TerraCom (ASX:TER) is a mining resources company based in Australia, operating in both Australia and South Africa. The company focuses on producing high-quality thermal coal and maintaining a strong global presence. TerraCom is committed to environmental, social, and governance standards and seeks to optimize its asset portfolio to provide value to investors.
TerraCom is reinforcing its operations with a focus on maintaining cost efficiency and leveraging demand in key markets like Japan, Korea, and India. They aim to divest South African operations for economic returns and are keen on expanding the Moorlands Project. TerraCom is committed to enhancing shareholder value through strategic investments and maintaining operational excellence, all while adhering to their sustainability goals.
The company has demonstrated consistent operational performance and aims to maintain FY2025 sales guidance of 1.8Mt.