Exxaro strengthens diversification through R11.67bn acquisition of manganese assets

JSE-listed Exxaro Resources has entered into binding agreements to acquire shares and claims in manganese assets held by Ntsimbintle Holdings and OM Holdings in a "transformational" R11.67-billion transaction. The company says this investment marks a significant milestone in its strategic journey to transition into a diversified minerals and energy-solutions business.

May 13, 2025 - 09:16
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Exxaro strengthens diversification through R11.67bn acquisition of manganese assets
JSE-listed Exxaro Resources has entered into binding agreements to acquire shares and claims in manganese assets held by Ntsimbintle Holdings and OM Holdings in a "transformational" R11.67-billion transaction. The company says this investment marks a significant milestone in its strategic journey to transition into a diversified minerals and energy-solutions business.