Exxaro Resource limited Report Selector 2018

Report Selector

Exxaro Resources Limited Integrated report 2018

Chairman's Review

“The past financial year was eventful, but positively so, for Exxaro. Almost in line with the message from the president of both the governing political party and Republic of South Africa, Cyril Ramaphosa... ” – Jeffrey Van Rooyen

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CEO statement

“The fulfilment of our purpose — powering better lives in Africa and beyond — can partly be measured through our ESG performance, which was rated 3.7 out of 5.0 by the FTSE Russell ESG ratings. Individual ratings for each element appear in the original report on our website. ” – Mxolisi Mgojo

View CEO Statement

Finance Director's Review

“The price for API4 coal rose 17% in FY18 to US$98/tonne, while the price for iron ore fines 62% Fe (CFR (China)) dropped 1%. ” – Pieter Koppeschaar

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Our purpose as a company is to
power better lives in
Africa and beyond

by responsibly investing in mining,
energy, water and agri-economy.

View Our Strategy


Our Leadership

The board of directors of Exxaro Resources Limited is fully committed to the principles of good corporate governance as elaborated in King IV. The directors regard these as fundamental to achieving King IV governance outcomes, including the business success and sustainability of the company, through the ethical and effective leadership of the board. Transparency, accountability and integrity — the pillars of responsible corporate citizenship — permeate everything we do and ultimately deliver value to our shareholders and our broader stakeholder groups, including the communities in which we operate.

View Leadership


  • 2006
  • 2007
  • 2008
  • 2009
  • 2010
  • 2011
  • 2012
  • 2013
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018


  • Lists on the JSE on 27 November 2006


  • Medupi contract signed
  • Acquires Namakwa Sands
  • Deal of the year award
  • Best employers South Africa 2007


  • Signatory to UN Global Compact
  • Included in JSE SRI


  • Exxaro’s Evergreen awards instituted


  • Reduced HIV/Aids prevalence to 13%


  • Progress with energy and carbon management to measure across the business
  • Top 10 of EY integrated reporting awards


  • Zeeland water treatment receives Blue Drop certification
  • Top 10 in Financial Mail for financial excellence
  • Carbon Disclosure Project Leadership Index (CDLI) top score of 100 points
  • One of the top 10 companies worldwide for delivering the highest returns to shareholders over 10 years (Boston Consulting Group)
  • Cennergi (JV with Tata Power) formed to realise renewable energy ambitions


  • Frost and Sullivan Africa award for visionary innovation
  • Deloitte best company to work for (BCTWF) — second place for mining
  • Dow Jones Sustainability Index inclusion
  • CDLI score of 97 points
  • Best risk information system implementation award by Institute of Risk Management South Africa
  • Top 10 of EY integrated reporting awards


  • Top employer in SA mining industry (Top Employers Institute 2014)
  • Best company to work for (top SA employer certification 2014 in resources)
  • Top 10 of global leaders of CDLI
  • Top 10 of EY integrated reporting awards


  • Global bronze medal in RobecoSAM 2015 sustainability reference guide (for ESG performance)
  • Best corporate governance award for Africa region (Ethical Boardroom magazine 2015)
  • Merit award EY integrated reporting awards


  • Merit award EY integrated reporting awards
  • Exxaro 10-year BEE ownership structure unwinds
  • International Institute of Risk Management innovation award
  • Cennergi wind farms commissioned
  • Thabametsi project approved


  • Replacement BEE transaction implemented
  • Merit award in the EY integrated reporting awards
  • Business of tomorrow team formed


  • Winner CSSA integrated reporting awards
  • Belfast project breaks ground