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Fortress Minerals
27-03-2019, 10:24 AM.
Post: #1
Fortress Minerals
Fortress Minerals Limited is a Malaysia-based high grade iron ore concentrate producer. The Group's principal business activities include exploration, mining, production and sale of iron ore concentrate. At present, Fortress Minerals Limited produces magnetite iron ore concentrate with TFe grade of 65.0% and above, mined from the East, Valley and West Deposits in the Bukit Besi Mine in Terengganu, Malaysia. The iron ore concentrate produced by the Group is primarily sold to steel mills and trading companies in the People's Republic of China and Malaysia.

Fortress Minerals Limited is  the first pure-play iron ore mining company on SGX, it opened at S$0.22 today. 

With a market capitalisation of about S$115 million, the listing of Fortress Minerals Limited brings the total number of companies listed on Catalist to 218, with a combined market capitalisation of about S$10 billion.

More details in https://links.sgx.com/FileOpen/20190327_...eID=548725
Specuvestor: Asset - Business - Structure.

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