Exxaro builds cash pile, widens search for critical mineral targets | Business Information & News | Westlaw

Exxaro builds cash pile, widens search for critical mineral targets | Business Information & News | Westlaw

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8/17/23 REUTERS 05:47:40
REUTERS
Copyright (c) 2023 Thomson Reuters
August 17, 2023
Exxaro builds cash pile, widens search for critical mineral targets
Jan Harvey
Tom Hogue
Edmund Klamann
Nelson Banya
Barbara Lewis
(Reuters) -South African coal miner Exxaro Resources is planning to build up a cash balance of up to 15 billion rand ($788.34 million), partly to fund acquisitions as it widens its search for clean energy minerals, executives said on Thursday.
Exxaro...
---- Index References ----
Company: MORGAN STANLEY; EXXARO RESOURCES LIMITED
News Subject: (Business Management (1BU42); Corporate Events (1CR05); Corporate Groups & Ownership (1XO09); Dividends (1DI76); Equity Instruments (1EQ90); Funding Instruments (1FU41); Mergers & Acquisitions (1ME39); Stock Markets (1ST45))
Industry: (Coal (1CO39); Coal Power Generation (1CO71); Electric Utilities (1EL82); Energy & Fuel (1EN13); Financial Services (1FI37); Investment Management (1IN34); Metals & Mining (1ME07); Mining (1MI65); Natural Resources (1NA60); Refineries (1RE12); Securities Investment (1SE57); Utilities (1UT12))
Language: EN
Other Indexing: (Morgan Stanley; Exxaro Resources)
Keywords: ma
Word Count: 413
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