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Exxaro Resources

Exxaro Resources is a South African diversified resources company with operations primarily in coal mining, energy and minerals. The company is headquartered in Pretoria and operates across South Africa, with significant coal mining operations in Mpumalanga province. Exxaro is listed on the Johannesburg Stock Exchange and is a constituent of the JSE Top 40 index. The company's core business includes thermal coal production for domestic power generation, supplying Eskom's coal-fired power stations, as well as metallurgical coal for export markets. Exxaro also has interests in iron ore, mineral sands, energy projects and renewable energy development. The company is one of South Africa's largest black-empowered mining groups and plays a strategic role in the country's energy security through its coal supply agreements. Major operations include the Matla coal mine complex in Mpumalanga, which supplies the adjacent Matla power station. Exxaro has been diversifying its portfolio beyond coal, investing in renewable energy projects and exploring battery minerals as part of its energy transition strategy. The company was established in 2006 following the unbundling of Kumba Resources, which separated its iron ore and coal assets.

Exxaro Resources News


Exxaro opens new Mine 1 at Matla
Exxaro opens new Mine 1 at Matla
3rd June 2026

Diversified natural resources company Exxaro Resources has officially opened the new Mine 1 operation at its Matla coal mine, in Mpumalanga, following a strategic expansion to support continuous... 


Eskom generation head Bheki Nxumalo
South Africa set to run coal stations longer as gas projects lag
28th May 2026 By: Bloomberg

South Africa is poised to delay the retirement of about a fifth of its coal-fired electricity-generation capacity as gas projects earmarked to replace them remain behind schedule, contrasting a... 


Image of Matla mine
Matla Life-of-Mine Project – New Mine 1 project, South Africa – update
22nd May 2026 By: Sheila Barradas

Exxaro Resources officially opened the New Mine 1 operation at Matla colliery on May 15, 2026.  


Minerals and Petroleum Resources Minister Gwede Mantashe and Exxaro CEO Ben Magara at the opening of new Matla Mine 1 operation
Exxaro opens new Mine 1 at Matla
15th May 2026 By: Sabrina Jardim

Diversified natural resources company Exxaro Resources has officially opened the new Mine 1 operation at its Matla coal mine, in Mpumalanga, following a strategic expansion to support continuous... 


Eskom Group CE Dan Marokane and Exxaro CEO Ben Magara
Future of Matla mine, power station secured as Exxaro, Eskom ink CSA to 2043
2nd April 2026 By: Sabrina Jardim

Diversified natural resources company Exxaro Resources and State-owned Eskom have signed a new long-term coal supply agreement (CSA), securing the continued supply of coal from Exxaro’s Matla mine... 


Jupiter MD Brad Rogers
Jupiter declares interim dividend
16th March 2026 By: Sabrina Jardim

ASX-listed Jupiter Mines has announced an interim dividend of A$0.0055 a share for the period ended December 31, 2025. The dividend record date is March 23, with payment to occur on April 2. 


An image of the Tshipi mine
Exxaro completes R10.6bn manganese asset acquisition
2nd March 2026 By: Tasneem Bulbulia

Diversified natural resources company Exxaro Resources now holds an effective interest in select manganese assets of Ntsimbintle Holdings and OMH. This entails 100% ownership of Ntsimbintle Mining,... 


CRITICAL DIVERSIFICATION: Exxaro Resources, which is best known for coal mining, has joined the International Manganese Institute, signalling its diversification into the critical mineral. The move followed Exxaro’s recent signing of binding agreements to acquire shares and claims in manganese assets held by Ntsimbintle Holdings and OM Holdings for R11.67-billion. The transaction will give Exxaro exposure to four operating mines, including 60.1% effective ownership in the Tshipi Borwa openpit manganese mine (pictured), in the Northern Cape.
CRITICAL DIVERSIFICATION
27th February 2026

Exxaro Resources, which is best known for coal mining, has joined the International Manganese Institute, signalling its diversification into the critical mineral. The move followed Exxaro’s recent... 


An image of the Tshipi Borwa mine
Exxaro joins manganese institute as it advances transaction
13th February 2026 By: Tasneem Bulbulia

South Africa-based diversified natural resources company Exxaro Resources has joined the International Manganese Institute (IMnI), an organisation for producers and other stakeholders in the... 


Exxaro CEO Ben Magara.
Exxaro’s manganese entry points advance
13th February 2026 By: Martin Creamer

The binding agreements of JSE-listed Exxaro Resources to acquire manganese assets advanced further on Thursday with the fulfilment of first transaction conditions. Exxaro has entered into binding... 


Automation and AI needed for future of mining
10th February 2026 By: Rebecca Campbell

Worldwide, the mining industry, indeed all sectors of the economy, face a major structural limit, warned Microsoft worldwide mining industry leader Joseph Starwood. A large number of people are... 


Minerals Council South Africa skills head Mustak Ally
Technology transformation is really people transformation – Mining Indaba panelists
10th February 2026 By: Rebecca Campbell

Mining currently faces the challenge of adopting the latest technologies, notably, but not exclusively, AI. This was the topic for a panel discussion on the first day of Investing in African Mining... 


Partnership to drive growth, sustainability in Northern Cape
6th February 2026

Zinc producer Black Mountain Mining has announced a strategic partnership with mining contractor Group T Mining’s subsidiary TNC Mining Swartberg, which is expected to be an important step towards... 


An image of the Tshipi mine
Jupiter highlights strong quarterly performance at Tshipi
30th January 2026 By: Tasneem Bulbulia

The Tshipi manganese mine, in the Kalahari manganese field in South Africa’s Northern Cape province, delivered a strong quarterly performance, increasing both sales and production volumes in line... 


Exxaro CEO Ben Magara.
Exxaro’s manganese entry points advance
29th January 2026 By: Martin Creamer

The binding agreements of JSE-listed Exxaro Resources to acquire manganese assets advanced further on Thursday with the fulfilment of first transaction conditions. Exxaro has entered into binding... 


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