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TerraCom Limited (ASX:TER)

ALERT: Price-sensitive ASX Announcement for TER
Current share price for TER : $0.068 0.004 (6.25%)+
Announcement
Release
30 Jun 2026 3:14PM
Price at Release
$0.064
Full Release
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Summary
TerraCom Limited announced a revision in their FY2026 coal sales from the Blair Athol Mine, with expected sales reduced to approximately 1.45 million tonnes due to a delay in a production blast leading to the deferral of the final coal shipment initially scheduled before 30 June 2026. This coal has been mined and stored, awaiting shipment in early July 2026, to be recognized in FY2027 sales. The company's plans for FY2027 remain unchanged and await Board approval.
Key Points
  • TerraCom Limited expects FY2026 coal sales to be approximately 1.45 million tonnes.
  • The revised sales estimate reflects the deferral of the final coal shipment originally scheduled before 30 June 2026.
  • A delay in a planned production blast resulted in insufficient coal being available to complete loading before the end of the financial year.
  • The coal for the deferred shipment has been mined and is held in inventory, expected to load in early July 2026 for FY2027 recognition.
  • FY2027 planning remains unchanged and is subject to Board approval.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.