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Exxaro is one of the largest and foremost black-empowered, South Africa-based diversified resources companies, with current business interests in South Africa, Europe and the United States of America.



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2017 PERFORMANCE
AT A GLANCE


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EXXARO 2026 GROUP STRATEGY: POWERING
BETTER LIVES IN AFRICA AND BEYOND

Our 2026 strategy is a 10-year view (from 2016), focused on continued value creation and our positive impact on society. As part of this process, we have adopted a three-year strategy review cycle; with a deep dive into strategic direction in year one and a high-level review in years two and three. In 2016, our executive committee went through a detailed process to identify the direction we want to grow into and, over the past two years, we have fundamentally reshaped our strategy to address the changing world in which we operate.

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CEO's
REVIEW

Exxaro has recorded excellent results for the year to 31 December 2017, reflecting our strict focus on delivering a solid performance from the coal business while enhancing organisational excellence and improving our prospects for the future.

MDM Mgojo

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Chairman's
review

The review period was one that demanded the full attention and contribution of the Exxaro board to ensure that, as a board, we fulfilled our obligation to create value for stakeholders.

Dr L Konar

 

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Finance Director's
review

A significant uptick in commodity prices was recorded in 2017. The API4 coal price averaged US$84 per tonne, compared with US$64 in 2016.

PA Koppeschaar


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OUR COAL ASSET BASE
View our coal asset base