Anglo American Advances Thermal Coal Exit With Spin Off of South African Operations (ESG Today)

… Anglo American … its thermal coal operations in South Africa ... transition out of thermal coal … the highest carbon emitting source of energy in the global fuel mix ... nearly 40% of the world’s energy supply … separation ... through the transferring ... to a new holding company, Thungela Resources Limited, demerging Thungela to Anglo American shareholders, and listing Thungela shares on the Johannesburg Stock Exchange and the London Stock Exchange ... seek shareholder approval for the transaction at its May 5 AGM ...