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.

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