Our business model, as reflected below, is a high-level summary of what we need, do and create as a business.
The resources and relationships we rely on
We know that it’s not just about WHAT you do, but also HOW you do it. That’s why we continuously strive to differentiate ourselves in the industry by how we do business. We pride ourselves on being more than just a mining business. Creating and sustaining value for our stakeholders, while ensuring we are a force for good, supporting the economic and social growth of the country.
The capital constraints we face
It is enabled through our strategy and designed to deliver on our purpose: to power better lives for Africa and beyond.
What we produce
The broader outcomes of activities on the capitals: What we produce
+Carbon intensity down 9% (2019: down 5%)*
Water intensity increased by 38% from 2019 (2019:
reduced by 10%)*
−Environmental incidents: zero level 3s (2019: zero level 3)
+Valid mining rights: 100% (2019: 100%)
−Stoppage directives: three (2019: seven)
=Employee and contractor fatalities: none (2019: none)
−LTIFR: 0.05 (2019: 0.12)
−OHIFR: 0.19 (2019: 0.24)
+Scarce skills retention on target
=Marginal cost overruns on mega-projects
=Implementation timelines for mega-projects on target
+Core system availability: 98.86% (2019: 99.8%)
+Cyberintrusions: none (2019: none)
+Core EBITDA margin: 25% (2019: 23%)
+ROCE: 25% (2019: 28%
+Core HEPS: 2 973 cents per share (2019: 2 354 cents per share)
+Market capitalisation: R50 billion (2019: R47 billion) (2019: 13%)
* Although we have achieved greater levels of efficiency in our use of natural capital, these outcomes have been marked as negative as they reflect a reduction in the balance of natural capital available.
We strive to mine responsibly, minimise our environmental impacts and be an active participant in the just energy transition to a low-carbon economy.
Optimising our manufactured assets remains a key strategic priority.
We are committed to achieving zero harm and continue working with our employees and contractors to eradicate any safety incident.
Ensuring our competitive advantage through innovation and digitalisation remains key to Exxaro’s strategy going forward.
We continue focusing on initiatives designed to lower costs, increase quality and manage our risk profile to deliver financial value.
