SURFACE

Blair Athol TLO to provide payback in 3.5 months

THE newly-commissioned $9.9 million train load out facility at TerraCom’s Blair Athol coal mine in Queensland has a capital payback of approximately 3.5 months, according to the company’s March quarterly report.

 First train loading at Blair Athol's new train load out facility.

First train loading at Blair Athol's new train load out facility.

The company based the payback time on the $34 million per annum earnings increase it forecast the TLO would provide.   Practical completion of the TLO was achieved on April 2 and first train loading...

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