Exxaro’s pre-close meeting showed the average API4 coal export price dropped to $91 per tonne, and iron ore fines prices slightly decreased to$100 per dry metric tonne compared to 2H24. Coal production and sales volumes are expected to decline by 6% and 7%, respectively, due to lower Eskom demand, with capital expenditure down 19%. Cennergi’s wind assets are projected to generate 335GWh, slightly less than 2H24, while the Lephalale Solar PV Project faces delays. Interim results are due on 21 August 2025.
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