Exxaro has cut down on dividends declared in the half year to June 2026 as lower contributions from its iron ore investments, Sishen Iron Ore Company (SIOC) and Black Mountain, weighed on earnings. SIOC is an iron ore producer in which Exxaro holds a minority stake. It is majority-owned by Kumba Iron Ore and operates the Sishen mine, while Black Mountain is a base-metals mining operation producing zinc, lead and copper. Headline earnings per sha…
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