TerraCom Limited Reports Mixed Quarterly Performance
Company Announcements

TerraCom Limited Reports Mixed Quarterly Performance

TerraCom Limited (AU:TER) has released an update.

TerraCom Limited reported a mixed performance for the quarter ending September 2024, with notable achievements in Australia but challenges in South Africa. Blair Athol’s coal sales aligned with forecasts, achieving an overall price of A$149.5 per tonne, while South African operations faced logistics constraints leading to reduced export and domestic sales. Despite these hurdles, the company remains optimistic about future sales performance and announced a significant cooperation agreement with Wintime Energy Group.

For further insights into AU:TER stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskTerraCom Limited Showcases Global Mining Portfolio
TipRanks Australian Auto-Generated NewsdeskTerraCom Limited Announces Upcoming Dividend Distribution
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App