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TerraCom Limited (ASX:TER)

ALERT: Price-sensitive ASX Announcement for TER
Current share price for TER : $0.064 -0.022 (-25.58%)+
Announcement
Release
17 Nov 2025 8:26AM
Price at Release
$0.086
Full Release
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Summary
TerraCom Limited announced that due to ongoing rail and supply chain constraints, the delivery of coal from their Blair Athol Mine to the Dalrymple Bay Coal Terminal will be delayed in the December 2025 quarter, affecting shipment schedules and revenue receipt. Although mining operations at Blair Athol are unaffected, the constraints are expected to increase supply chain costs and reduce shipment volumes, leading to potential revenue and cashflow challenges. TerraCom is taking measures to manage near-term liquidity, including prepayment arrangements and working capital funding. Despite these delays, TerraCom states that the operational performance of Blair Athol remains robust, and the long-term market outlook for thermal coal is positive. The extent of the delays is being closely monitored as part of their cashflow and liquidity management framework.
Key Points
  • TerraCom Limited anticipates coal shipment delays for the December 2025 quarter due to rail and supply chain constraints.
  • The Blair Athol Mine remains fully operational but logistics constraints might increase supply chain costs.
  • Two shipments have already sailed, but significant coal stocks remain on-site and at the port.
  • Reduced logistics availability is expected to lead to lower coal shipments and revenues for the quarter.
  • The company is implementing initiatives to manage liquidity, such as prepayment arrangements and working capital funding options.
  • TerraCom assures stakeholders that operational performance and market outlook remain strong.
  • The situation is being closely monitored within TerraCom’s cashflow and liquidity management framework.
  • The announcement was approved by the TerraCom Board for release.
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.