Pretoria, October 9, 2025 – The Competition Commission (CompCom) of South Africa has recommended that the Competition Tribunal approve the proposed acquisition by ManganExx (Pty) Ltd, a subsidiary of Exxaro Resources Limited, of Ntsimbintle Mining, Ntsimbintle Marketing and Trading, and Mokala Manganese (Pty) Ltd, subject to conditions.
Transaction Overview
ManganExx is a newly incorporated, wholly owned subsidiary of Exxaro, a Johannesburg Stock Exchange–listed mining and energy group with interests spanning coal, iron ore, zinc, and renewable energy. The target firms – Ntsimbintle Mining, Ntsimbintle Marketing, and Mokala – are active in manganese production, marketing, and export, with operations centred around the Mokala Mine in the Northern Cape.
Conditions Addressing Information Exchange
The Commission’s review identified potential concerns related to the exchange of commercially sensitive information. To mitigate these, the merging parties have agreed to conditions governing information sharing between the combined entity and other market participants.
The Commission noted that the merger does not raise major public interest concerns. The matter now proceeds to the Competition Tribunal for final approval.
