Miner TerraCom says it will co-operate with the corporate watchdog, which is probing allegations that laboratory tests were manipulated to artificially boost results about coal quality.
The co-operation declaration came after TerraCom confirmed a report in The Australian Financial Reviewthat the Australian Securities and Investments Commission had raided its central Queensland mine on Monday.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au