Proposed transaction with Tronox Incorporated

Introduction

Exxaro and Tronox Incorporated (Tronox"), a leading international pigment company based in the United States and Exxaro’s joint venture partner at Tiwest in Australia, have reached agreement in respect of a proposed transaction, which entails the combination of Exxaro's mineral sands operations (the "Exxaro Mineral Sands Operations") with the businesses of Tronox under a newly-formed Australian holding company ("New Tronox").

News Releases

View - Unaudited pro forma financial effect of the proposed transaction with Tronox Incorporated and withdrawal of cautionary announcement
(Date released: 11 November 2011)

View - Joint Cautionary Announcement
(Date released: 26 September 2011)

Join - Teleconference 26th September 2011
(Date released: 26 September 2011)

View - Joint Press Release
(Date released: 26 September 2011)

Presentations

View/Download: Exxaro’s energy, climate change and renewable energy journey
Presentation by Brian Day, Technology Manager: Energy, SANEA Breakfast, Johannesburg [1.6 mb]
(Date released: 12 October 2011)

View/Download: Tronox and Exxaro Mineral Sands Combination [499 kb]
(Date released: 6 October 2011)

View/Download: Creation of a leading global integrated pigment producer [627 kb]
(Date released: 26 September 2011)

Media Coverage

Tronox investors resented Exxaro merger
ONE of the reasons shares in OTC-traded Tronox fell more than a fifth following announcement it was merging with the mineral sands business of Exxaro Resources was shareholder discontent the deal would scupper a higher offer from another suitor,...
Miningmx 29 Sep 2011 22:00 AVE: R166

Exxaro in new mineral sands transaction
Johannesburg, South Africa --- MININGREVIEW.COM --- 28 September 2011 - Diversified miner Exxaro Resources and Tronox Incorporated a leading international pigment company based in the United States have agreed to combine Exxaro's mineral sands...
Mining Review 28 Sep 2011 13:00 AVE: R4

Exxaro will sell its mineral sands businesses to U.S.-based pigment producer...
It has been reported that South African diversified miner Exxaro will sell its mineral sands businesses to U.S.-based pigment producer Tronox to create a $3.4 billion producer.
MBendi 28 Sep 2011 22:00 AVE: R74

Exxaro in deal to merge unit with Tronox
EXXARO Resources is placing its mineral sands business into Tronox Incorporated, the world's fifth-largest titanium dioxide maker, in a deal to create a company valued at R27,8bn and which may list on the New York Stock Exchange. Not only does the...
BusinessDay 27 Sep 2011 07:00 AVE: R1729

Exxaro integrates operations with Tronox
Dineo Matomela Exxaro Resources would sell its mineral sands assets to Tronox in exchange for a 38.5 percent stake in a new venture, Wim de Klerk, the finance director at Exxaro, said yesterday. The proposed transaction would create New Tronox as...
IOL 27 Sep 2011 06:00 AVE: R2668

Business Briefs
...said yesterday. Manuel said the challenge in South Africa was no longer creating jobs but saving them. - I-Net Bridge Exxaro to make mineral sands deal with Tronox SOUTH African diversified miner Exxaro Resources yesterday announced that it...
Times LIVE 27 Sep 2011 06:00 AVE: R4297

Exxaro to spin out titanium business
EXXARO Resources (Exxaro) is to spin off and list its heavy mineral sands business separately through a merger with US company Tronox, which is its JV partner in the Tiwest operation in Australia. The move is likely to boost the valuation of...
Miningmx 26 Sep 2011 22:00 AVE: R158

S.Africa stocks extend slide as miners walloped
...Gold, the world's fifth-largest producer of the previous metal, dropped 3.5 percent to 95.68 rand. Diversified miner Exxaro fell 2.1 percent to 175.22 rand, hit by the sell-off. Separately, the company said it would sell its mineral sand...
Sharenet 26 Sep 2011 21:00 AVE: R484

SA could house new pigment plant: Exxaro
The combination of Exxaro's mineral sands operations with the world's fifth largest titanium dioxide pigment producer Tronox increases SA's chances of being home to a potential new greenfield pigment plant, Exxaro CEO Sipho Nkosi said on Monday....
Business LIVE 26 Sep 2011 21:00 AVE: R442

JSE extends slide as miners walloped...
Harmony Gold, the world's fifth-largest producer of the previous metal, dropped 3.5% to R95.68 rand. Diversified miner Exxaro fell 2.1% to R175.22, hit by the sell-off. Separately, the company said it would sell its mineral sand operations to...
Fin24.com 26 Sep 2011 21:00 AVE: R2601

Exxaro and Tronox to combine mineral sands operations
JOHANNESBURG (miningweekly.com) - South African diversified miner Exxaro would combine its mineral sands operations with the operations of US-based pigment firm Tronox to create an integrated mine-to-processing-to-pigment producer, it announced on...
Mining Weekly 26 Sep 2011 21:00 AVE: R285

