Terracom Limited

TerraCom Ltd is an ASX-listed resource developer and export thermal coal producer at the Queensland industry icon mine, Blair Athol. In June 2020, TER completed the 100% acquisition of ASX-listed and South African thermal coal producer, Universal Coal (UNV).

TER’s increased earnings resilience enables stronger debt servicing and an ability to re-finance debt to longer duration and at a lower cost. Along with free cash generation, the balance sheet can then support growth initiatives.
Read more .

TER has counter-cyclically placed itself in a position to improve efficiency and margins plus pursue organic mine growth. Cashflows will further swell once currently depressed coal prices rebound. These assets appear undervalued compared to our Base Case $0.27/share NPV valuation of TER. TER has upside on management’s record of delivering new projects from currently controlled development assets and/or by opportunistically securing acquisitions.

Company news


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...


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...

We help investors gain insights into your company through high quality research reports.

We provide a full suite of corporate access services.

Corporate Connect Research

79 Kent Street
Millers Point
Sydney NSW 2000

Email us

Contact us

2 + 14 =