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8.44000 EUR
0.26
2.99%
Last update Apr 2, 8:04 AM CEST
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Day range
8.44000
8.44000
Previous close
8.70000
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8.44000
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Thungela Resources Limited
8.44
0.26
2.99%

Overview

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Description

Thungela Resources Limited is a leading pure-play producer and exporter of high-quality, cost-competitive thermal coal, with operations spanning South Africa and Australia. The name 'Thungela,' meaning 'to ignite' in isiZulu, reflects its foundational role in the global energy sector, drawing on mining expertise since 1945. The company specializes in thermal coal, which accounts for the majority of its sales (82.9%), alongside industrial coal and domestic-use coal (17.1%), exported primarily to markets like the United Kingdom (74.5% of sales), Taiwan, India, and others. Thungela emphasizes high-quality reserves, marketable production, and efficient delivery through world-class ports, positioning it as a key supplier powering nations worldwide. Headquartered in Johannesburg, it maintains a strong focus on creating shared value for stakeholders via sustainable practices and ESG commitments, while navigating the coal industry's dynamics in energy transition contexts.

About

CEO
Mr. Moses Madondo
Employees
Address
25 Bath Avenue
Rosebank
Johannesburg, 2196
Phone
27 11 638 9300
Website
Instrument type
Common stock
Sector
Energy
Industry
Thermal Coal
Country
Germany
MIC code
XFRA
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