Thungela Resources Limited is a South Africa-based thermal coal exporter. The Company owns interests in, and produces, its thermal coal from its mining operations. The Company operates through three segments: Opencast, Underground, and Services. Opencast Mining operations undertaken in an opencast mine where coal is extracted include the mining operations: Isibonelo, Khwezela, Mafube, Rietvlei. Its Underground Mining operations undertaken in an underground mine where coal is extracted include the mining operations: Zibulo, Greenside, Goedehoop. Services segment provides services to support the ongoing operations of the Company. The Company holds a 50% interest in Phola, which owns and operates the Phola Coal Processing Plant, and a 23% indirect interest in Richards Bay Coal Terminal (RBCT). It also holds an interest in the Ensham Coal Mine in Australia. The Company exports its thermal coal portfolio mainly to the Indian, Asian, SEA, Middle East and North African markets.
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