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Exxaro Resources Ltd (EXXJ.J)

EXXJ.J on Johannesburg Stock Exchange

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Latest Key Developments (Source: Significant Developments)

S.Africa's Competition Tribunal Approves Exxaro Resources/Cennergi Deal
Wednesday, 4 Dec 2019 

Dec 4 (Reuters) - S.Africa's Competition Tribunal: :S.AFRICA'S COMPETITION TRIBUNAL - UNCONDITIONALLY APPROVED MERGER WHEREBY EXXARO RESOURCES LTD INTENDS TO ACQUIRE CENNERGI (PTY) LTD.  Full Article

Exxaro Resources Sees Decrease By 6% In Thermal Coal Production From Waterberg For FY
Wednesday, 27 Nov 2019 

Nov 27 (Reuters) - Exxaro Resources Ltd ::EXXARO RESOURCES LTD - THERMAL COAL PRODUCTION FROM WATERBERG IS EXPECTED TO DECREASE BY 6% FOR FY.EXXARO RESOURCES LTD - FY PRODUCTION AT MPUMALANGA COMMERCIAL MINES IS EXPECTED TO BE 15% HIGHER THAN IN FY18.EXXARO RESOURCES LTD SEES 12% INCREASE IN FY EXPORT SALES VOLUMES.EXXARO RESOURCES LTD - TOTAL SALES TO ESKOM ARE EXPECTED TO INCREASE BY 3% IN FY.EXXARO RESOURCES LTD - MEDUPI OFFTAKE FROM GROOTEGELUK IS EXPECTED TO REMAIN AS PER OFFTAKE PLAN FOR 1H20.EXXARO RESOURCES LTD - DOMESTIC THERMAL COAL SALES VOLUMES ARE EXPECTED TO DECREASE BY AROUND 34% IN FY.EXXARO RESOURCES LTD - DIVESTMENT FROM ARNOT IS IN ITS FINAL STAGES WITH ONLY ONE OF THREE KEY CONDITIONS PRECEDENT TO BE FULFILLED.EXXARO RESOURCES LTD - SALDANHA WORKS IS NOT EXPECTED TO IMPACT NEGATIVELY ON CO IN 1H20 AS HIGH-VALUE PRODUCT CAN BE PLACED IN ALTERNATIVE MARKETS.EXXARO RESOURCES LTD - EXPECTS COAL CAPITAL EXPENDITURE FOR FYE19 TO BE SLIGHTLY LOWER COMPARED TO FY18.EXXARO RESOURCES LTD - EXPECT DOMESTIC THERMAL COAL DEMAND AND PRICING TO REMAIN RELATIVELY STABLE DURING 1H20.EXXARO RESOURCES LTD - MEDUPI OFFTAKE FROM GROOTEGELUK IS EXPECTED TO REMAIN AS PER OFFTAKE PLAN FOR 1H20.EXXARO RESOURCES LTD - ON INTERNATIONAL FRONT, DO NOT SEE A QUICK RECOVERY FROM CURRENT PRICING AND SUPPLY/DEMAND BALANCE.  Full Article

Tronox Announces Redemption Of Exxaro's 26 Pct Ownership In UK Subsidiary
Friday, 15 Feb 2019 

Feb 15 (Reuters) - Tronox Ltd ::TRONOX ANNOUNCES REDEMPTION OF EXXARO'S 26 PERCENT OWNERSHIP IN UK SUBSIDIARY.TRONOX LTD - REDEMPTION OF EXXARO'S 26 PERCENT OWNERSHIP INTEREST IN TRONOX SANDS LLP FOR CONSIDERATION OF APPROXIMATELY ZAR 2.06 BILLION IN CASH.TRONOX LTD - REDEMPTION IS BEING WHOLLY FUNDED BY CASH CURRENTLY HELD IN TRONOX'S 74 PERCENT OWNED SOUTH AFRICAN SUBSIDIARIES.TRONOX LTD - COMPLETION AGREEMENT ENABLES TRONOX TO PROCEED WITH ITS RE-DOMICILIATION TO UK, ENSURES AN ORDERLY SALE OF EXXARO'S TRONOX SHARES.  Full Article

Exxaro Resources Announcement Regarding Exxaro’S Stake In Tronox Ltd
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Exxaro Resources Ltd ::JSE: EXX - EXX - ANNOUNCEMENT REGARDING EXXARO’S STAKE IN TRONOX LIMITED AND THE PROPOSED REDOMICILIATION OF TRONOX.EXXARO RESOURCES LTD - AS PREVIOUSLY ANNOUNCED, EXXARO REMAINS COMMITTED TO MONETISING ITS REMAINING 24% INTEREST IN TRONOX.EXXARO - ACCELERATED DISPOSAL OF ITS 26% MEMBER'S INTEREST IN TRONOX SANDS LIMITED LIABILITY PARTNERSHIP IN UNITED KINGDOM FOR R2.0BN IN CASH.  Full Article

