11,833.00
-1.03%
Close of 9 Nov 2026, in ZAc
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Thungela Resources
Its shares trade on JSE under the ticker TGA.JO. It has been listed since 7 June 2021. In the fiscal year to 31 December 2025, it reported revenue of ZAR 29.60bn and a net loss of ZAR 7.08bn. At that date it held total assets of ZAR 37.78bn and shareholders' equity of ZAR 16.01bn.
Thungela Resources Ltd. produces and exports thermal coal in South Africa. The firm is a pure-play producers and exporters of thermal coal in South Africa based on aggregate thermal coal reserves and marketable thermal coal production. The Company’s segments include Opencast, Underground and Corporate and other. In Opencast segment, the Company’s mining operations undertaken in an opencast mine where coal is extracted, including mining operations Isibonelo, Khwezela, Mafube and Rietvlei. In Underground, the Company’s mining operations undertaken in an underground mine where coal is extracted, including mining operations: Zibulo, Greenside and Goedehoop. Thungela also holds a 50% interest in Phola, which owns and operates the Phola Coal Processing Plant, and a 23.22% indirect interest in Richards Bay Coal Terminal (RBCT). RBCT is a coal export facility in Africa. The firm export thermal coal portfolio to the Indian, Asian, SEA, Middle East and North African markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Listed since
- 7 Jun 2021
- Employees
- 4,446
- Website
- thungela.com ↗
Leadership
Pay as last reported
- Mr. Sango NtsalubaNon-Executive Independent Chairman of the BoardZAR 1.6m
- Mr. July NdlovuChief Executive Officer, Executive Director, since 2016ZAR 77.1m
- Mr. Gideon SmithChief Financial Officer, Executive Director, since 2017ZAR 40.3m
- Mr. Johan Van SchalkwykChief Operating OfficerZAR 9.3m
- Mr. Bernard DaltonExecutive Head - MarketingZAR 6.4m
- Mr. Leslie MartinExecutive Head - TechnicalZAR 7.4m
- Mr. Lesego MatabogeExecutive Head - Human ResourcesZAR 5.3m
- Ms. Mpumi SitholeExecutive Head - Corporate AffairsZAR 5.2m
- Ms. Carina VenterExecutive head: safety, health and environmentZAR 5.3m
- Ms. Altovise EllisCompany Secretary
- Mr. Seamus FrenchNon-Executive Independent DirectorZAR 1.1m
- Dr. Yoza JekwaNon-Executive Independent DirectorZAR 921,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 79
- Environment
- 99
- Social
- 99
- Governance
- 39
- Direct emissions (scope 1)
- 295,000 t
- Energy emissions (scope 2)
- 433,000 t
- Value chain emissions (scope 3)
- 32,033,000 t
- Women in the workforce
- 29%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Thungela Resources Ltd has a strong market presence in the mining industry, leading to a competitive advantage.
- The company has a diverse range of high-quality coal reserves, ensuring a stable supply and potential for future growth.
- Thungela Resources Ltd has a skilled and experienced workforce, contributing to efficient operations and effective decision-making.
Weaknesses
- Thungela Resources Ltd is highly dependent on coal as its primary product, making it vulnerable to environmental regulations and shifts in energy demands.
- The company may face challenges in adapting to renewable energy trends, which could impact its long-term sustainability.
- Thungela Resources Ltd operates in a market with fluctuating coal prices, leading to potential revenue volatility.
Opportunities
- Thungela Resources Ltd can explore diversification options into renewable energy sources, capitalizing on the growing demand and reducing reliance on coal.
- The company can further expand its international presence by tapping into emerging markets with increasing energy needs.
- Thungela Resources Ltd has the opportunity to invest in advanced technologies and processes to enhance mining efficiency and reduce environmental impact.
Threats
- Thungela Resources Ltd faces potential regulatory changes aiming to reduce greenhouse gas emissions, which could negatively impact the coal industry.
- The company is exposed to geopolitical risks, including trade restrictions and political instability in countries where it operates.
- Thungela Resources Ltd may encounter stiff competition from other energy sources, such as natural gas and renewable energy, which could affect market demand for coal.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.