COAL
The Foreign Investment Review Board (FIRB) has approved ASX-listed TerraCom’s $1 purchase of the Blair Athol coal mine, in Queensland.
TerraCom, which has a majority of non-Australian investors, said on Thursday that the FIRB approval was an important milestone in the acquisition of the Blair Athol project, and added to the recently secured $12-million funding to support commissioning plans to deliver first coal sales in December.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access
