Thungela Resources forecasts exceeding 2024 coal production targets, aided by improved mine and rail efficiency.

Thungela Resources, a coal company, is on track to exceed its production targets for 2024, with export coal production expected to surpass initial forecasts due to improved mine productivity and rail performance in South Africa and Australia. In South Africa, increased rail efficiency and support from the private sector have played key roles, boosting export coal sales by 9% year-on-year. The company also reports a fatality-free period of 21 months and expects lower costs per tonne exported.

4 months ago
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