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Exxaro targeting manganese, bauxite, copper as part of decarbonisation strategy

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By investing in operating manganese, bauxite and copper assets, the new Exxaro Minerals business could represent 50% of expected coal earnings within ten years, Exxaro CEO-designate and MD Minerals Dr Nombasa Tsengwa stated on the Johannesburg Stock Exchange-listed coal company’s website on Monday. Exxaro outlined its strategy in response to climate change while hosting a virtual Capital Markets Day.

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