July Ndlovu, affectionately known in the business as the “Coal Evangelist,” will be retiring later this year, closing a remarkable chapter as CEO of Thungela Resources. His tenure, marked by bold decision-making and clear strategy, has left an indelible mark on the business and the mining sector at large.

Ndlovu began his career in the mining industry, rising through the ranks in various leadership roles across coal mining companies. His deep expertise and passion for the sector earned him the moniker “Coal Evangelist,” a testament to his unwavering advocacy for coal’s role in the global energy transition. In 2021, he was appointed CEO of Thungela Coal, leading the company through its high-profile listing and subsequent growth phase.

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Leadership through transition

Under Ndlovu’s leadership, Thungela navigated the complexities of a rapidly shifting global energy landscape. He steered the company through its bold demerger from Anglo American, shaping Thungela into a success story amid uncertainty and skepticism about coal’s future. Ndlovu’s leadership was defined by strategic clarity and resilience, as he consistently championed the value of coal, even as the world’s energy mix evolved.

Ndlovu’s conviction and purpose-driven approach delivered exceptional value not only to shareholders but also to the communities Thungela serves. His tenure saw the company allocate capital effectively, invest in growth, and return significant dividends to investors—all while maintaining a strong balance sheet and a clear sense of mission.

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Ndlovu’s impact extends beyond mere business achievements; it encompasses a narrative of tenacity, clear strategy, and steadfast dedication. Under his guidance, Thungela has established itself as a significant player in the international coal industry, backed by a robust and engaged shareholder community and a reputation for exceptional operational standards. The retirement of July Ndlovu signifies the conclusion of a notable chapter for Thungela, yet the principles and vision he has imparted will continue to influence the company’s direction for many years ahead.