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Terracom pays off dragline, CHPP

Since July 1 the company has reduced the face value of its debt by about 12.9%.

Lou Caruana
TerraCom's Blair Athol mine in Queensland.

TerraCom's Blair Athol mine in Queensland.

Terracom chairman Wal King said this was a further integral step in changing the security structure, which was a key precursor to finalising the company's debt restructure.   "The continual repayment...

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