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Exxaro Resources Limited
Consolidated Mineral Resources and Mineral Reserves report 2022

Abbreviations

ALL
A
B
C
D
E
G
H
I
J
K
L
M
N
O
Q
R
S
T
U
V
adb
Air-dried basis
Ag
Silver
AMS
Alternative mining solution
BC
Bottom coal
BMM
Black Mountain Mining
CSA
Coal supply agreement
CV
Calorific value
DAF
Dry ash free volatiles
DMRE
Department of Mineral Resources and Energy
ECSA
Engineering Council of South Africa
ESG
Environmental, social and governance
GIS
Geographic information system
GSSA
Geological Society of South Africa
Ha
Hectare
IM
Inherent moisture
IPP
Independent power producer
IWUL
Integrated water use licence
JORC Code
Australasian Code for Reporting of Exploration Results, Mineral Resources and Mineral Ore Reserves, 2012 edition
JSE
JSE Limited (founded in 1887 as the Johannesburg Stock Exchange)
kcal/kg
Kilocalories per kilogram
LoAP
Life of asset plan
LoM
Life of mine
LoMP
Life of mine plan
MJ/kg
Megajoules per kilogram
MRMR
Mineral Resource Management
MTIS
Mineable tonnes in situ
Mt/Mtpa
Million tonnes/per annum
NEMA
National Environmental Management Act, 1998 (Act 107 of 1998)
NEMWA
National Environmental Management: Waste Act, 2008 (Act 59 of 2008)
OC
Opencast mining method
OCCS
Open Cut Coal Solution (mine scheduling software)
OVB
Overburden
QAQC
Quality assurance and quality control
RB 2, 3, 4
Refer to product qualities at Richards Bay Coal Terminal
RODA
Risk and opportunity domain analysis
RoM
Run of mine
RPEEE
Reasonable Prospects for Eventual Economic Extraction
S
Sulphur
SACNASP
South African Council for Natural Scientific Professions
SAMREC
South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves, 2016 edition
SANS
South African National Standard
TC
Top coal
TFR
Transnet Freight Rail
UG
Underground mining method
UGCS
Underground Coal Solution (mine scheduling software)
VM
Volatile matter
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ABOUT EXXARO
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Introduction
About our integrated report
UNDERSTANDING OUR BUSINESS
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Chairperson's statement
Positioning Exxaro for sustainable growth and impact
About Exxaro
Our operating context
DRIVERS OF VALUE CREATION
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Our value creation
Our business model
Creating value through stakeholder engagement
Our material matters
Our business risks and opportunities
POSITIONING THE BUSINESS FOR GROWTH
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Outgoing and incoming CEOs' reports
Our strategy: Positioning Exxaro for enduring success
Sustainable Growth and Impact strategy
2021 strategic performance KPIs/performance dashboard
Understanding our key strategic trade-off considerations
GOVERNANCE FOR VALUE CREATION
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Our leadership
Summarised governance report
Combined assurance for effective governance

OUR PERFORMANCE
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Finance director's overview
Operational performance
Business resilience
Our people
Social licence to operate: enabling our legitimacy
Our environment: stewardship and compliance
OUR MINERAL RESOURCES AND MINERAL RESERVES
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Our mineral resources and mineral reserves
ADDITIONAL INFORMATION
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Glossary
Administration