Exxaro Resources (OTCMKTS:EXXAY) is a South African diversified resources company with headquarters in Pretoria. Established in November 2006 through the consolidation of several mining businesses, Exxaro has grown into one of the country’s largest coal producers and a significant player in mineral sands and iron ore. The company’s portfolio spans thermal coal for power generation, metallurgical coal for steelmaking and high-purity mineral sands products used in pigment manufacturing.
Thermal coal remains at the core of Exxaro’s operations, supplying utilities such as Eskom and regional power generators across southern Africa. Key coal mining assets are located in Mpumalanga and the Waterberg Coalfield, where Exxaro employs both open-pit and underground mining technologies. Beyond coal, the company holds a majority share in Tronox, a global producer of titanium dioxide feedstocks, through which it participates indirectly in pigment markets that serve coatings, plastics and paper industries.
While Exxaro’s operations are concentrated in South Africa, its mineral sands interests reach international markets in North America, Europe and Asia via seaborne exports. The company also maintains a presence in exploration and evaluation projects targeting iron ore in Australia and regional ventures in Mozambique. In recent years, Exxaro has expanded its focus on sustainable energy solutions, investing in solar and wind projects to support South Africa’s transition to cleaner power sources.
Under the leadership of Chief Executive Officer Mxolisi Mgojo and Chief Financial Officer Chantelle de Beer, Exxaro emphasizes safety, environmental stewardship and community development. The company maintains a board-level sustainability committee to oversee its initiatives in land rehabilitation, water management and local economic empowerment. Exxaro’s strategic objectives include optimizing its core coal business, growing its role in titanium dioxide through Tronox and delivering innovative energy solutions that align with global decarbonization trends.
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