Thungela Resources Limited (LSE:TGA) has released its interim results for H1 2025, showcasing a robust balance sheet that allowed for shareholder returns even amid challenging market conditions. The company declared an interim cash dividend and initiated a share buyback, maintaining a disciplined approach to capital allocation. Production in South Africa increased, though revenue and profits were affected by softer coal prices and currency volatility. Strategic projects remain on track to support long-term sustainability, keeping the company aligned with its full-year guidance.
About Thungela Resources Limited
Thungela Resources Limited is a South African coal mining company focused on the production and export of thermal coal. The firm operates in a complex global environment, navigating geopolitical uncertainties and fluctuating commodity prices.
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