Investec supports Exxaro, leading South African mining company, in transitioning into a diversified minerals and energy solutions business, through the acquisition of a portfolio of manganese assets for R11.67bn (around USD 636 million)

Our role

Investec acted as financial advisor and sole transaction sponsor to Exxaro Resources Limited on their acquisition of shares and claims in manganese assets from Ntsimbintle Holdings and OM Holdings.

Exxaro’s Sustainable Growth and Impact (“SG&I”) strategy aims to transition Exxaro into a diversified minerals and energy solutions business, anchored in its strong coal base, contributing to the energy needs of a future world.

^{About Exxaro Resources Limited}  

Exxaro Resources Limited is a leading South African mining company focused on the extraction and processing of materials, primarily coal. Exxaro also has interests in iron ore, zinc and renewable energy, and is expanding into energy transition metals like manganese and copper.