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Terracom seeking 4Mtpa of production

TERRACOM will direct its efforts over the next 12 months towards being a profitable miner producing more than 4.5 million tonnes of coal per annum, its chairman Wal King says.

Lou Caruana
TerraCom's Blair Athol mine in Queensland.

TerraCom's Blair Athol mine in Queensland.

He said, in Terracom's annual report, that the company would be addressing the structure of its balance sheet over the next several months and this would be possible as a consequence of the strong cash...

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