Secures Offtake Agreement Over Blair Athol Coal –

TerraCom: Secures Offtake Agreement Over Blair Athol Coal –

TerraCom SecuresTakeover agreement Blair AtholCoal

  • TerraCom (TER) signs an offtake agreement with its long-term JapaneseTrading partner for the delivery its coal from its Blair Athol(BA) Operation in QLD
  • The The agreement allows for the delivery up to 1.25million tonnes of cargoes over 13 cargoes. August2022 August 2023
  • KeyThe agreement provides for one cargo per month over the 12-month period. Each cargo will contain between 67,000 and 88,000 tonnes. However, the tonnage determined by the offtake partner will determine the cargo’s weight.
  • TheThe globalCOAL will determine the pricing. Newcastle Index
  • SharesIn Terra Com The stock market is up 4.48 Percent, trading at 75.7 cents as of 1.00 PM AEST

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