Skip to main content

TerraCom acquires Blair Athol Coal Mine

Published by
World Coal,

TerraCom Ltd has announced that the company is to acquire Blair Athol Coal Mine in Queensland, Australia. The acquisition price is AUS$1 and TerraCom will receive AUS$80 million from the Blair Athol Coal joint venture to meet the mine’s rehabilitation liability. The acquisition comprises mining leases, licences, land, contracts and all mining equipment.

The company plans to start 50 ha. of site rehabilitation with a production rate of approximately 2 million tpy of coal expected.

Edited from press release by

Read the article online at:

You might also like

Bens Creek provides underground mining update

Bens Creek Group plc, the owner of a metallurgical coal mine in North America supplying the steel industry, has commenced underground mining for the production of High Vol A coal.


Embed article link: (copy the HTML code below):