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Thungela Resources Limited ( (GB:TGA) ) has shared an announcement.
Thungela Resources Limited reports a strong operational performance for the financial year ending December 2025, with export saleable production exceeding expectations due to successful projects and improved rail performance. Despite challenges such as weak global coal prices, the company has managed to secure contracts for lower quality coal, improve sales, and maintain a robust capital allocation framework, showcasing resilience and strategic execution in transitioning its South African portfolio.
More about Thungela Resources Limited
Thungela Resources Limited is a company based in South Africa, primarily involved in the coal industry. The company focuses on the production and export of thermal coal, with operations in both South Africa and Australia.
Average Trading Volume: 255,295
Technical Sentiment Signal: Buy
Current Market Cap: £562.3M
Find detailed analytics on TGA stock on TipRanks’ Stock Analysis page.