TerraCom Achieves sales revenue of $219 per tonne in December quarter
- TerraCom (TER) provides a December coal sales update, with total equity sales of 342,000 tonnes across its operating assets in Australia and South Africa
- Two shipments were sold from Blair Athol in Queensland with coal sales revenue of $213 per tonne achieved for December, a third shipment of 79,000 tonnes was forecast but was delayed
- The company reported revenue of $219 a tonne, representing a 4 per cent increase on what was forecast
- The company says Blair Athol remains on track to deliver coal sales for FY2022 of 2.3 million tonnes
- Shares are trading 2.63 per cent higher at 19.5 cents each
