Performance at a glance

Exxaro continuously strives to enhance the estimation and reporting of our Resources and Reserves. Our estimation and reporting strategy focuses on sustaining our mineral asset base by employing responsible and innovative technical management. We continuously review the value extracted from mineral assets with mine planning, considering knowledge of the mineral asset's geological complexities and its opportunities.

Achievements

	The application and/or update of new geological models and subsequent update of mine plans at five operations.
	Updated Grootegeluk mine's life of mine plan (LoMP), ensuring the integration of backfill and mining activities within a consolidated plan, which enables detailed material destination scheduling.
	Reserve reporting, for the first time, from Open Cut Coal Solution (OCCS) and Underground Coal Solution (UGCS) mine planning software for Grootegeluk and Matla mines, respectively.
	The Matla team's ongoing innovative efforts to unlock additional ground for mining while the delays in the life expansion projects are addressed.
	Progress on the studies conducted at our coking coal Moranbah South project in Australia.

Figure 1: Locations of our coal operations and projects