SURFACE

Terracom holds the line on earnings despite higher costs

TERRACOM has seen its full-year earnings drop only 1% despite its costs soaring 41%.

Terracom's Blair Athol mine in Queensland.

Terracom's Blair Athol mine in Queensland.

Earnings before interest, tax, depreciation and amortisation were $346 million for the 2022-23 financial year while costs were $303.2 million or $168.8 per tonne of coal sold. Annual revenue increased...

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