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Ben Magara

Ben Magara is CEO of Exxaro Resources, the Johannesburg Stock Exchange-listed, Johannesburg-headquartered diversified resources group with a portfolio spanning coal, renewable energy and future-facing metals. He leads Exxaro's strategy of positioning the company as a diversified natural resources champion in South Africa, Africa and beyond, anchored by a long-life, cash-generative coal business while growing its renewable-energy subsidiary Cennergi and a manganese-led future-facing metals pillar. Under his leadership Exxaro has targeted energy and future-facing metals contributing more than half of group earnings by 2030, alongside commitments to a 40% reduction in emissions by 2030, 75% by 2040, and carbon neutrality by 2050. He has overseen milestones including the commissioning of the Lephalale solar project supplying Exxaro's Grootegeluk coal mine, the Karreebosch wind farm under construction, the group's entry into manganese, and the disposal of noncore assets such as Moranbah South and FerroAlloys to simplify the portfolio. Magara frequently speaks publicly on Exxaro's modernisation drive, including adoption of AI, ore-sorting technology, trolley-assist trucks and autonomous vehicle considerations, as well as on safety performance and social and labour plan investments in mining communities. He presents Exxaro's half-year and full-year results and hosts the company's Capital Markets Day, where he has outlined the group's decarbonisation road map and growth strategy.

Ben Magara News


An image of Exxaro CEO Ben Magara
Exxaro to sell Moranbah South project to Stanmore
4th September 2026 By: Tasneem Bulbulia

Mining and renewable-energy company Exxaro Resources has agreed to dispose of its 100% interest in the Moranbah South project, in Australia, to Stanmore Resources for $105-million, once Exxaro... 


Resources Watch
Resources Watch
26th August 2026

This week: It's been a very good year for DRDGOLD and, Exxaro wants energy, future metals to be more than half of group earnings by 2030 


Exxaro media roundtable.
Exxaro driving modernisation, reviewing what mine of future could look like
26th August 2026 By: Martin Creamer

South Africa’s Exxaro Resources is reviewing what the mine of the future could look like amid a modernisation drive, Exxaro CEO Ben Magara pointed out in response to Mining Weekly during a media... 


Solar panels at a mine in South Africa
South African miners accelerate shift to renewable power to cut Eskom reliance
26th August 2026 By: Reuters

South Africa's mining firms are accelerating investment in renewable energy as they seek to diversify power sources, cut costs and meet decarbonisation targets, marking a shift after decades of... 


Exxaro CEO Ben Magara.
Exxaro wants energy, future metals to be more than half of group earnings by 2030
20th August 2026 By: Martin Creamer

Exxaro wants its growing energy and future-facing metals businesses to account for more than half of group earnings by 2030. “This is the business we are building for tomorrow,” Exxaro CEO Ben... 


Exxaro CEO Ben Magara.
Exxaro lifts revenue, continues to scale renewable-energy business
20th August 2026 By: Martin Creamer

Despite heightened geopolitical tensions, increasing inflationary pressures and broader macroeconomic headwinds, South African resources group Exxaro delivered a strong first-half performance,... 


Sheared wool being processed
Exxaro’s social and labour plan results in new facility for Eastern Cape sheep farmers
18th August 2026 By: Rebecca Campbell

As part of the social and labour plan (SLP) of its Matla mine, major South African mining group Exxaro has opened a R36-million sheep shearing and nutrient film technique hydroponics facility in... 


Cennergi CEO Danie Du Plessis, Exxaro CEO Ben Magara and Exxaro executive head of energy Leon Groenewald
Exxaro celebrates commercial operation of Lephalale solar project
15th July 2026 By: Sabrina Jardim

Diversified resources group Exxaro Resources has, through its wholly-owned renewable-energy business Cennergi, celebrated the commercial operations date milestone of the Lephalale solar project... 


Exxaro CEO Ben Magara.
Exxaro displays major wind, solar achievement without shrinking coal
10th July 2026 By: Martin Creamer

Impressive renewable-energy advances were graphically displayed by coal major Exxaro during its Capital Day on Monday, June 22. The first was a wind turbine involving 600 m3 of concrete in a 25 m... 


Exxaro CEO Ben Magara.
Exxaro displays major wind, solar achievement without shrinking coal
22nd June 2026 By: Martin Creamer

Impressive renewable-energy advances were graphically displayed by coal major Exxaro during its Capital Day on Monday, June 22. The first was a wind turbine involving 600 m3 of concrete in a 25 m... 


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... 


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... 


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,... 


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... 


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... 


Exxaro CEO Ben Magara.
Empowered Exxaro takes yet another renewables leap with major wind, solar deal
27th November 2025 By: Martin Creamer

The commitment of one of the largest black-empowered businesses listed on the Johannesburg Stock Exchange (JSE) to transition towards a low-carbon future while continuing to meet current energy... 


Exxaro CEO Ben Magara
Exxaro completes sale of its FerroAlloys business to BBBEE consortium
3rd November 2025 By: Darren Parker

Coal miner Exxaro Resources has announced the successful completion of the sale of its entire shareholding in Exxaro FerroAlloys to a consortium made up of FerroAlloys employees, FerroAlloys... 


Resources Watch
Resources Watch
15th October 2025

This week: Magara reflects on return as Exxaro CEO, discusses diversification strategy and, Anglo committed to investing R600m in junior exploration fund 


Exxaro Resources CEO Ben Magara
Magara reflects on return as Exxaro CEO, discusses diversification strategy
9th October 2025 By: Sabrina Jardim

Reflecting on his return as CEO of Exxaro Resources, Ben Magara discussed the group’s diversification strategy at this year’s Joburg Indaba, highlighting the “next dawn” at the company. In a... 


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pqt: 0.071s - ct: 0.206s - 275pq - 2rq
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