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TerraCom Raises $56M After Reporting $14.5M Half-Year Loss Amid Coal Price Slump
7:06pm on Friday 27th of February, 2026 AEDT
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Mining
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TerraCom Raises $56M After Reporting $14.5M Half-Year Loss Amid Coal Price Slump
7:06pm on Friday 27th of February, 2026 AEDT
Key Points
11% revenue decline to $98.6 million
EBITDA loss of $7.0 million versus prior profit
16% drop in coal production and 21% lower average prices
No dividends declared for the period
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