TER 2.17% 22.5¢ terracom limited

Ann: South African Business Operations Management Control, page-30

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  1. 12,843 Posts.
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    15 March 2021
    FIRST FULL SHIPMENT SAILS FROM SOUTH AFRICA
    TerraCom Limited (TerraCom or Company) is pleased to announce that the first ever
    full shipment of thermal coal from its South African operations has sailed. The tonnes
    were produced from the Company’s North Block Complex.
    The Company has been diligently working to increase the South African export
    quantities over the last few months and the sailing of the very first shipment is a
    significant milestone for the South African operations. During the COVID-19 pandemic
    the domestic demand for coal from our South African operations reduced which
    further necessitated a more diversified sales strategy that targeted a more aggressive
    mix of both export and domestic sales.

    Latest update from Mr Ransley himself , well worth a listen.a podcast...............posted by fws on 12/04/2021....

    that shows us they are shipping coal one ship per month from africa.


 
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