Coal Price Drives TerraCom’s Big June Quarter

TerraCom Limited (ASX:TER) Managing Director Danny McCarthy discusses highlights of the company’s June quarter results, the recent rains in Queensland, the mine life and run rate of the company’s key asset Blair Athol and the outlook for coal. TerraCom is...

Thermal Coal Surge Boosts TerraCom

The surging price of thermal coal across Asia saw TerraCom slip out a bullish update yesterday on its price expectations for its Blair Athol (BA) mine in Queensland which for years was owned by Rio Tinto. Due to a combination of factors thermal coal prices in Asia (as...

Tough Times Turning for TerraCom

After a difficult period late in 2020 that resulted in a worse-than-expected half-year loss, junior thermal coal producer TerraCom has returned to profitability at the EBITDA (earnings before interest, tax, depreciation and amortisation) level so far in 2021, and has...