Exxaro Resources Limited (JSE:EXX)
Exxaro Resources Limited (JSE:EXX) has established itself as one of South Africa’s largest black-empowered resource companies. Exxaro is among the top five coal producers in South Africa, and a constituent of the JSE’s Top 40 index.
Exxaro operates in both the Mpumalanga and Limpopo regions, where the country’s highest coal resource concentrations can be found. 80% of the coal is sold to domestic markets, with the balance sold internationally. Equipped with a diversified portfolio of assets and a solid resource base, the company also has the only producing mine in the coal-rich Waterberg region through its flagship operation – Grootegeluk.
Exxaro strives for excellence in everything it does. Exxaro is more than just a mining business: the company strongly believes in making a positive impact in the world. Exxaro's purpose is to power better lives in Africa and beyond, by responsibly investing in commodities that will sustain life on the continent. Exxaro's primary commodity (coal) fuels the energy and electricity consumed by South Africans.