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TerraCom Limited ( (AU:TER) ) has shared an update.
TerraCom Limited has revised its FY25 sales guidance for the Blair Athol coal mine to 1.52 million tonnes, down from 1.6 million tonnes, due to adjustments in the production schedule. The company is finalizing its FY26 production and sales strategy, focusing on an optimized production schedule and cost reduction initiatives to maintain competitiveness amidst coal price volatility. These strategic decisions aim to strengthen TerraCom’s position in a challenging economic environment, ensuring value delivery for shareholders, customers, and communities.
More about TerraCom Limited
TerraCom Limited (ASX:TER) is an Australian-based mining resources company with a global footprint, comprising a large portfolio of operating assets in Australia and South Africa within the coal sectors. The company is known as a low-cost producer focused on delivering exceptional outcomes from its high-yielding diversified asset portfolio for its investors.
Average Trading Volume: 2,823,039
Technical Sentiment Signal: Sell
Current Market Cap: A$48.06M
For a thorough assessment of TER stock, go to TipRanks’ Stock Analysis page.