SURFACE

Blair Athol sells met coal shipment for US$300/t

COAL from Terracom’s Blair Athol mine in Queensland is fully sold until the end of July 2022 with one cargo for delivery in May locked in at a fixed price of US$300 per tonne.

 Blair Athol remains on track to sell approximately 600,000t in the March 2022 quarter.

Blair Athol remains on track to sell approximately 600,000t in the March 2022 quarter.

Blair Athol remains on track to sell approximately 600,000t in the March 2022 quarter.

"Coal prices and cash generation remains very strong," Terracom said.

From April to July 2022, Blair Athol is scheduled to deliver 10 cargoes equating to approximately 750,000t. 

Of these cargoes, nine are index linked, and one is contracted at a fixed price of US$300/t on a 5500 NAR basis. 

"Blair Athol remains on track for coal sales in the 2022 financial year of approximately 2.3 million tonnes," the company said.

 

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