I am delighted to announce that Stuart Miller will be stepping into the role of Executive Vice President: Mining, effective 16 September 2024. Stuart brings a wealth of experience and a strong record of accomplishment in the mining sector, having held various leadership roles across several international mining jurisdictions.

Johannesburg, 17 July 2025 – AECI is pleased to announce the disposals of Schirm USA, the Baar-Ebenhausen assets in Schirm Germany as well as the Food & Beverage division.

The main highlight in the year was the excellent safety performance, reflected in a Total Recordable Incident Rate (TRIR) of 0.15. This is the lowest TRIR since AECI commenced measuring this metric. The Group is also on track to reach all its published 2025 sustainability targets.

Johannesburg, 26 February 2025 – AECI Limited (JSE: AFE) today announced its audited financial results for the year ended 31 December 2024, delivered during a period of significant transformation. Strategic execution, purposeful leadership, and operational efficiencies have established the groundwork for long-term, sustainable growth.

AECI Limited, a global leader in the manufacture of chemicals and explosives, is pleased to announce the signing of a Share Purchase Agreement for Much Asphalt (Pty) Limited ("Much Asphalt") with Old Mutual Private Equity ("OMPE") and Sphere Investments (Pty) Limited ("Sphere").

Our stated ambition as the AECI Group is to double profitability of our core businesses by 2026 and to attain a global market position in Mining of #3 by 2030.

The main highlight in the year was the excellent safety performance, reflected in a Total Recordable Incident Rate (TRIR) of 0.15. This is the lowest TRIR since AECI commenced measuring this metric. The Group is also on track to reach all its published 2025 sustainability targets.

AECI proudly unveils strong financial results for the financial year ended 31 December 2023.

The main highlight in the year was the excellent safety performance, reflected in a Total Recordable Incident Rate (TRIR) of 0.15. This is the lowest TRIR since AECI commenced measuring this metric. The Group is also on track to reach all its published 2025 sustainability targets.

AECI is investing US$31 million (± R505 million at today’s exchange rate of R16,29) in two strategic growth projects that will double the profitability of AECI Schirm USA on an ongoing basis moving forward.

AECI Agri Health generated 25% of the Group’s total revenue in 2020. It is a key strategic growth pillar and it has played a pivotal role in a three-year pilot project.

A new addition to AECI Mining Explosives’ IntelliShot® system, the high accuracy Differential Global Positioning System (DGPS) is bringing autonomy to the blast hole tagging process.

AECI Food & Beverage has a new warehouse in Linbro Park, marking a change in strategy by the business which used a third-party service provider previously.

AECI Much Asphalt and Origin Materials have launched a programme to create a novel low-carbon bitumen that is expected to create considerable value in the developing African market. It could also revolutionise global bitumen production.

Charmaine Du Preez, Product Manager: AECI Specialty Chemicals, is the President of the Society of Cosmetic Chemists South Africa (COSCHEM). At the same time Jacques Strydom, Technical Manager: AECI Specialty Chemicals who was previously the Chair of the Cape Town Chapter, is a member of the Council, Chair of the Afternoon Lecture Committee and a Lecturer in Basic Chemistry and Surface Chemistry.

Only 20% of rubber tyres are recycled in South Africa, so the reuse of waste rubber in asphalt has the potential to significantly increase this figure and support greater sustainability.

A skid-mounted, solar-powered Online Real-time Remote Monitoring system/unit is now available from AECI Water.

AECI Mining Explosives’ IntelliShot® electronic blasting initiation system is delivering significant efficiency and safety improvements to Indonesia-based PT Kaltim Prima Coal (KPC), one of the largest open-pit mines in the world with coal resources of 9 275 million tonnes (Mt).

AECI Mining Explosives is exploring a range of technologies to help mines improve their blast planning, initiation and analysis, using a range of digital tools such as digital twin, blast design, smart mobile manufacturing units (MMUs), virtual reality (VR), digital classroom and automated supply chain.

Polymeric emulsifier technologies that enable customers to use waste oil in blasting have been developed by AECI Mining Chemicals. This is particularly desirable from an environmental management perspective.