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TerraCom Limited (ASX:TER)

ALERT: Price-sensitive ASX Announcement for TER
Current share price for TER : $0.066 -0.026 (-28.26%)+
Announcement
Release
30 Oct 2025 8:20AM
Price at Release
$0.092
Full Release
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Summary
TerraCom Limited reported a robust performance for the quarter ending September 2025, showcasing resilience across its Australian and South African operations. At Blair Athol, production and sales aligned with expectations, supported by prudent capital management. South African operations also achieved strong results, highlighting the capabilities of regional leadership. On the corporate front, TerraCom is enhancing its governance and financial frameworks, exemplified by the appointment of Jen Williams as CFO. The company is focused on cost management, ensuring sustainable returns for shareholders. Additionally, TerraCom is advancing its partnership for the Moorlands Project in Queensland and exploring growth opportunities internationally in supportive regulatory environments.
Key Points
  • Solid operational performance in both Australian and South African assets.
  • Blair Athol's production, cost, and sales outcomes were on plan.
  • Updated JORC Resource and Reserve statement for Blair Athol.
  • Strong South African operations performance, emphasizing leadership capabilities.
  • Jen Williams appointed as Chief Financial Officer and Company Secretary.
  • Focus on cost discipline, reliable production, and sustainable shareholder returns.
  • Progress on the Moorlands Project partnership with Wintime Energy Group.
  • Exploration of growth opportunities in supportive international jurisdictions.
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.