Exxaro to sell mineral sands ops
Johannesburg - Diversified miner Exxaro Resources [JSE:EXX] said on Monday it would sell its mineral sands businesses to US-based pigment producer Tronox in return for a 38.5% stake in a new company to be formed after the acquisition. Exxaro's...
Fin24.com 26 Sep 2011 16:00 AVE: R2404

Exxaro to sell mineral sands operations to Tronox
Diversified miner Exxaro said on Monday it would sell its mineral sands businesses to US-based pigment producer Tronox in return for a 38,5% stake in a new company to be formed after the acquisition. Exxaro's mineral sands businesses include the...
BusinessDay 26 Sep 2011 13:00 AVE: R995

UPDATE 1-Exxaro to sell mineral sands ops to Tronox
Exxaro mineral sands includes ops in S.Africa, Australia * To hold 38.5 percent stake in new company (Adds details, quotes, shares) By Agnieszka Flak JOHANNESBURG, Sept 26 (Reuters) - South African diversified miner Exxaro said on Monday it would...
Reuters Africa 26 Sep 2011 11:00 AVE: R923

Exxaro to combine mineral sands ops with Tronox
Johannesburg, Sep 26 (I-Net Bridge) - South African diversified miner Exxaro Resources (JSE:EXX) (EXX) on Monday announced that it planned to combine its mineral sands operations with the business of international pigment company Tronox...
Moneyweb 26 Sep 2011 11:00 AVE: R468

Exxaro Resources Limited - Proposed transaction with Tronox Incorporated
EXX - Exxaro Resources Limited - Proposed transaction with Tronox Incorporated and cautionary announcement Exxaro Resources Limited (Incorporated in the Republic of South Africa) (Registration number 2000/011076/06) Issuer Code: EXX ISIN:...
JSE SENS 26 Sep 2011 10:00

Exxaro to fold mineral sands ops into new company
JOHANNESBURG, Sept 26 (Reuters) - South African miner Exxaro said on Monday its mineral sands operations would merge with pigment company Tronox to form a new company in which it would become the largest single shareholder. Exxaro said in a...
Reuters Africa 26 Sep 2011 10:00 AVE: R343

Exxaro sells off minsands assets to Tronox for 385 of JV | Industrial ...
Tronox TiO2 output to 465000 tpa deal will add security to KZN SandsNamakwa.

Exxaro to sell mineral sands ops Fin24 Companies Mining
Exxaro to sell mineral sands ops: Fin24: Companies: Mining. Miner Exxaro is to sell its mineral sands operations to a US-based firm in return for a 38.5% ...

Exxaro, Tronox create $3.4B mineral sands miner - The Deal ...
The company, operating in Australia, will produce titanium dioxide pigment for paint.

Exxaro and Tronox to combine mineral sands operations
Creamer Media's Mining Weekly
JOHANNESBURG (miningweekly.com) – South African diversified miner Exxaro would combine its mineral sands operations with the operations of US-based pigment firm Tronox to create an integrated mine-to-processing-to-pigment producer, it announced on ...
See all stories on this topic »

Tronox Will Merge With Ore Supplier Chemical & Engineering News
In a bid to vertically integrate its business in the white pigment titanium dioxide, Tronox will acquire the mineral sands operations of South African mining conglomerate Exxaro Resources, the world's third-largest supplier of TiO 2 ores. ...
See all stories on this topic »

Tiwest ties ownership strings together
The West Australian
WA's Tiwest mineral sands operation will be consolidated under a single owner in a deal announced late yesterday between joint venture partners South African miner Exxaro and US pigment company Tronox. Under the complex deal, Exxaro will merge its ...
See all stories on this topic »

Exxaro to sell mineral sands ops to Tronox | Reuters
JOHANNESBURG (Reuters) - South African diversified miner Exxaro will sell its mineral sands businesses to U.S.-based pigment producer Tronox to create a ...

Exxaro to spin out titanium business
Exxaro Resources is to spin off its heavy minerals sands operations into a separate company which will be listed on the New York Stock Exchange.

EXX - Exxaro Resources Limited - Proposed transaction with Tronox ...
EXX EXX EXX - Exxaro Resources Limited - Proposed transaction with Tronox Incorporated and cautionary announcement Exxaro Resources Limited ...

Tronox acquires mineral sands producer Exxaro Resources ...
Tronox acquires mineral sands producer Exxaro Resources, production Tronox Incorporated, a leading producer and marketer of titanium dioxide pigment, and ...

Return to top

Publications

Listing particulars

Annual Report 2005

Directors' Remuneration Report

Presentations

Webcast: audited results 2005

Proposed transaction with Tronox Incorporated

Publications

Related links