COMPANY ACTIVITY

TerraCom confident after Blair Athol acquisition

TERRACOM repositioned itself in 2015-16 and has repaired its balance sheet, enjoys the confidence of its financiers and has exciting growth prospects after purchasing the Blair Athol coal mine in Queensland for $1, or so the company says.

Lou Caruana
TerraCom confident after Blair Athol acquisition

The company completed last year’s strategic review initiatives and, in late June 2016, announced the successful restructure of $141 million of existing and soon-to-be-due debt facilities, its executive...

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