Exxaro Corporate Centre

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Address
Exxaro Corporate Centre
Pretoria
9229
South Africa
Ads
Phone
+27 12 307 5000
Fax
+27 12 323 3400
Website
http://www.exxaro.com


Exxaro Corporate Centre

Exxaro is a South African-based mining group, listed on the JSE Limited. Exxaro has a diverse and world-class commodity portfolio in coal, mineral sands, base metals and industrial minerals, with exposure to iron ore through a 20% interest in listed Kumba Iron Ore . As the fourth-largest South African coal producer with capacity of 45 million tonnes per annum and the third-largest global producer of mineral sands, Exxaro is a significant participant in the coal and mineral sands markets and provides a unique listed investment opportunity into these commodities.

As South Africa’s largest black-controlled, diversified mining company, Exxaro is well positioned to grow domestically, and its existing operational interests in Namibia, Australia and China and strong project pipeline provide a base for growth in international markets.

The primary rationale behind the unbundling was to create a new generation South African company and to broaden the spread of shareholders in both companies to people from previously disadvantaged backgrounds, employees and communities in proximity to the company's operations.

Kumba Resources itself was unbundled from its parent, Iscor Limited (which became Mittal Steel South Africa in 2005 and now known as ArcelorMittal) in 2001, and listed on the JSE Limited in November of the same year. Iscor, initially a government-owned corporation, has been the major integrated South African steel producer for more than 70 years and its mining division, Iscor Mining, had provided a secure supply of iron ore and other raw materials for its steel mills. At the time of the Iscor unbundling, the mines it had developed for coal, zinc, mineral sands and certain industrial minerals used in steel production, together with its two iron ore mines and mineral sands interests, became part of Kumba.

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