Exxaro

Exxaro Resources (formerly part of Kumba Resources) is a large coal and heavy minerals mining company in South Africa. The company operates facilities and offices in Africa, Asia, Europe and Australia. The company is listed on the Johannesburg Stock Exchange and at 31 December 2016, had assets of R59.931 billion and a market capitalisation of R32.05 billion.[1]

Exxaro Resources
TypePublic
JSE: EXX
IndustryMining
FounderUnbundling of Kumba Resources, merged with Eyesizwe Coal and Namakwa Sands
Headquarters
Centurion
,
South Africa
Key people
Jeffrey van Rooyen (Chairman)
Mxolisi Mgojo (CEO)
PA Koppeschaar (CFO)
ProductsCoal products (Char, Coke, etc.), Titanium slag, Pig iron, Zircon, Rutile, Titanium pigment, Synthetic rutile, Ilmenite, Zinc, Lead Concentrate, Cadmium, Iron ore, Energy
Revenue R 20.897 billion[1] (2016)
R 6.332 billion[1] (2016)
R 5.691 billion[1] (2016)
Total assets R 59.931 billion[1] (2016)
Total equity R 35.087 billion[1] (2016)
Number of employees
6648 (2016)
Websitewww.exxaro.com

Background

The company was formerly known as Kumba Resources Limited and changed its name to Exxaro Resources Limited in November 2006. The company is based in Pretoria West, South Africa. Exxaro Resources Limited is a subsidiary of Main Street 333 Proprietary Limited.[2]

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.[3]

References
  1. "2016 Summarised Group Annual Financial Statements For The Year Ended 31 December 2016" (PDF). Exxaro Resources. 31 December 2016. Retrieved 23 January 2018.
  2. Exxaro Resources Ltd, United Kingdom: Businessweek, 2012, retrieved 24 October 2012
  3. 'Mine of future' launch set for November, South Africa: Mining Weekly, 2012, retrieved 24 October 2012
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