Plunge in coal prices, along with rail troubles, brings Thungela back down to earth

The original article can be found here.

Article highlights:

  • Thungela’s half-year earnings are expected to dive as coal prices have fallen sharply even as SA’s rail problems persist.
  • The miner said trucking to alternative ports does not make sense at current prices.
  • The company is focusing on controlling what it can and enhancing its flexibility.