Exxaro Resources Limited
Integrated report for the year ended 31 December 2024 
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Exxaro is a JSE-listed company operating mainly in South Africa. Coal is our core commodity and we have an established energy solutions business.Our additional growth prospects include energy transition minerals and energy solutions.

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Acting CEO and FD's report*

On Exxaro navigated a challenging operating context with resilience, delivering solid performance across multiple dimensions. Despite external pressures and persistent logistical constraints, our operational agility ensured commendable results.
Riaan Koppeschaar – Acting CEO and FD
riaan koppeschaar

About Exxaro

Purpose

In line with Exxaro's purpose of powering better lives in Africa and beyond, our ambition is to provide resources (people, minerals, energy and capital) critical to ensuring the energy transition and a low-carbon future.

Vision

We understand that we cannot grow sustainably without creating a positive impact on the environment and communities we serve. We are committed to responsibly maximising the value of our coal assets by reducing stranded assets, and playing an active role in creating a future that realises our vision: resources powering a clean world creating a future that realises our vision: resources powering a clean world.

Values

Our success lies in the strength of our culture and values, which strengthen our resilience and ensure we deliver stakeholder value. Our values are:

  • Empowered to grow and contribute
  • Teamwork
  • Committed to excellence
  • Honest responsibility

Who we are

We are driving sustainable growth to create future impact while positioning our business to navigate complex challenges with resilience. Environmental sustainability and social equity are key considerations on our journey. We are committed to ensuring our progress contributes meaningfully to the lives we touch as we strive to support a low-carbon economy.

View our Chairman's statement
Exxaro Resources Limited

The forces shaping our business

Exxaro Resources Limited

As we navigate the impacts of external factors on our business, we are focused on ensuring our resilience. Committed to powering better lives in Africa and beyond, we are exploring growth opportunities in energy transition minerals while optimising our coal portfolio to support energy security. Our goal is to create sustainable value for stakeholders and contribute to an energy landscape that is impactful and inclusive.

View Our operating context

Strategically positioning the business for growth

We recognise the delicate balance between a rapid transition to a low-carbon world and a fair, equitable shift that benefits all stakeholders. Through our Sustainable Growth and Impact strategy, we are positioning Exxaro for sustainable growth and a meaningful impact for all our stakeholders while ensuring our long-term resilience.

View Our Sustainable Growth and Impact strategy
Exxaro Resources Limited