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TerraCom: Achieves sales revenue of $219 per tonne in December quarter | Fintech InShorts: Latest fintech news, analysis by experts

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TerraCom: Achieves sales revenue of $219 per tonne in December quarter

By Steve Sam

January 7, 2022

TerraCom Achieves sales revenue of $219 per tonne in December quarter

TerraCom (TER) provides a December coal sales update, with total equity sales of 342,000 tonnes across its operating assets in Australia and South Africa
Two shipments were sold from Blair Athol in Queensland with coal sales revenue of $213 per tonne achieved for December, a third shipment of 79,000 tonnes was forecast but was delayed
The company reported revenue of $219 a tonne, representing a 4 per cent increase on what was forecast
The company says Blair Athol remains on track to deliver coal sales for FY2022 of 2.3 million tonnes
Shares are trading 2.63 per cent higher at 19.5 cents each

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