Exxaro Explained

Exxaro Resources
Type:Public
Industry:Mining
Predecessors:-->
Successors:-->
Founder:Unbundling of Kumba Resources, merged with Eyesizwe Coal and Namakwa Sands
Hq Location City:Centurion, Gauteng (City of Tshwane Metropolitan Municipality)
Hq Location Country:South Africa
Areas Served:-->
Key People:Geoffrey Qhena (Chairman)
Dr Nombasa Tsengwa (CEO)
PA Koppeschaar (CFO)
Products:Coal products and Energy
Revenue: R 32 771 billion[1]
Revenue Year:2021
Operating Income: R 7 460 billion[2]
Income Year:2021
Net Income: R 16 373  billion[3]
Net Income Year:2021
Assets: R 75 717 1 billion[4]
Assets Year:2021
Equity: R 50 098 billion[5]
Equity Year:2021
Owners:-->
Num Employees:6648
Num Employees Year:2016

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 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.

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.

Notes and References

  1. Web site: Exxaro Resources Integrated Report 2021 . Exxaro Resources Integrated Report 2021.
  2. Web site: Exxaro Resources Integrated Report 2021 . Exxaro Resources Integrated Report 2021.
  3. Web site: Exxaro Resources Integrated Report 2021 . Exxaro Resources Integrated Report 2021.
  4. Web site: Exxaro Resources Integrated Report 2021 . Exxaro Resources Integrated Report 2021.
  5. Web site: Exxaro Resources Integrated Report 2021 . Exxaro Resources Integrated Report 2021.
  6. Web site: Exxaro Resources Integrated Report 2021 . Exxaro Resources Integrated Report 2021.
  7. Web site: Exxaro Resources Limited – Integrated report 2021 About Exxaro . 2022-12-13 . investor.exxaro.com.
  8. Web site: Exxaro Resources Limited – Integrated report 2021 About Exxaro . 2022-12-14 . investor.exxaro.com.
  9. Web site: Publications . Crown . Exxaro to list on A2X . 2022-12-15 . www.crown.co.za . 25 March 2020 . en-gb.