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Eskom coal supplier Exxaro declares interim dividend as

Exxaro Resources has declared an interim dividend of R15.93 per share as earnings grew 75% for the six months to end June. The company, a major supplier of coal to Eskom with interests in energy and iron ore, reported a rise in earnings mainly due to the strong performance of its coal business driven, by higher sales prices offset by slightly …

Coal mining goes green: Eskom suppliers Exxaro, Seriti …

Eskom has signed a memorandum of understanding with its major coal suppliers Exxaro and Seriti, which will see them develop renewable energy projects at their operations Eskom is trying to transition away from coal to renewables, and the companies collectively contribute over 80% of the utility's coal supply a year.

Exxaro Salaries in South Africa

Salaries by job title at Exxaro. 99 Salaries (for 84 job titles) • Updated Sep 4, 2024. How much do Exxaro employees make? Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips.

Annual Financial Results 2022: Presentation

EXXARO RELEASED THE INTERIM FINANCIAL RESULTS FOR THE 6MONTHS PERIOD ENDING 30 JUNE 2023. Read More . Contact Search; Popular searches. Results and Reporting. Climate Change. ... We are a supplier of coal to Eskom. Our coal portfolio is a valuable natural resource, extracted optimally and responsibly to …

How Much Does Exxaro Pay in 2024? (49 Salaries)

Salaries by job title at Exxaro. 49 Salaries (for 43 job titles) • Updated May 18, 2024. How much do Exxaro employees make? Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips.

Eskom gives up hope on Exxaro coal contract

Eskom appears to have given up hope of renegotiating a long-term contract with Exxaro that cost it R9.7bn in penalties because the Medupi power station could not burn coal on schedule.

Grootegeluk GG6 Project: Exxaro Operations

The R5.3 billion expansion of GG6 will ensure increased throughput and enhanced processing efficiencies to ramp up export coal production. With production at the site expected to commence in 2022, the new GG6 …

Exxaro's Vision for a Better Future | Exxaro

We have a responsibility to use the coal assets to build a sustainable business for our investors, employees, and communities and to ensure a sustainable future for the planet. As an operator of a carbon-intensive coal asset, Exxaro has several options available to it considering a carbon-constrained future: Divest, Close or Manage.

Our Operations: Our Resources

Exxaro's ten sites afford us the ability to mine coal, for domestic and export markets, iron ore, ferrous and zinc, as well as produce wind energy. Read more. ... Coal Our core operation is thermal, semi-soft coking and metallurgical coal mining, supplying Eskom, other domestic markets and offshore markets. Our coal mining business (including ...

Exxaro Resources Limited | Consolidated Mineral Resources …

Thermal coal is sold to Eskom in terms of long-term coal supply agreements to supply feed coal to the Matimba and Medupi power stations via conveyor belts. Various sized metallurgical coal products at 15% ash and 11.25% ash, semi-soft coking coal at 10.3% ash, as well as steam coal at 12.5% ash are railed to various customers and shipped to ...

About Exxaro

Business structure and ownership

Six managed coal operations (including 50% share of Mafube) produced 45.6Mt of thermal and metallurgical coal (down 5% in 2019) – majority of power station coal is supplied to Eskom To date 57.2% of the R20 billion capex has been spent on greenfield and brownfield expansion and sustaining projects ( business resilience )

General Worker Salaries in South Africa for Exxaro Coal …

How much does a General Worker make at Exxaro Coal Mine in South Africa? Average Exxaro Coal Mine General Worker monthly pay in South Africa is approximately R 9 000, which is 13% above the national average. Salary information comes from 2 data points collected directly from employees, users, and past and present job …

Exxaro Media & Insights: Press Releases | Exxaro

Coal production volumes declined by 12.7% from 22.1 million tonnes for the second half of 2023 to 19.3 million tonnes in the first half of 2024, mainly attributed to continuing low demand from Eskom and logistical challenges. Total coal sales volumes for the period decreased by 11.7%, negatively impacted by a lower offtake from Eskom at …

MATLA COAL MINE

Two power stations, Kriel and Matla, are some 10km from the mine and it is contracted to supply bituminous coal to Eskom's Matla power station. Matla is on the P53-1 and R547 secondary roads branching off the R580 and R545. ... The Eskom contract renewal is in 2023 but Exxaro has reasonable expectations that the contract will be renewed. The ...

