ABOUT EXXARO | Evolution of a 21st century company | Next: Our material matters

About Exxaro
Evolution of a 21st century company

Exxaro was created and listed on the JSE in November 2006. Since then, we have grown to become South Africa’s foremost black-empowered and diversified commodities company with a global asset portfolio including coal operations and investments in iron ore, pigment manufacturing*, renewable energy (wind) and residual base metals.

As a major coal supplier, we understand the importance of a just transition to a low-carbon world (details in our strategy). Our journey includes incorporating small-scale renewable energy solutions into our existing portfolio to reach this milestone by 2050. Details of our strategic performance are on Strategic performance dashboard.

* Tronox – sold in February 2021.
2006
  • On 27 November 2006, Kumba Resources Limited (Kumba Resources) unbundled its iron ore business and created two separate focused mining groups — Exxaro Resources and Kumba Iron Ore Limited (listed on the JSE in the general mining sector)
  • Exxaro's assets:
    • Coal
    • Mineral sands
    • Base metals and industrial minerals

Listing share price: R57.58

2007
  • Medupi coal supply agreement signed
  • Acquired Namakwa Sands
  • Deal of the Year Award; creation of Exxaro Resources Limited
  • Top employer in South African mining industry (Top Employers Institute)

Closing share price: R103.45

2010
  • Reduced HIV/Aids prevalence to 13% (national rate was 25%)

Closing share price: R136.24

2009
  • Exxaro’s Evergreen Awards instituted to recognise top performers in various categories of the organisation

Closing share price: R104.50

2008
  • Signatory to the UNGC
  • Included in JSE Socially Responsible Investment Index

Closing share price: R71.90

2011
  • Progress with energy and carbon management measurements across the business
  • Top 10 in EY Excellence in Integrated Reporting Awards

Closing share price: R168.00

2012
  • Zeeland water-treatment plant near Lephalale in Limpopo received Blue Drop certification
  • Carbon Disclosure Project Leadership Index top score of 100 points
  • Among top 10 companies worldwide delivering highest returns to shareholders over 10 years (Boston Consulting Group)
  • Cennergi (joint venture with Tata Power) formed to realise renewable energy ambitions

Closing share price: R169.00

2013
  • Frost and Sullivan Visionary Innovation Leadership Award
  • Deloitte Best Company to Work For (second place in mining category)
  • Carbon Disclosure Leadership Index score of 97 points
  • Best risk information system implementation award (Institute of Risk Management South Africa)
  • Top 10 in EY Excellence in Integrated Reporting Awards

Closing share price: R146.46

2014
  • Top employer in South African mining industry (Top Employers Institute)
  • Deloitte Best Company to Work For (resources sector)
  • Top 10 global leaders in Carbon Disclosure Leadership Index
  • Top 10 in EY Excellence in Integrated Reporting Awards

Closing share price: R103.50

2015
  • Global bronze medal in RobecoSAM 2015 sustainability reference guide (for ESG performance)
  • Best Corporate Governance Award for Africa region (Ethical Boardroom magazine)
  • Merit award in EY Excellence in Integrated Reporting Awards
  • Acquired Total Coal South Africa

Closing share price: R44.04

2016
  • New CEO appointed: Mxolisi Mgojo replaced Sipho Nkosi
  • Merit award in EY Excellence in Integrated Reporting Awards
  • Exxaro’s 10-year BEE ownership structure unwinds
  • Cennergi wind farms commissioned
  • Thabametsi project approved
  • North Block complex receives the prestigious JT Ryan Award for operating with no fatality since 1925

Closing share price: R89.50

2017
  • Replacement BEE transaction implemented
  • Merit award in EY Excellence in Integrated Reporting Awards
  • Business of Tomorrow team formed

Closing share price: R162.50

2018
  • Mid-cap winner in CSSA Integrated Reporting Awards
  • Belfast project breaks ground

Closing share price: R137.87

2020

Cennergi became wholly owned subsidiary of
Exxaro on 1 April 2020

Achieved three fatality-free years in March 2020

LTIFR = 0.05

Collaborated with communities, public and private sectors to mitigate COVID-19 (donated R20 million to Solidarity Fund)

South Africa winner for 2021 and accredited as a Top Employer in South African (Top Employers Institute)

Ranked 13th in the Sunday Times Top 100 Companies in South Africa in the 2020 listing

Ranked third in the TRAC SA 2020

Published climate change position statement

Ranked among 100 best emerging market ESG performers by Vigeo Eiris

Matla achieved 730 LTI-free days

Secondary listing on A2X Markets

The conneXXion awarded silver WELL Core and Shell certification by International WELL Building Institute (first in South Africa)

Record exports of 12Mt

Closing share price: R138.90

2019
  • Coal Safe Awards for Matla 1 and Leeuwpan mines for 40 fatality-free years
  • Moved to the conneXXion
  • Partnership with Accenture awarded silver in Loerie Awards for MyNexxt learning and development platform
  • Finalist in 2019 South African Graduate Employers Association Awards (mining sector)
  • Newcomer Award in Absa Business Day Supplier Development Awards 2019
  • Localisation and enterprise and supplier development(ESD) recognition award at 2019 South Africa Investment Conference
  • Top 40 winner in Chartered Secretaries Southern Africa Integrated Reporting Awards
  • Coal Safe Best Safety Performance for a company with over 10 000 employees

Closing share price: R131.14