JOHANNESBURG (miningweekly.com) – Exxaro wants its growing energy and future-facing metals businesses to account for more than half of group earnings by 2030.
“This is the business we are building for tomorrow,” Exxaro CEO Ben Magara said while displaying a slide showing a diversified natural resources champion not only providing earnings and reducing carbon intensity, but also providing the career opportunities of many young and upcoming people "to make sure that we remain a key driver to our country's economy". (Also watch attached Creamer Media video.)
“We’re anchored by a long-life, high-quality and cash-generative coal business, a growing renewable-energy business, and future-facing metals that are built globally with significant manganese exposure.
“As we look ahead, we’ll continue to anchor our whole business, and we'll continue to drive in line with our prudent and disciplined capital allocation, underpinned by our people and the conviction to achieve zero harm – and to do this ethically.
“These three business pillars of coal, renewable energy, and manganese and future-facing metals position Exxaro continuously as a consistent dividend payer, sustained for growth.”
