE OPPORTUNITY TO LEARN AND GROW THROUGH A PRESTIGIOUS TRAINING PROGRAMME.

Press Release • 12 Mar 2021

EXXARO, TOGETHER WITH GIBS, IS OFFERING BUSINESSES THE OPPORTUNITY TO LEARN AND GROW THROUGH A PRESTIGIOUS TRAINING PROGRAMME.

Exxaro has partnered with Gordon Institute of Business Science (GIBS) to develop contractors in the mining value chain by offering this prestigious training programme. Applications are now open, click on this link to apply https://www.research.net/r/EXX... . The application process will close on Thursday 18 March 2021.Qualifying criteria for the training programme: Applicant must be a Black owned business with a 51%+ Black ownership, and must be an EME (i.e. latest annual turnover of less than R10 million) or QSE (i.e. latest annual turnover of less than R10 million)

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HARNESSING TECHNOLOGY & AUTOMATION IN A PANDEMIC TO HELP GROW ECONOMIES

Press Release • 09 Mar 2021

HARNESSING TECHNOLOGY & AUTOMATION IN A PANDEMIC TO HELP GROW ECONOMIES

The COVID-19 pandemic has given rise to a unique set of challenges within the mining industry and the rest of the world. Aspects of our daily lives, as well as the global economy, have all been forced to undergo significant changes to keep up with the pandemic. The opportunity presented to businesses by the pandemic, in many cases, has been the push needed to drive pace over perfection when it comes to technology testing and adoption. Exxaro’s migration from mechanised mining to automation began long before COVID-19; the pandemic has accelerated the pace of our digital transformation journey, but it’s something we have prioritised for a while. for a while. Our Belfast mine is digital and connected, using data science, automation, and connected

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REIGNITING MINING CAPITAL: ESG INVESTING IN A COVID-RECOVERY WORLD

Press Release • 09 Mar 2021

REIGNITING MINING CAPITAL: ESG INVESTING IN A COVID-RECOVERY WORLD

The South African mining industry has rolled into 2021 with confidence and strength achieved during the previous year from commodity prices, which remain supported at high levels. This is despite the disruption on operations from lockdowns and protocol measures in response to the spread of the COVID-19 pandemic. Mining companies continue to weather the effects of a global economic downturn through prudent cost-cutting, capital rationing and returning cash to shareholders. However, there was also an impressive response from the industry to partner with government and other social players to address local and national challenges related to medical facilities and accessories as well as community well-being during the first wave

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LET’S GET REAL ABOUT GENDER EQUALITY

Press Release • 26 Feb 2021

LET’S GET REAL ABOUT GENDER EQUALITY

Since our democracy started in 1994, equality, diversity and inclusion have become important goals that we must all continue to work towards to ensure the growth and prosperity of our country. This isn’t only something for government to focus on - businesses have a critical role to play when it comes to realising inclusion and equality regardless of race and gender. Yet gender equality isn’t as high a priority as it should be in many industries. Through my work at Exxaro, I’ve seen just how much of a difference a company can make when it prioritises gender equality. By bridging this gap, companies and in turn, industries are not only recognising woman employees as equal members of the workforce, but they acknowledge and benefit from the valuable contribution that women

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EXXARO IS A PROUD SPONSOR OF THE 2021 WOMEN IN MINING CONFERENCE

Press Release • 16 Feb 2021

EXXARO IS A PROUD SPONSOR OF THE 2021 WOMEN IN MINING CONFERENCE

Exxaro is proud to announce that the black-empowered mining company is a sponsor of the 2021 Women in Mining Conference. The company will be sponsoring and participating in the conference, with an anti-gender-based violence (GBV) workshop hosted on the third day of the conference. The Women in Mining event, taking place from 17 to 19 February, aims to empower women employed in the mining industry. The theme this year is, “Moving from the integration to the development of women in mining”. This is a cause that continues to be a priority for Exxaro as it strives to build a work culture that fosters diversity, inclusivity and development. Exxaro firmly believes that men and women are equal, and that no man or woman should face

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EXXARO LAUNCHES GROOTEGELUK COVID-19 COMMUNITY SUPPORT INITIATIVES

Press Release • 10 Feb 2021

EXXARO LAUNCHES GROOTEGELUK COVID-19 COMMUNITY SUPPORT INITIATIVES

As our countAs our country continues to be greatly affected by the COVID-19 pandemic, Exxaro, one of South Africa’s largest black-empowered resource companies, has implemented community support initiatives to aid host communities in these difficult times. Exxaro’s Grootegeluk mine – situated in Lephalale, realised the untold loss and devastation caused by the pandemic, continues to support its community members. Ronaldt Mafoko, General Manager for Exxaro’s Grootegeluk Complex, explained why collaboration and support like this is key to effectively overcome COVID-19. “As the economic heartbeat for so manyry continues to be greatly affected by the COVID-19 pandemic, Exxaro,

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EXXARO RESOURCES AWARDED TOP EMPLOYER CERTIFICATION FOR 2021 FOR ITS INDUSTRY-LEADING PEOPLE DEVELOPMENT PRACTICES

Press Release • 25 Jan 2021

EXXARO RESOURCES AWARDED TOP EMPLOYER CERTIFICATION FOR 2021 FOR ITS INDUSTRY-LEADING PEOPLE DEVELOPMENT PRACTICES

The 2021 Top Employers have been announced and diversified resources company Exxaro, has been recognised as a Top Employer in South Africa. Being certified as a Top Employer reflects the mining organisation’s dedication to a better world of work, exhibiting this through excellent human resources policies and people practices. This is the second time Exxaro has received the honour, with its first Top Employer recognition in 2014. The Top Employers Institute programme certifies organisations based on the participation and results of their HR Best Practices Survey. This survey covers six HR domains consisting of 20 topics, including people

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