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An update from Thungela Resources Limited ( (GB:TGA) ) is now available.
Thungela Resources Limited has reported a challenging first half of 2025 due to volatile coal prices and global economic disruptions. Despite these challenges, the company has maintained a fatality-free record and achieved improvements in rail performance, which has bolstered production. However, the company faces pressures from declining coal prices and higher operational costs, particularly in its Australian operations. Thungela continues to prioritize shareholder returns through dividends and share buybacks while investing in life extension projects and environmental liabilities.
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. Thungela is committed to maintaining a fatality-free business and has strategic projects like the Elders project and the Zibulo North Shaft project in South Africa, as well as full ownership of the Ensham Business in Australia.
Average Trading Volume: 247,733
Technical Sentiment Signal: Sell
Current Market Cap: £504.8M
Learn more about TGA stock on TipRanks’ Stock Analysis page.