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Thungela Weighs Opportunities to Invest in More Coal Mines

Bloomberg Markets Monday 17 August 2026, 09:54 UTC By William Clowes 1 min read
Key Points

Thungela Weighs Opportunities to Invest in More Coal Mines South African coal exporter Thungela Resources Ltd. is weighing opportunities to invest in new mines as it anticipates strong demand for the type of fuel it produces. The Johannesburg- and London-listed company said on Monday that first-half profit rose almost sixfold to 1.4 billion rand ($86.6 million), compared with the same period last year. Thungela attributed the improvement to better prices received for its coal and higher...

Thungela Weighs Opportunities to Invest in More Coal Mines South African coal exporter Thungela Resources Ltd. is weighing opportunities to invest in new mines as it anticipates strong demand for the type of fuel it produces. The Johannesburg- and London-listed company said on Monday that first-half profit rose almost sixfold to 1.4 billion rand ($86.6 million), compared with the same period last year. Thungela attributed the improvement to better prices received for its coal and higher sales volumes.
Thungela Weighs Opportunities (ORG) Coal Mines South (LOCATION) Thungela Resources Ltd. (ORG) London (LOCATION) Thungela (PERSON)
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