Terracom pays off dragline, CHPP

TERRACOM has fully repaid the $3.3 million in owed on the Blair Athol dragline and coal handling and preparation plants.

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Terracom pays off dragline, CHPP Terracom pays off dragline, CHPP Terracom pays off dragline, CHPP Terracom pays off dragline, CHPP Terracom pays off dragline, CHPP

TerraCom's Blair Athol mine in Queensland.

Terracom chairman Wal King said this was a further integral step in changing the security structure, which was a key precursor to finalising the company's debt restructure.