13-05-2025
Coal Miner Exxaro to Acquire Manganese Assets for $640 Million
Exxaro Resources Ltd., South Africa's biggest coal miner, has agreed to acquire the nation's largest manganese mines for about 11.67 billion rand ($640 million).
The assets include the Tshipi Borwa Mine, as well as the Mokala Mine, in Kalahari Manganese Field, the company said in a statement. The unadjusted price payable in respect of the sale equity is 11.67 billion rand cash, according to the statement.
