Thungela steams ahead on high coal price but plans to diversify

Company looks to a future when demand for coal shrinks

27 March 2022 - 00:00
By Dineo Faku

Thungela Resources, the JSE and London Stock Exchange listed coal producer, this week announced plans to acquire coal operations outside SA and expand into other commodities in the next ten years to diversify its revenue streams as pressure mounts on companies to reduce exposure to fossil fuels.

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