Exxaro embraces a green future
The major SA coal miner will forge a new path as the world transitions away from fossil fuels
12 March 2020 - 18:57
Exxaro Resources, SA’s largest, black-empowered coal miner, is moving into renewable energy as the global transition away from fossil fuels intensifies.
At its results presentation on Thursday, Exxaro CEO Mxolisi Mgojo said that after following a “robust engagement” between the board and management, Exxaro has resolved to adopt a strategy “that will focus solely on new opportunities in the energy security space”. Mgojo said renewable energy is the fastest growing energy sector and so will be core to the strategy...
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