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]
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.