TerraCom (ASX: TER) is a new miner with a large portfolio of projects in the prime coal bearing regions of Mongolia, Central Asia and Queensland, Australia.
TerraCom’s subsidiary in Mongolia, Terra Energy, has 2 projects located in the coal bearing regions of the South Gobi and Middle Gobi. Production at the Baruun Noyon Uul (BNU) coking coal mine in the South Gobi Mongolia successfully restarted in late 2014.
In Queensland, the Company’s assets cover an estimated 18,000 km2 across the coal bearing Bowen, Galilee and Maryborough Basins. The tenements are strategically positioned close to existing rail and port infrastructure.
TerraCom has a resources profile under management across all projects of 2.522Bt and is diversified in terms of its exploration targets, which range from hard coking, thermal and PCI coals for both the domestic and export markets.
The Company is driven by a highly experienced board and senior management team that is moving quickly to develop its high priority coal deposits in both Mongolia and Australia.
TerraCom is committed to:
- working cooperatively within the communities where it operates
- creating jobs for local people
- supporting local businesses and contractors
- helping to improve local services and infrastructure wherever possible.
Blair Athol Mine Access Road, Clermont Qld 4721 | PO Box 31, Clermont Qld 4721
T 07 4983 2038