Blair Athol produced and sold 2.2 million tonnes in the 2020-21 financial year.
Blair Athol continues to deliver superior operational results under its owner-operator model.
Average achieved coal pricing for Blair Athol during the March quarter was approximately $77/t.
An advisory team had been in South Africa since late March.
Executive deputy chairman Craig Ransley will become executive chairman.
Blair Athol mine is in the first quartile of seaborne export FOB operating costs per tonne.
Terracom is well positioned to achieve total annual coal sales of approximately 9.9Mt.
FOB costs are forecast to reduce by approximately 17% or $15 per tonne.
Terracom had a successful path to the further growth after the acquisition of the Universal Coal.
Blair Athol has achieved an annualised coal sales run rate of 2.45Mtpa for September quarter.
Since taking over the Blair Athol operations as owner operator Terracom has optimised production.
The company will be well placed to focus on progressing its growth strategy.