Our business model
VISION: TO POWER BETTER LIVES IN AFRICA AND BEYOND, BY RESPONSIBLY INVESTING IN MINING, ENERGY, WATER AND AGRI
INPUTS
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NATURAL
CAPITAL |
- Run-of-mine 79.4Mtpa
- Land managed for six mining operations
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- Water withdrawn 8.7Mm3
- Diesel 73 926kl
- Electricity 569 131MWh
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HUMAN
CAPITAL |
- 6 500 employees
- 10 000 contractors
- Skills development and
talent management
R260m
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- Safety training
- Health programmes
- Culture journey
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SOCIAL
CAPITAL |
- Infrastructure R32.2m
- Schools R6.3m
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- Reputation
- SLP projects R45.9m
- Enterprise and supplier development R180m
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MANUFACTURED
CAPITAL |
- Six mining operations
- Business of tomorrow (water, protein)
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INTELLECTUAL
CAPITAL |
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- Business excellence R1.5m*
- 450 trainees
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* equivalent although training was provided by internal resources |
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FINANCIAL
CAPITAL |
- Core equity-accounted income R3.3bn
- Core EBITDA R7.3bn
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- Capex R5.8bn
- R7.8bn cash dividend paid (including special dividend)
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KEY OUT COMES
OUR TRADE-OFFS
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- Dust suppression below target
- Carbon intensity down 2%
- Water intensity reduced
by 30% from baseline
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- 2 environmental incidents
- 96% compliant to licences and
authorisations
- 100% valid mining rights
- Zero stoppage directives
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- Rehabilitation offsetting
environmental impacts
- R280m spent on concurrent
rehabilitation
- Over 20% of land disturbed
concurrently rehabilitated
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- Zero employee and contractor
fatalities
- 0.12 LTIFR (
 )
- 0.33 OHIFR (
 )
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- Employment equity talent
bench 43% above target
- Scarce-skills retention
on target
- 6 648 employees received
training
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- Increased spend on safety
- Excellent safety performance
minimised production
downtime
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- Culture journey creating
organisational alignment
on values and teamwork,
but requires change
management
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- 32 families relocated to new
houses at Belfast
- Tshikondeni legacy project
R4.4m
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- Enterprise and supplier
development at 2.5% of NPAT
- Net positive impact reputation
- Top-quartile performer in mining
on environment, social and
governance (ESG)
- BEE status improved by 1 level
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- Supplier development:
R100m in grants and loans
supported 14 start-ups
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- Enterprise development:
R80m in grants and loans
supported 10 start-ups
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- Zero cost overruns on mega
projects
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- Implementation timelines for
mega projects on target
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- R952m on Belfast project
- R4.8bn on Grootegeluk
(GG6) expansion for over
1.7Mtpa more semi-soft coking
coal
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- R570m on Leeuwpan life
extension for 2.7Mtpa of
thermal coal
- Aquicure Ltd BEE start-up
- Animal feed protein process
business started
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- Core system availability at
99.8%
- Zero cyber intrusions
- Operational excellence savings
of R479m
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- Employees trained on Lean
improvement methods
- Digitalisation 12% below cost
but 8% time overrun
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- 2018 capex improved
production by 5%
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- Investment in training has
improved efficiency of key
supply chain management,
human resources and
information management
processes by 70%
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- Core EBITDA margin 29%
- ROCE 23%
- Core HEPS 2 159c
- Market capitalisation R49bn
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- Net debt to equity 9%
- Governance structures ESG
analyst rating at 4.6 out of 5
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- 21 days of community unrest
cost Exxaro in lost production
- No loss due to stoppages
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- Resource-to-market
optimisation process aligning
ore-to-market supply with
highest possible yields
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