Evolution of a 21st century company

Exxaro was created and listed on the JSE in November 2006. Since then, we have grown to become South Africa's foremost black-empowered and diversified commodities and energy company with a global asset portfolio including coal operations and investments in iron ore, pigment manufacturing*, renewable energy (wind) and residual base metals.

2006

• On 27 November 2006, Kumba Resources Limited (Kumba Resources) unbundled its iron ore business and created two separate focused mining groups – Exxaro Resources and Kumba Iron Ore Limited (listed on the JSE in the general mining sector)
• Exxaro's assets were:
  • Coal
  • Mineral sands
  • Base metals and industrial minerals
• Listing share price: R57.58

2007

• Medupi coal supply agreement signed
• Acquired Namakwa Sands
• Deal of the Year Award; creation of Exxaro Resources Limited
• Top employer in South African mining industry (Top Employers Institute)
• Closing share price: R103.45

2010

• Reduced HIV/Aids prevalence to 13% (national rate was 25%)
• Closing share price: R136.24

2009

• Exxaro's Evergreen Awards instituted to recognise top performers in various categories of the organisation
• Closing share price: R104.50

2008

• Signatory to the UNGC
• Included in JSE Socially Responsible Investment Index
• Closing share price: R71.90

2011

• Progress with energy and carbon management measurements across the business
• Top 10 in EY Excellence in Integrated Reporting Awards
• Closing share price: R168.00

2012

• Zeeland water treatment plant near Lephalale in Limpopo received Blue Drop certification
• Carbon Disclosure Project Leadership Index top score of 100 points
• Among top 10 companies worldwide delivering highest returns to shareholders over 10 years (Boston Consulting Group)
• Cennergi (joint venture with Tata Power) formed to realise renewable energy ambitions
• Closing share price: R169.00

2013

• Frost and Sullivan Visionary Innovation Leadership Award
• Deloitte Best Company to Work For (second place in mining category)
• Carbon Disclosure Leadership Index score of 97 points
• Best risk information system implementation award (Institute of Risk Management South Africa)
• Top 10 in EY Excellence in Integrated Reporting Awards
• Closing share price: R146.46

2015

• Global bronze medal in RobecoSAM 2015 sustainability reference guide (for ESG performance)
• Best Corporate Governance Award for Africa region (Ethical Boardroom magazine)
• Merit award in EY Excellence in Integrated Reporting Awards
• Acquired Total Coal South Africa
• Closing share price: R44.04

2014

• Top employer in South African mining industry (Top Employers Institute)
• Deloitte Best Company to Work For (resources sector)
• Top 10 global leaders in Carbon Disclosure Leadership Index
• Top 10 in EY Excellence in Integrated Reporting Awards
• Closing share price: R103.50

2016

• New chief executive officer (CEO) appointed: Mxolisi Mgojo replaced Sipho Nkosi
• Merit award in EY Excellence in Integrated Reporting Awards
• Exxaro's 10-year BEE ownership structure unwinds
• Cennergi windfarms commissioned
• Thabametsi project approved
• North Block complex receives the prestigious JT Ryan Award for operating with no fatality since 1925
• Closing share price: R89.50

2017

• Replacement BEE transaction implemented
• Merit award in EY Excellence in Integrated Reporting Awards
• Business of tomorrow team formed
• Closing share price: R162.50

2018

• Mid-cap winner in CSSA Integrated Reporting Awards
• Belfast project breaks ground
• Closing share price: R137.87

2020

• Cennergi became wholly owned subsidiary of Exxaro on 1 April 2020
• Achieved three fatality-free years in March 2020
• LTIFR of 0.05
• Collaborated with communities, public and private sectors to mitigate COVID-19 (donated R20 million to Solidarity Fund)
• South Africa winner for 2021 and accredited as a Top Employer in South Africa (Top Employers Institute)
• Ranked 13th in the Sunday Times Top 100 Companies in South Africa in the 2020 listing
• Ranked third in the TRAC SA 2020
• Published climate change position statement
• Ranked among 100 best emerging market ESG performers by Vigeo Eiris
• Matla achieved 730 LTI-free days
• Secondary listing on A2X Markets
• The conneXXion awarded silver WELL Core and Shell certification by International WELL Building Institute (First in South Africa)
• Record coal exports of 12Mt
• Closing share price: R138.90

2019

• Coal Safe Awards for Matla 1 and Leeuwpan mines for 40 fatality-free years
• Moved to the conneXXion
• Partnership with Accenture awarded silver in Loerie Awards for MyNexxt learning and development platform
• Finalist in 2019 South African Graduate Employers Association Awards (mining sector)
• Newcomer Award in Absa Business Day Supplier Development Awards 2019
• Localisation and enterprise and supplier development (ESD) recognition award at 2019 South Africa Investment Conference
• Top 40 winner in CSSA's Integrated Reporting Awards
• Coal Safe Best Safety Performance for a company with over 10 000 employees
• Closing share price: R131.14

2021

• Won the globally recognised ESG Investing award: Best Sustainability Reporting and Finalist for Climate Change Reporting
• Integrated report recognised as excellent at the EY Excellence in Integrated Reporting Awards
• Ranked in top 100 Moody's Vigeo Eiris best emerging markets
• Best manager of the year award for Mxolisi Mgojo (CEO)
• LTIFR of 0.08
• Achieved five years fatality-free
• Closing share price: R154

Established the Decarbonisation Portfolio Management Office

Our 2020 ESG report won the best sustainability reporting award in the metals and mining category at the 2021 ESG Reporting Awards