Tag: Thungela Resources
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South Africa: Thungela Resources Ltd’s coal production falls amid rail disruption
Thungela Resources Ltd, South Africa-based coal miner’s saleable coal production is expected to be 12.8 mnt, below the guidance range of 13.0 to 13.6 mnt, issued in August. The fall comes amid deterioration in Transnet freight rail performance and frequent power outages. The surge in coal demand due to Russia-Ukraine war led to a sharp…