We are proud to announce that Exxaro Resources will be participating in the 2023 Mining Indaba, which is aptly themed “Unlocking African Mining Investment: Stability, Security, and Supply”. The Mining Indaba is dedicated to pursuing the successful capitalisation and development of mining interests on the African continent.
The theme of the conference is absolutely apt for Exxaro’s Sustainable Growth and Impact strategy which is to deliver on its vision of providing resources that power a cleaner world. It is for these reasons that the mining and renewable energy solutions company is excited to share its ideas with other industry leaders and thinkers at this conference, which is taking place in the beautiful city of Cape Town.
Stakeholder value creation is central to the mining titan’s purpose and vision, as such the company aims to have a direct and positive impact on the industry and the country through taking advantage of the opportunities that are arising from climate change. Creating a renewable energy business that has been generating 229MW of wind energy is a great opportunity. Generation capacity will increase to 1.6GW by 2030. A further opportunity from climate change is developing a diversified minerals business by copper, manganese and bauxite. Accompanying these strategy developments is the investment of social capital which ensures a just and equitable transition of communities who will be affected by the systemic changes from the climate.
Dr Nombasa Tsengwa, CEO of Exxaro expresses “A prosperous future in the mining industry belongs to those who innovate and evolve. We are excited to use this opportunity to spearhead conversations that will drive change for the betterment of our economy and communities.”
Mining Indaba has been a staple in the industry’s calendar, with over 6,500 conference attendees arriving every February for five days of exhibitions and networking. The conference has a major impact on the local and national economy of South Africa by contributing R156m to the South African GDP, generating 214 full-time annual job equivalents in the country and contributing R19m to national taxes.