InfoisInfo South Africa

N B C
Associations in Belfast

www.exxaro.com
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Remember you found this company at Infoisinfo 013253730?

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NBC Coal Paardeplaats Spitzkop Rd Belfast. Belfast. Mpumalanga. 1100
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What you should know about N B C

Mining in Belfast

Exxaro is one of the largest and foremost black-owned, South African-based diversified resources companies, with current business interests in South Africa, Europe and United States of America. Although just 10 years old, Exxaro’s pedigree and skills were built over decades as a company rooted in South Africa and respected by its peers for its innovation, ethics and integrity. Based on a well-executed strategy, solid returns, access to funds and quality resources, Exxaro is a unique listed investment opportunity. Our aim is to provide sustainable returns to shareholders and the countries in which we operate by being a world-class operator of a portfolio of assets, primarily in Africa, that are underpinned by growing global infrastructure and energy demand. This aspiration is be guided by our strategic objectives. Our capital expenditure programme is dominated by the coal business, a trend we foresee continuing over the next three years. Investment in coal expansion programmes included capex of R929 million for additional export volumes from Grootegeluk and completion of a bankable feasibility study for Belfast in Mpumalanga. The development of the Grootegeluk Medupi expansion project (GMEP) is concluded and the project handed over to operations to start delivering on its supply agreement with Eskom’s Medupi power station. Addendum 9 to the supply agreement is also concluded and a total of 3,1Mt delivered in accordance with the contract. Further investment development will depend on the iron ore market conditions and development of rail-port infrastructure by the RoC government. The latter end of this three-year outlook will see the beginning of the development of Thabametsi to supply the power station to be built in terms of the Department of Energy’s coal IPP programme. At Exxaro, we look beyond the current commodities and operations and see the impact we have on people and the planet. We believe in the power of people and their ability to explore and shift boundaries which lead to success. When inspired leaders in any specific field come together, one expects nothing less than greatness. Formed by the merger of some of the biggest achievers in its industry, Exxaro’s leaders aim to build on the successes of their predecessors and push the group to unrivalled success. It is a progressive, new generation South African organisation which aims to create possibilities for all involved.
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