TerraCom Limited ( (AU:TER) ) just unveiled an update.
TerraCom Limited has revised its FY2025 sales guidance for the Blair Athol coal mine to 1.6Mt, down from 1.8Mt, due to severe weather impacts on production and logistics. Despite these challenges, the company remains confident in meeting coal sales targets for the June Quarter, aided by improved productivity from new equipment and ongoing cost management efforts. The company is also progressing with the Moorlands Project, with first coal expected in 2026.
More about TerraCom Limited
TerraCom Limited (ASX:TER) is an Australian-based mining resources company with a global presence, operating primarily in the coal sectors in Australia and South Africa. Known for its low-cost production, TerraCom focuses on delivering high-yield outcomes from its diversified asset portfolio for investors.
YTD Price Performance: -62.22%
Average Trading Volume: 1,741,347
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$54.47M
Learn more about TER stock on TipRanks’ Stock Analysis page.