Grootegeluk Exxaro – Self Empowerment
5 November 2019
“We at Exxaro, know better than most the vital role that partnerships with government and other key stakeholders can play in achieving transformation in South Africa’s socio-economic landscape. Our R20 billion investment, between 2018 and 2023 is testament to our purpose, as it is about co-creating solutions with government to complex social and economic challenges facing our country,” said Exxaro CEO, Mxolisi Mgojo.
Mr Mgojo was speaking to a group of around 50 journalists who were invited for a media tour of the Exxaro state of the art head office, the conneXXion in Centurion across the road from the Gautrain train station. The tour concluded with a visit to a coal mining site at Belfast, Mpumalanga Province to experience first-hand and in real time operation of a digital and connected modern mine.
Leading mining transformation in South Africa, Exxaro committed R20 billion to building and expanding its production portfolio in the short to mid-term future in support the Presidents Cyril Ramaphosa’s Investment drive into South Africa. Approximately R10 billion into expansion projects in the Lephalale region where the flagship Grootegeluk (Big Luck) operation is located and another R10bn in the Mpumalanga area where the remainder if its mines are situated, including the Belfast.
Yunus Hoosen, InvestSA CEO said: “We thank organisations such as Exxaro which continue to invest in South Africa; we call on more domestic companies to invest in the country and play their part in moving the country forward. And to attract more investments, government is convening the second South Africa Investment Conference (Accelerating Economic Growth by Building Partnerships) from 5 to 7 November this year at the Sandton Convention Centre.”