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FortressMinerals

0.205
-0.005-2.38%
Volume:90.10K
Turnover:18.47K
Market Cap:107.28M
PE:12.90
High:0.210
Open:0.210
Low:0.205
Close:0.210
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Company Profile

Company Name:
FortressMinerals
Exchange:
SGX
Establishment Date:
2017
Employees:
496
Office Location:
9-1, Jalan PJS 8/18,Dataran Mentari,Petaling Jaya,Selangor,Malaysia
Zip Code:
46150
Fax:
60 3 7800 0115
Introduction:
Fortress Minerals Limited is a Malaysia-based investment holding company. The Company operates through two segments: Iron ore and Others. The Iron ore segment is engaged in the exploration, mining, production, and sale of iron ore. The Others segment is engaged in the remaining minor trading and investment holding activities. The Company is principally in the business of exploration, mining, production, and sale of iron ore concentrate. It produces magnetite iron ore concentrate with Tetrafluoroethylene (TFe) grade of 65.0% and above, mined from the East, Valley, and West Deposits in its Bukit Besi Mine, and sell its iron ore concentrate primarily to steel mills and trading companies in the PRC and Malaysia. The principal activities of the Company, through its subsidiaries include acquisition of mines, mining rights, metalliferous land, quarries, and trading in minerals, transport of iron ore and minerals, payroll, corporate services, and others.