Exxaro boosting small business, education, post-mining economies, farming ventures
As at the end of December, the social investments of Exxaro Resources amounted to R2.1-billion amid the bettering of lives and livelihoods being declared core by this black-controlled Johannesburg Stock Exchange-listed coal-mining and renewable energy business, which finished 2024 with 5%-higher group revenue of R40.7-billion and a mine safety record of zero fatalities for 28 month in a row. (Also watch attached Creamer Media video.) Despite challenging external factors, Exxaro’s 2024 coal exports shot up by 37%, operating wind assets lifted revenue beyond R1.4-billion by generating 725 GWh of electricity, net cash moved up to R16.3-billion, and the board declared a final dividend of R8.66 a share for the year ended December 31.
As at the end of December, the social investments of Exxaro Resources amounted to R2.1-billion amid the bettering of lives and livelihoods being declared core by this black-controlled Johannesburg Stock Exchange-listed coal-mining and renewable energy business, which finished 2024 with 5%-higher group revenue of R40.7-billion and a mine safety record of zero fatalities for 28 month in a row. (Also watch attached Creamer Media video.) Despite challenging external factors, Exxaro’s 2024 coal exports shot up by 37%, operating wind assets lifted revenue beyond R1.4-billion by generating 725 GWh of electricity, net cash moved up to R16.3-billion, and the board declared a final dividend of R8.66 a share for the year ended December 31.
