Our investment proposition
Based on disciplined governance and capital allocation, quality
resources, access to funds and competitive returns, Exxaro is a
unique listed investment opportunity for shareholders.
- Large multi-product and long-life coal Reserve base
- Established domestic (short- and long-term
contracts) and international customer base
- Adequate port and rail allocation to support
export growth
- Resilient and debt-free 30% black ownership structure
- Ongoing cost and carbon efficiency programmes
- Strong balance sheet – 13% net debt:equity
- Cash-generative operations
- Returning cash to shareholders: dividend policy
of 2.5 to 3.5x coal core attributable earnings,
pass-through of SIOC dividend received and
special dividends from surplus cash
- Organic coal production growth to supply
domestic markets, Eskom and export
markets
- Domestic and offshore coal revenue growth,
completing 57.2% of the R20 billion capex
programme
- Stable revenue model from renewable energy investment
- Experienced, growth-oriented leadership team
- Established governance structures
- proven and leading ESG performance
- Ethical leadership
- Stakeholder-oriented
Exxaro’s monthly closing share price
We recognise that creating value for our
stakeholders depends on effective and efficient
governance processes and practices informed by
the pillars of good corporate citizenship, that is,
transparency, accountability and integrity.
