Articles On Terracom (ASX:TER)

Australia’s biggest bank has upgraded its long-term iron ore and coking coal forecasts in response to Covid, Chinese commodity demand and Russia But high energy prices could drive investment in decarbonisation, clouding the outlook for the...

Ask A Fund Manager The Motley Fool chats with the best in the industry so that you can get an insight into how the professionals think. In this edition, Shaw and Partners senior investment advisor Adam Dawes gives us a trio of hot buy tips...

The future of ASX coal shares could be burning bright. This is despite their product falling out of favour with the majority of Australians. While environmentally-conscious investors have shunned the polluting sector, at least one fund man...

ShareCafeTerraCom: From debt to dividends   In the space of 18 months TerraCom (ASX: TER) has moved from a highly indebted coal company to one now with the potential to pay dividends. The remarkable turnaround in the coal price is drivin...

ShareCafeCoal Sector Aglow with Selling and Speculation So what happened to spook investors in listed coal stocks on Thursday? On the face of it there were two bits of news that could have been the cause of the sharp sell-off: a trading hal...

25 May 2022 - Three iron ore companies that have hit 52-week highs. A deep dive on the backdrop and why this could be the case, featuring TerraCom (ASX:TER), Stanmore Resources (AS…

China’s Covid Zero policy has seen analysts knock down economic forecasts Bad news for sentiment in steel and raw materials, with iron ore futures tumbling in afternoon trade Coal prices remain freaking high A precipitous slide in Asian i...

ShareCafeLunch Report: 24 May, 2022 by Melissa Darmawan   Australian technology giants tumbled after investors pressed the sell button on Snap’s missed earnings, sending the Nasdaq futures lower as concerns mount about the tech giant’s reli...

Carl Capolingua is one of Australia’s leading technical analysts. Admired for his unique style – reminiscent of the early days of Pink Floyd, before Syd Barrett went scooby-doo  – of price action-based trend tracking. Capo has been honing h...

20 May 2022 - A snapshot of the coal stocks on the ASX featuring, Whitehaven Coal (ASX:WHC), Yancoal Australia (ASX:YAN), and Terracom (ASX:TER).

WoodMac sees pathway for steel industry to reduce emissions 30% by 2050 Transition will require shift away from blast furnace to scrap-based electric arc furnace steelmaking Despite Chinese strong steel output in April, Commbank sees suppo...

TerraCom (TER) is working to finalise its prepayment facility in order to fully repay the Euroclear Bond The company has receipted a further US$10 million (A$14.4 million) for the prepayment facility, with the remaining US$30 million to be...

Iron ore miners have been looking fragile over the last week, clawing to hopes of a second half revival in the Chinese economy as the impact of its Covid lockdowns worsen. Prices remain relatively high compared to major producer margins, wi...

Stanmore has completed its ambitious US$1.2 billion ($1.7b) acquisition of BHP’s Poitrel and South Walker Creek coal mines Its founder Nick Jorss is aiming to repeat his success at new coal producer Bowen Coking Coal Jorss says steelmaking...

26 Apr 2022 - A snapshot of the stocks on the move featuring Whitehaven Coal (ASX:WHC) and Terracom (ASX:TER) with a deep dive on how Russia’s incursion in Ukraine has supercharged…

China’s steel output has shown signs of life, building throughout the first quarter of 2022 after collapsing to its slowest rate in four years in October and November 2021. That came despite widespread curbs on mill output due to the Winter...

BHP and Rio partner with shippers in green consortium while BHP Nickel West announces major renewable deal Rio reveals it paid US$13.3 billion in taxes and royalties in 2021 after profit boom, most of that in Oz Coal miners soar on news of...

Iron ore and coal to drive $425 billion windfall for resources exports in 2021-22 according to Canberra forecasters India removes tariffs on Aussie coal exports as part of free trade deal Coal prices start to normalise (kinda), with premiu...

ShareCafeCoal Prices Up, Debt Down Make it Payback Time for TerraCom In a relatively short period, Terracom has gone from headwinds to tailwinds based on three significant factors according to Corporate Connect analyst Richard Close in...

Australian companies are lining up to deliver new high grade iron ore mines in a bid to capture tailwinds from the need to reduce emissions across the sector. This week no less than three studies have been released by ASX-listed juniors, ta...

Highlights The benchmark ASX 200 index rose 0.08% to 7,264.9 in the first 15 minutes of trading today. On Thursday, major Wall Street indices continued their rally from the previous day. The energy sector was the top gainer in the mor...

TerraCom (TER) announces its Blair Athol coal mine in Clermont, Central Queensland, has been fully sold until the end of July 2022 Blair Athol remains on track to sell around 600,000 tonnes in the March 2022 quarter Between April to July 2...

Analysts tipping a major correction in the coal price by the end of 2022 have changed their tune after Russia’s war with Ukraine blew up the market. Prices have confounded belief, with tightness in the seaborne segment of the coal market bo...

The ASX Emerging Companies (XEC) is 1.1% higher on Thursday, while the boring old ASX200 (XJO) is 1.2% higher. Here’s my overnight summary – a brief cessation of hostilities; a momentary lapse of reason; and everyone just chilled for a seco...

