Exxaro

Exxaro Resources

Company type	Public
Traded as	JSE: EXX
Industry	Mining
Founder	Unbundling of Kumba Resources, merged with Eyesizwe Coal and Namakwa Sands
Headquarters	Centurion, Gauteng (City of Tshwane Metropolitan Municipality) , South Africa
Key people	Geoffrey Qhena (Chairman) Dr Nombasa Tsengwa (CEO) PA Koppeschaar (CFO)
Products	Coal products and Energy
Revenue	R 32 771 billion[1] (2021)
Operating income	R 7 460 billion[2] (2021)
Net income	R 16 373  billion[3] (2021)
Total assets	R 75 717 1 billion[4] (2021)
Total equity	R 50 098 billion[5] (2021)
Number of employees	6648 (2016)
Website	www.exxaro.com

Exxaro Resources Limited (Exxaro, the company or the group) is a South Africa-based diversified resources company with a coal business and acquisitive growth prospects^[clarification needed] in minerals and energy.[6]

Exxaro is among the top five coal producers in South Africa.[7]

The company is listed on the Johannesburg Stock Exchange and at 31 December 2021, had assets of R75.7 billion [8] and a market capitalisation of R53.4 billion. Exxaro Resources Ltd has been approved for a secondary listing on A2X Markets on Thursday, 2 April 2020.[9]

Background

The company was formerly known as Kumba Resources Limited and changed its name to Exxaro Resources Limited in November 2006. Exxaro Resources Limited is a subsidiary of Main Street 333 Proprietary Limited.[10]

Exxaro Resources announced in October 2012 plans for a "mine of the future" concept. The mine targets zero waste emissions, zero effluent, wash-to-zero and sustainable engineering.[11]

References

1. "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
2. "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
3. "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
4. "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
5. "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
6. "Exxaro Resources Integrated Report 2021". Exxaro Resources Integrated Report 2021.
7. "Exxaro Resources Limited – Integrated report 2021 | About Exxaro". investor.exxaro.com. Retrieved 13 December 2022.
8. "Exxaro Resources Limited – Integrated report 2021 | About Exxaro". investor.exxaro.com. Retrieved 14 December 2022.
9. Publications, Crown (25 March 2020). "Exxaro to list on A2X". www.crown.co.za. Retrieved 15 December 2022.
10. "Exxaro Resources Ltd", Bloomberg BusinessWeek, United Kingdom, 2012, archived from the original on 18 January 2013, retrieved 24 October 2012
11. 'Mine of future' launch set for November, South Africa: Mining Weekly, 2012, retrieved 24 October 2012