Thungela Establishes Export Marketing Function In Dubai
Thungela Establishes Export Marketing Function In Dubai. Thungela announced the successful registration of Thungela Marketing International (“TMI”) with the Dubai Multi Commodity Centre Authority (DMMCA) as of 15 December 2023.
The Dubai office will house the export marketing team, operating under Thungela Marketing International and this team will be responsible for overseeing a broad range of marketing functions, catering to both the South African and Australian assets.
July Ndlovu, CEO of Thungela said, “This is a key milestone towards fulfilling one of our strategic objectives – to create future diversification options. TMI gives us direct access to seaborne markets and helps us to strengthen relationships with our customers. Our presence in Dubai is testament of the steps we are taking to realise geographic diversification and becoming a key player in the international market.”
The expansion into Dubai underscores Thungela’s intention to stay attuned to the needs of customers and the global commodities market, deliberately positioning the Company as a coal producer with a global footprint.
Thungela was formed when the South African thermal coal operations demerged from Anglo American and listed on the JSE and LSE in June 2021. As a leading South African thermal coal exporter, the company is committed to driving the economy forward. It recognises society’s ongoing need and environmental expectations and believe that real change can only be realised when the intrinsic value of its employees, shareholders and host communities is recognised.