South Africa’s Exxaro Resources reported an 8 percent rise in full-year profit, driven by strong cost discipline that helped cushion the impact of weaker global coal prices, according to Reuters.
The mining group recorded headline earnings per share of 32.47 rand, up from 30.16 rand in the previous year, reflecting steady operational performance despite a softer commodity pricing environment.
In line with the improved earnings, Exxaro declared a final dividend of 10 rand per share, marking a 15 percent increase and bringing total shareholder payouts for the year to approximately 6.3 billion rand.
The results underscore the company’s resilience amid market volatility, with a continued focus on cost efficiency and capital discipline, while advancing its strategy to diversify beyond coal into future-facing energy and mineral investments.
