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South Africa's Exxaro bullish on coal, eyes higher Japan exports

15 Feb 2024 08:15 | Ashley Chaplin

black stones on white sand
Exxaro Resources, a major player in South Africa's coal industry, is positive about the demand for its higher-grade RB1 coal, especially from Japan. Despite facing challenges such as lower export volumes, the company sees opportunities for growth and is exploring alternatives such as using the port city of Maputo in Mozambique for exports. Exxaro has a substantial budget for acquisitions and is actively seeking opportunities in copper assets in Zambia, the Democratic Republic of Congo (DRC), and Botswana, as well as potential acquisitions in the manganese sector in South Africa, which holds significant global reserves.

https://www.xm.com/research/markets/allNews/reuters/south-africas-exxaro-bullish-on-coal-eyes-higher-japan-exports-53759640


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The South African Chamber of Commerce in Japan was established in 2008 to promote trade and commerce as well as enhance friendship and cultural understanding between the two nations. The SACCJ strives to be a reliable first point of contact for businesses and individuals related to South Africa in Japan, and to provide our members with access to a wealth of information and contacts to assist in their projects, ventures and businesses.

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