Exxaro is one of the largest and foremost black-empowered, South Africa-based diversified resources companies.
Formed in 2006, Exxaro's pedigree and skills were, however, built over decades as a company rooted in South Africa and respected by its peers for its innovation, ethics and integrity.
Our asset portfolio includes interests in coal, titanium dioxide (TiO2), ferrous and energy (wind) markets. Exxaro is a 30% black-empowered and listed company on the JSE's Top 40 index, a constituent of the FTSE4Good Index and a Top 30 member of the FTSE/JSE Responsible Investment index.
In 2019, Exxaro produced 45.6 million tonnes (Mt) (including buy-ins of 0.3Mt) of coal (2018: 47.8Mt), reflecting contributions from our expanded flagship Grootegeluk mine. At 31 December 2019, the group had assets of R68.8 billion and a market capitalisation of R47 billion (US$3.3 billion).
Core operations
Tronox
Titanium dioxide and pigments: 26% direct interest in KZN Sands and Namakwa Sands, as well as 10.38% interest in Tronox Holdings plc, a global leader in mining, production and marketing inorganic minerals and chemicals. In 2017, Exxaro began implementing the strategic disposal of this shareholding. During May 2019, Tronox Holdings plc repurchased 14 000 000 Tronox Holdings plc ordinary shares, for R2.9 billion, from Exxaro after Tronox Limited had redomiciled to the UK.
FerroAlloys
Produces gas-atomised ferrosilicon for use in dense medium separation plants
50% interest in Cennergi (a 50% joint venture with Tata Power Company Limited). Exxaro has acquired the other 50% owned by Tata Power with effect from 1 April 2020.
See footprint on below.
BASE
METALS
RENEWABLE
WIND
ENERGY
COAL
IRON
ORE
10.38%
100%†
EXXARO
Over 80%
20.62%
A leading supplier of high-quality iron ore to the global steel industry and a subsidiary of Kumba Iron Ore Limited.
Coal mining comprises the core of Exxaro’s operations, which are structured under four legal entities, and are all managed by Exxaro. Exxaro has a 50% joint venture with Anglo (Mafube).
Exxaro contributes to national energy supply through Cennergi. Two wind projects in the Eastern Cape reached commercial operation in 2016: Amakhala Emoyeni near Bedford (134MW) and Tsitsikamma Community wind farm on Mfengu community land (95MW).
26% direct interest in KZN Sands and Namakwa Sands and a 10.38% interest in Tronox Holdings plc.
30%
Eyesizwe RF
52.2%
BEE SPV
24.9%
EXXARO
22.9%
IDC***
12.9%
Basadi Ba
Kopane
Investments
84.1%
Eyesizwe
Mining
Investments
3.0%
Eyabantu
Capital