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Official Development Academy Partner

Exxaro is the result of an empowerment transaction that involved the unbundling of Kumba Resources' iron ore assets and the relisting of Kumba as Exxaro in November 2006. The primary rationale behind the unbundling was to create a new generation South African company and to broaden the spread of shareholders in both companies to people from historically disadvantaged backgrounds, employees and communities in proximity to the company's operations.

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