Company Overview

Business Description

Sector
Energy
Industry
Energy
Headquarters
South Africa ZA
Employees
4 493
IPO date
Jun 7, 2021

Thungela Resources is a South African coal producer focused on thermal coal, the type burned mainly to generate electricity and run industrial boilers. It mines coal in South Africa and prepares it for sale, with a business centered on supplying export and domestic energy markets rather than making steel or other coal products.

The company sells coal to power utilities, traders, and industrial customers, especially buyers that need steady fuel supplies for electricity generation. Its money comes mainly from selling mined coal under supply contracts and spot cargoes, with prices tied to coal markets and the cost of getting the coal from mine to port.

What makes Thungela’s business model distinct is that it sits at the supply side of the energy chain: it turns a bulk raw material into a transportable fuel and depends on mining, rail, and port access to reach customers. That makes it more than a mine owner; it is a logistics-heavy coal exporter whose results are shaped by mine output, transport reliability, and demand for thermal coal.

Thungela Resources Ltd Investor Relations

Address
25 Bath Avenue, Rosebank, NaN
Johannesburg, Gauteng
South Africa

Business Segments

South Africa coal mines

Thungela mines thermal coal in South Africa, processes it, and moves it to export terminals and local buyers.

Customers and revenue model

Australia coal mine

Thungela also owns and operates thermal coal mining assets in Australia through its Ensham operation.

Customers and revenue model

Management

Mr. July Ndlovu BLP, BSc (Hons), CSEP, MBL

CEO & Executive Director

Biography unavailable

Mr. Gideon Frederick Smith Law

CFO & Executive Director

Biography unavailable

Mr. Johan Van Schalkwyk

Chief Operations Officer

Biography unavailable

Mr. Leslie Martin

Executive Head of Technical

Biography unavailable

Mr. Bernard M. Dalton

Executive Head of Marketing

Biography unavailable

Mr. Lesego Mataboge

Executive Head of Human Resources

Biography unavailable

Ms. Mpumi Sithole

Executive Head of Corporate Affairs

Biography unavailable

Ms. Carina Venter

Executive Head of Safety, Health & Environmental

Biography unavailable

Ms. Altovise Alaxa Ellis

Company Secretary

Biography unavailable

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