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Energy & Science

South African Coal Miner Exxaro Plans Move Into Green Metals

  • Mining companies are increasingly trying to tap green boom
  • Exxaro is targeting bauxite, copper and manganese assets

South African coal producer Exxaro Resources Ltd. is turning its attention to minerals such as copper and manganese as mining companies look to tap the green revolution.

Other assets Exxaro plans to invest in include bauxite, a raw material used to make aluminum that ends up in electric cars and solar panels, according to a markets day presentation. It’s part of a plan to supply key materials needed to power the world’s cleaner future and energy transition, it said.