Exxaro

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Exxaro Resources
Type Public
Traded as JSE: EXX
Industry Mining
Founded Unbundling of Kumba Resources, merged with Eyesizwe Coal and Namakwa Sands
Headquarters Pretoria, South Africa
Key people Sipho Nkosi (CEO), Wim De Klerk (CFO)
Products Coal products (Char, Coke, etc.), Titanium slag, Pig iron, Zircon, Rutile, Titanium pigment, Synthetic rutile, Ilmenite, Zinc, Lead Concentrate, Cadmium, Iron ore
Revenue R 13.8 billion (2008)
Net income R 2.5 billion (2008)
Website www.exxaro.com

Exxaro Resources (formerly part of Kumba Resources) is a large coal and heavy minerals mining company in South Africa. The company operates facilities and offices in Africa, Asia, Europe and Australia. The company is listed on the Johannesburg Stock Exchange and at 31 December 2011, had assets of R37 billion and a market capitalisation of R60 billion.[1]

The company was formerly known as Kumba Resources Limited and changed its name to Exxaro Resources Limited in November 2006. The company is based in Pretoria West, South Africa. Exxaro Resources Limited is a subsidiary of Main Street 333 Proprietary Limited.[2]

Mine of the Future[edit]

Exxaro Resources announced in October 2012 plans for a state-of-the-art “mine of the future” concept. The mine targets zero waste emissions, zero effluent, wash-to-zero and sustainable engineering.[3]

References[edit]

  1. ^ Company Profile, South Africa: Exxaro, 2012, retrieved 24 October 2012 
  2. ^ Exxaro Resources Ltd, United Kingdom: Businessweek, 2012, retrieved 24 October 2012 
  3. ^ 'Mine of future' launch set for November, South Africa: Mining Weekly, 2012, retrieved 24 October 2012 

External links[edit]