Investors

AECI as an investment

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Invested in Excellence. Driven by Growth.

Our commitment to quality earnings growth and robust cash generation in our core mining operations has allowed us to excel consistently in a dynamic market. Leveraging our deep expertise and extensive knowledge of products and markets, we have developed a clear and robust capital allocation policy, offering stability through a stable dividend payout. Our ongoing portfolio reorganisation and optimisation efforts create a solid platform for a significant step-out growth opportunity, positioning us for substantial expansion.

Performance overview

Financial highlights As at 31 December 2023

EBIT growth of

26%

strongly underpinned by AECI Mining

Working capital

15%

of revenue, marking a 4pts improvements from 2022

Gearing at

35%

down from 45% in 2022

The AECI strategic
competitive advantage

Our strategy aims to drive sustainable growth, profitability, and environmental responsibility across the entire portfolio.

With a shared vision of a successful future and nearly a century of steadfast commitment behind us, we acknowledge that our business achievements reflect our sustained success and serve as a steadfast foundation for our ongoing expansion.
Recognising the imperative of evolution, we understand that embracing change is pivotal to securing our position in the forthcoming century.

Over the past financial year, the Board has diligently overseen a comprehensive review of our strategy, conducted by our executive and management teams, considering both internal dynamics and external factors. This new strategic direction aims to fortify our operations, ensuring our resilience in the face of external pressures while nurturing internal strengths. Our proactive stance empowers us to seize emerging opportunities and navigate market shifts with agility and profitability, positioning us as a sustainable and relevant entity for the future.

#3 GLOBALLY

Double profitability of the core business (Mining and Chemicals) by 2026 Attain a global market position in mining of #3 by 2030

Strategic Pillars

People

A high-performance culture underpinned by passionate and engaged people.

We will create a winning culture that promotes diversity, equity and inclusion while building the industry’s best team through attracting and retaining capabilities and talent.

Portfolio

We will focus resources on what we are good at to grow the core, divest from businesses with no apparent synergies and ensure prudent capital allocation to strengthen the balance sheet.

Operational Excellence

We will drive change through innovation, embracing sustainable practices, and striving for operational, commercial and functional excellence. This commitment extends to delivering on promises made to our stakeholders, achieving quality earnings growth, while actively building renewable energy solutions for a greener, more sustainable future.

Growth

We will grow the core of our operations in a well-managed, responsible manner by building global-standard businesses while securing a prominent #3 market position by 2030 and maximising cash generation from our South African-based Chemicals business.

A history of consistent results

Resilience, transformation and sustainable value creation

Sustainability in action

We strive to enhance the well-being of individuals and communities by promoting health, equality and inclusivity.

Good health and well-being

Supporting employee health and safety, promoting mental well-being and enhancing community health outcomes through partnerships and initiatives.

Gender equality

Advocating for gender diversity and inclusion across our workforce and leadership while empowering women in the communities where we operate.

Environmental sustainability is a cornerstone of our strategy and ensures that we protect resources for future generations.

Clean water and sanitation

Ensuring efficient water use, reducing water pollution and improving access to clean water in our operating regions.

Affordable and clean energy

Transitioning to renewable energy sources, improving energy efficiency and supporting innovative clean energy projects.

Climate action

Reducing GHG emissions, innovating for sustainable production and supporting global efforts to combat climate change.

We aim to create shared value by fostering inclusive economic development and innovation.

Zero hunger

Supporting sustainable agriculture initiatives, food security programmes and innovative solutions in food production.

Industry innovation and infrastructure

Investing in sustainable infrastructure and fostering innovation to drive industrial development and resilience.

Decent work and economic growth

Promoting fair labour practices, enhancing employee development and supporting job creation in communities.

Responsible consumption and production

Prioritising circularity through resource efficiency, waste reduction and sustainable practices throughout our value chain.

Good governance and collaborative partnerships support our approach to sustainable growth.

Partnerships for the goals

Building strong partnerships with governments, civil society and businesses to advance shared sustainability objectives.

Investor News

Stay up to date with the latest AECI financial results, strategic updates, and key investor announcements.