COAL
The Queensland government has completed the transfer of the Blair Athol mining lease to ASX-listed TerraCom subsidiary Orion Mining.
“The completion of transfer of the Blair Athol mining lease is not only great news for TerraCom, but is great news for the community of Claremont and the state of Queensland, with up to A$80-million in taxes and royalties to flow from the reopened mine operation and with the restart of rehabilitation activities,” said Orion chairperson Jim Soorley.
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