Diversified miner Exxaro Resources will no longer invest in thermal coal assets, as this forms part of the company’s transition to becoming carbon neutral by 2050 in terms of Scope 1 and Scope 2 emissions, CEO Mxolisi Mgojo said on February 2. Speaking during an environmental, social and governance- (ESG-) focused panel discussion on the first day of this year’s virtual Investing in African Mining Indaba event, Mgojo said the company would “continue in the coalfield” as long as it was viable, and for as long as power stations – like Medupi and Matimba – are in operation in line with existing supply contracts.
News
You are here: Home1 / News2 / Industry News3 / Exxaro no longer investing in thermal coal as it strives for 2050 carbon...
You might also like
INDUSTRY NEWS
WHERE TO FIND US
Address
9 Yellow Street
Botshabelo Industrial Area
Botshabelo, Free State
Call / Email Us
Tel: +27 (0) 51 534 1651
Email: info@transfix.co.za
SOME OF OUR PRODUCTS
CALENDAR
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
1 | 2 | 3 | ||||
4 | 5 | 6 | 7 | 8 | 9 | 10 |
11 | 12 | 13 | 14 | 15 | 16 | 17 |
18 | 19 | 20 | 21 | 22 | 23 | 24 |
25 | 26 | 27 | 28 | 29 | 30 |