Coal prices have bounded to new record highs on Russia’s invasion of Ukraine, extending the bonanza Australian based coal miners have enjoyed since the middle of last year. The stunning turnaround in metallurgical and thermal coal prices ha...

TerraCom (TER) has reported a further contribution to reduce its debt for the Euroclear bond facility The company paid an extra US$20.8 million (A$28.3 million) to bondholders in interest, fees and principle in February, reducing the princ...

Large cap mining and energy stocks ended a week of extraordinary gains and commodity price movements on a whimper as the Russian invasion of Ukraine kicked into another gear. Materials, the sector index largely populated by the ASX’s major...

For now, all roads for ASX shares still lead back to the Russia-Ukraine war. And today investors hit the risk-off button as the conflict still looks to be well and truly in the escalation phase. The five-day winning streak for ASX microcaps...

There were 0 producers in January’s Top 50 ASX resources stocks. In February there were 12, plus a handful looking to join their ranks by the end of the year. Why? Maybe reporting season underlined just how much money miners are making from...

Back before the last mining boom buying a tonne of iron ore was little more than a trip to the corner store, with the bulk commodity fetching prices in the range of US$30/t. When Chinese steel production and industrial growth began to overt...

In one of the big iron ore headline makers of the past month the WA Government has released its new plan for Port Hedland, the world’s largest iron ore export hub. The Pilbara Ports Authority has already pushed its export rate beyond the 49...

ShareCafeTerraCom’s Debt Repayment Well Ahead of Expectations Our research house Corporate Connect has today released an updated report on thermal coal producer TerraCom Limited (ASX: TER).  This research note explores the three areas that...

Iron ore is in familiar territory right now. Talked down by analysts who predict it is due for a dive, the headline Australian commodity has been defiant in 2022 so far. Despite the column inches expended on the rise in crude oil prices so...

The Pilbara iron ore miners are facing business pressures on a number of fronts, including the on again, off again story around the reopening of WA’s Covid border. The WA Government’s decision to delay its planned February 5 reopening inde...

The iron ore market does not offer the simple narrative that it did in the first two decades of the 21st century nor that of the suite of “green metals” like lithium, nickel and copper now hitched to electric vehicle sales and efforts to ma...

Thermal coal is also back on the up after Indonesia, one of the world’s largest exporters, introduced an export ban this week. While some analysts believe it will be short-lived, it is driving pressure on prices in the short term, with ener...

TerraCom (TER) provides a December coal sales update, with total equity sales of 342,000 tonnes across its operating assets in Australia and South Africa Two shipments were sold from Blair Athol in Queensland with coal sales revenue of $21...

Coal mining is hardly popular but governments around the world, most of whom have promised to work to reduce the impacts of climate change, can’t get enough of it. It may be getting harder to finance and gain approval for mining coal, the b...

Iron ore has been unpredictable in 2021 and it would be a brave person to make a hard and fast call on where it will end up in 2022. In fact, with the whims of the Chinese Communist Party and vagaries of its economy one of the major factors...

The topsy turvy data coming out of China’s steel sector continues to roll on after the world’s biggest steelmaker revealed iron ore imports hit a 13-month high in November despite sliding steel production. China’s appetite for iron ore roar...

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

Hancock Prospecting is making a big move into magnetite iron ore, this week inking an initial $9 million deal to farm into the Mt Bevan iron ore project owned by juniors Legacy Iron Ore (ASX:LCY) and Hawthorn Resources (ASX:HAW). It’s an in...

ShareCafe$1 Coal Acquisition Now the Jewel in TerraCom’s Crown In 2017, TerraCom (ASX: TER) bought the Blair Athol mine for a single dollar along with some environmental remediation obligations. It then acquired four operating mines in...

Westpac is the latest major financial institution to knock down its iron ore forecasts after prices dived below US$100/t again on a slowdown in steel production in China it describes as the largest since 2008. It revised its price forecasts...

If there was any doubt about the importance of grade in iron ore, check out the latest numbers from Mineral Resources (ASX:MIN). Chris Ellison’s miner suffered a 48% discount to average Platts 62% iron ore prices in the September Quarter. T...

The TerraCom Ltd (ASX: TER) share price is roaring higher during late morning trade on Monday. This comes after the resource company provided investors with a coal sales update from its wholly-owned Blair Athol mine. At the time of writing...

Just like yesterday the ASX rallied for most of the day but retreated in the afternoon and today closed in the red. The ASX 200 was down 0.08% at 7,375 points. Another difference from yesterday was tech was the best sector gaining 1.7% whil...

Lode hits ‘significant sulphides’ at Webbs Consol silver project Coal producer Terracom predicts $81m EBITDA for the December quarter Cannindah hits monster 282m @ 1.28% copper equivalent intersection at namesake project Here are the bigg...

The ASX saw a frenzy of M&A deals today and it sent the market higher. Companies completing deals included Ramelius Resources (ASX:RMS) buying Apollo Consolidated (ASX:AOP) and Class (ASX:CL1) being acquired by Hub24 (ASX:HUB) along wit...

Set against rumours of its demise, spot iron ore has remained stubbornly defiant, reminding investors again why forecasting is a fool’s errand by bouncing above US$135/t on Monday night. A broad consensus is forming around metals like coppe...