Exxaro Resources Says Investec Now Holds 5.0047 Pct Of Company
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Exxaro Resources Ltd ::INVESTEC ACQUIRED EXXARO SHARES, THEIR HOLDING NOW EQUATES TO 5.0047 PERCENT OF COMPANY.  Full Article

Exxaro, Seriti Are Said To Mull Bids For South32 Coal Assets - Bloomberg
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - :EXXARO, SERITI ARE SAID TO MULL BIDS FOR SOUTH32 COAL ASSETS - BLOOMBERG, CITING SOURCES.  Full Article

Exxaro Resources Posts HY HEPS OF 1,222 CENTS
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - Exxaro Resources Ltd ::EXXARO RESOURCES LTD HY REVENUE R12.3 BILLION, UP 14 PCT.INTERIM DIVIDEND OF 530 CENTS PER SHARE, UP 230 CENTS PER SHARE.HY INTERIM DIVIDEND OF 530 CENTS PER SHARE, UP 230 CENTS PER SHARE.HY HEPS OF 1 222 CENTS, UP 39 PCT.HY AEPS OF 1 268 CENTS, UP 49 PCT.HY OVERALL COAL PRODUCTION VOLUMES (EXCLUDING BUY-INS AND SEMI-COKE) INCREASED BY 7 PCT OR 1 505KT.EXPECT THAT DOMESTIC MARKET DEMAND FOR SIZED PRODUCT WILL REMAIN STRONG AS SUPPLY REMAINS TIGHT.DURING 2H18, PERFORMANCE OF SIOC INVESTMENT WILL BE SUPPORTED BY A RELATIVELY STABLE IRON ORE FINES PRICE AND LUMP PREMIUM.OVER NEXT SIX MONTHS U.S.-CHINA TRADE TENSION AND HIGH OIL PRICE ARE EXPECTED TO SLOW GLOBAL ECONOMIC GROWTH MOMENTUM SOMEWHAT.RAND TO U.S. DOLLAR EXCHANGE RATE IS EXPECTED TO REMAIN VOLATILE.  Full Article

Exxaro Resources Expects FY 2018 Capital Expenditure To Be 18 Pct Lower Than Guidance Provided In March
Thursday, 28 Jun 2018 

June 28 (Reuters) - Exxaro Resources Ltd ::H1 PRODUCTION FRONT OUR COAL BUSINESS CONTINUED TO BE RESILIENT WITH AN INCREASE OF 1,7% FORECAST IN PRODUCTION VOLUMES.EXPECT H1 CAPEX FOR COAL BUSINESS TO DECREASE BY 16%, COMPARED TO 2H17.CAPITAL EXPENDITURE FOR FYE18 IS EXPECTED TO BE 18% LOWER THAN GUIDANCE PROVIDED IN MARCH 2018.DURING 1H18 MIXED PERFORMANCE WAS EVIDENT FOR DIFFERENT COMMODITY MARKETS.  Full Article

Exxaro Resources Says ‍FY HEPS Down 61%​
Thursday, 8 Mar 2018 

March 8 (Reuters) - Exxaro Resources Ltd ::‍FY HEPS OF 502 CENTS DOWN 61%​.FY ‍REVENUE R22,8 BILLION, UP 9%​.‍FINAL DIVIDEND OF 400 CENTS PER SHARE​.FY ‍AEPS OF 1 923 CENTS, UP 20%​.  Full Article

Exxaro Resources Sees FY ‍HEPS Between 452-532 Cents Per Share​
Tuesday, 6 Mar 2018 

March 6 (Reuters) - Exxaro Resources Ltd ::‍HEPS FOR YEAR ENDED 31 DECEMBER 2017 WILL BE BETWEEN 452 CENTS PER SHARE AND 532 CENTS PER SHARE​.‍AEPS FOR YEAR ENDED 31 DECEMBER 2017 WILL INCREASE BETWEEN 15% AND 23% FOR YEAR ENDED 31 DECEMBER 2017​.  Full Article

South African miner Exxaro buys remaining 50% stake in wind farm JV

JOHANNESBURG South African miner Exxaro Resources Ltd said on Tuesday it acquired the remaining 50% stake in its wind farm joint venture for 1.55 billion rand ($105.56 million) as it looks to expand its energy business.