Exxaro & Seriti Resources: Just Energy Transition

Exxaro envisages achieving a reduction in CO2 emissions of up to 130,000 tonnes per annum at its Matla coal mine, which represents a saving of 70% of the greenhouse gasses with Matla at full production.

Eskom paid Exxaro R9.7 billion in penalties on Medupi coal

The payments on Eskom's take-or-pay contract at the Medupi plant for the dirtiest fossil fuel reached R9.7 billion in November, the company told parliament's Standing Committee on Public Accounts on Tuesday.

Exxaro: What is coal worth now in a de-carbonising future?

Exxaro's coal business trades on a very low valuation multiple due to the numerous headwinds facing coal from an environmental aspect. As mentioned, the majority of its …

Major Eskom coal supplier Exxaro declares dividend after

Exxaro Resources, one of Eskom's largest coal suppliers, has declared a final cash dividend of R11.75 on the back of booming commodity prices and a good …

Exxaro Resources: the rise of the 'digital' coal mine

Volumes: 2.7 Mtpa of thermal coal product. Construction: 24 months. Life of mine: 17 years. Reserves: A-grade, high-yield thermal coal. Belfast is Exxaro Resources' first Greenfields mine to be developed since 2007 when Inyanda mine, near Witbank, was developed. You can read the full digital magazine here or subscribe here to receive a …

South Africa's Eskom CEO sees end to crisis in shift from coal

Eskom operates 15 coal-fired power stations that generate more than 80% of the country's electricity but regularly break down. It also runs Africa's only nuclear power station and a handful of ...

Eskom paid R9.7bn in take-or-pay coal penalties to Exxaro

ESKOM paid R9.7bn in penalties in terms of a take-or-pay agreement with Exxaro Resources, according to Bloomberg News which cited a presentation by the …

Exxaro Investor Centre | Integrated Reports | Exxaro

Explore the Exxaro investor centre to access share price information, integrated reports, performance analysis, historical data & more. ... Based on our position as a major coal supplier in South Africa, we understand the importance of being carbon-neutral and finally net-zero carbon. Therefore, we have started incorporating renewable …

Exxaro Resources Limited Integrated report 2019 | Macro …

The outstanding condition was the cession of the current coal supply agreement between Eskom and Arnot OpCo. Competition Commission and section 11 approvals had already been obtained. The potential development plan for the Moranbah South coking coal project is being reassessed by Exxaro and Anglo American.

Exxaro Student Hub: Careers & Opportunities | Exxaro

Exxaro student hub equips young people with the tools and skills needed to work efficiently in an environment adjusting towards the Fourth Industrial Revolution. ... Do you have a case of suspected fraud or corruption to report? Contact Tip-offs Anonymous using the following independent channels: +27 800 203 579

About Exxaro

• Largest high-quality Coal Reserves remaining in the country, providing a platform for early value returns • Largest supplier of energy coal to Eskom and ArcelorMittal South Africa Limited (AMSA) • Five managed coal operations (including 50% share of Mafube) produced 42.5Mt of thermal and metallurgical coal (2020: 47.4Mt),

Eskom paid R9.7bn in take-or-pay coal penalties to Exxaro

ESKOM paid R9.7bn in penalties in terms of a take-or-pay agreement with Exxaro Resources, according to Bloomberg News which cited a presentation by the power utility to the Standing Committee on Public Accounts in South Africa's parliament on Tuesday.. Eskom told Scopa that the penalties related to coal that should have been …

Exxaro Resources Limited Consolidated Mineral …

Thermal coal is sold to Eskom on long-term coal-supply agreements to supply feed coal to the Matimba and Medupi power stations via conveyor belts. Different-sized metallurgical coal products at 15% ash content are …

Exxaro's Lephalale Solar Project: Powering a better tomorrow

As a company whose vision is to invest in resources powering a clean world, the R1.56 billion investment into Exxaro's LSP will create a solar facility with an installed capacity of 68MW, that will annually generate 176 gigawatt hours of clean energy, designed to reduce emissions for 25 years from commissioning.

Exxaro Resources Limited – Integrated report 2021 | About Exxaro

Largest supplier of energy coal to Eskom and ArcelorMittal South Africa Limited (AMSA) Five managed coal operations (including 50% share of Mafube) produced 42.5Mt of thermal and metallurgical coal (2020: 47.4Mt), down 10% in 2021 – the majority of power station coal is supplied to Eskom