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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 media roundtable.
Exxaro driving modernisation, reviewing what mine of future could look like
Updated 5 hours ago 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
Updated 5 hours ago 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... 


Photo of Martin Creamer
On-The-Air (21/08/2026)
21st August 2026 By: Martin Creamer

Martin Creamer talks about a R100-billion green hydrogen-ammonia project; renewable energy and manganese mining and gold from old mine dumps. 


Exxaro Resources CEO Ben Magara
Exxaro advises of lower headline earnings for first-half period
14th August 2026 By: Lumkile Nkomfe

JSE-listed Exxaro Resources expects its headline earnings per share (HEPS) for the six-month period ended June 30 to decrease by between 18% and 23% compared with the HEPS for the first six months... 


Exxaro partners with business schools to develop future mining, energy leaders
12th August 2026 By: Schalk Burger

JSE-listed natural resources company Exxaro Resources has established a strategic leadership development partnership with three business schools to strengthen leadership capability across its... 


The entry into commercial operation of the R1.7-billion Lephalale Solar Project was celebrated recently by Exxaro Resources and its wholly owned renewable energy business Cennergi. Located near Exxaro's Grootegeluk Mine in Lephalale, the 68 MWac behind-the-meter solar PV facility comprises 129 024 solar modules installed across 185 ha. The facility is designed to generate some 176 MWh of renewable electricity yearly and is Exxaro's first utility-scale, self-generation renewables asset to enter into commercial operations.
BEHIND THE METER:
31st July 2026

The entry into commercial operation of the R1.7-billion Lephalale Solar Project was celebrated recently by Exxaro Resources and its wholly owned renewable energy business Cennergi. Located near... 


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's Leeuwpan mine
Exxaro appoints two new nonexec directors
1st July 2026 By: Creamer Media Reporter

Diversified resources group Exxaro Resources has appointed two new nonexecutive directors – Shireen Naidoo and Kefilwe Bopape – with effect from July 1. Naidoo has also been appointed a member of... 


Eskom generation head Bheki Nxumalo
South Africa set to run coal stations longer as gas projects lag
12th June 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... 


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... 


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