New coal financial investment might be running out as the globe looks for greener power, however, for miners like South Africa’s Thungela Resources that can be an advantage if Asia’s ferocious cravings maintains rates bouyant, its chief executive officer claimed on Friday.
Given that its demerger from Anglo American in 2021, South Africa’s Thungela has actually gone after a technique 100% hitched to coal, also while some financiers steer clear of the black things as an obligation in a globe under stress to decarbonise.
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