Fortress Minerals Limited · SGX:OAJ
Fortress Minerals — 1Q FY2026 Earnings Presentation
22 slides from Fortress Minerals's earnings presentation, 2025
Slide 1: Fortress Minerals Limited Results Presentation 1Q FY2026
Fortress Minerals Limited Results Presentation 1Q FY2026 Malaysia - Singapore
Slide 2: Important Notice
IMPORTANT NOTICE: This presentation does not constitute or form any part of any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any securities in Fortress Minerals Limited (“Fortress Minerals” or the “Group”) in Singapore or any other jurisdiction nor shall i
Slide 3: Fortress Overview
01 Fortress Overview
Slide 4: Management team
Management team Talents responsible for the stewardship and long-term sustainable success of the Group Dato’ Sri Ivan Chee Ng Mun Fey Fionne Chua • Responsible for the overall • Responsible for the overall • Responsible for all finance management and operations of management and day-to-day and accou
Slide 5: Fortress at a glance
Fortress at a glance Bukit Besi, We employ over Our Location Terengganu We are a 1ST (Mining site 1) iron ore company listed producer and exporter of marketable and high-grade 500 employees and contractors Mengapur Sri Jaya, Pahang (Mining site 2) Petaling Jaya on Catalist Board of SGX-ST iron ore H
Slide 6: Our Purpose, Direction & Principles
Our Purpose, Direction & Principles Fortress is committed to our team’s safety and values of integrity, sustainability, empowerment, and prosperity. Our team drives the business to achieve our vision of excelling in mineral exploration through strategic insights and alliances, addressing regional cl
Slide 7: Corporate Developments
Corporate Developments FY2026 AWARDED BUKIT BESI MINING RIGHT • 13 years long-life mining rights expiring in the year 2033 FY2016 TWO NEW BALL MILLS AT BUKIT BESI STRATEGIC INVESTMENTS & • Two mining leases covered area of 526.2 ha • Two new ball mills commissioned in May 2024 EXPANSION PLAN • Name
Slide 8: Our Strategic Assets
02 Our Strategic Assets Mining Project Overview
Slide 9: At a glance: Producing assets of Fortress Minerals
At a glance: Producing assets of Fortress Minerals Bukit Besi, Terengganu (Mining site 1) Mengapur Sri Jaya, Pahang Bukit Besi Bukit Besi (renewable) (Mining site 2) Mining land of 526.20 hectare 13 years mining license granted till 2033 Mengapur Mengapur (renewable) Four Mining Leases by two subsid
Slide 10: Bukit Besi Mine Strategic location supported by good Infrastructure
Bukit Besi Mine Strategic location supported by good Infrastructure Daily trucking to Customers’ stockyards Bukit Besi Area 526.2 h Airport 1.5 hour Mobility Easy access to highways convenience Seamless transportation flows Domestic customers Proximity to customers’ stockyards Bukit Besi Kemaman Por
Slide 11: Bukit Besi Mineral Resource
Bukit Besi Mineral Resource A closer look RESOURCE SUMMARY: West, Valley and East Deposits (Bukit Besi) WAG ^ 44.36% In million tonnes Fe# 11.55 0.41 38.88% 0.29 Fe* 44.16% 45.90% Fe* 7.79 Fe* 45.34% 0.88 East (Inferred) Fe* 6.73 0.13 East (Indicated) Bukit Besi’s 5.77 0.66 8.89 5.41 0.16 Valley (In
Slide 12: Quick Snapshot & Introduction Mengapur
Quick Snapshot & Mengapur Introduction Mineral Resource Type and Estimate Other minerals If encountered, will be stockpiled for future processing Mengapur Gold Larger & Ready for development Primary focus: Copper Magnetite iron ore 35.89 Bk Besi – 526.2ha 2.10 Million Tonnes (Inferred & Indicated) S
Slide 13: Operational Updates
03 Operational Updates
Slide 14: Operational updates
Operational updates Bukit Besi • The Group continues to grow its production capabilities at its first mine at Bukit Besi. • The construction of a new crushing plant was successfully completed as scheduled in 1Q FY2026. • To optimise operational efficiency, commissioning has been strategically aligne
Slide 15: Operational updates
Operational updates Telupid (Saga Mineral Sdn. Bhd.) & Tongod (Kencana Primary Sdn. Bhd.) FY2023 • At Telupid, exploration is currently in Phase 3 (Detail Mapping), involving trenching, pitting, and detailed sampling to assess mineral continuity. Work to date has indicated selective zones with coppe
Slide 16: Operational updates: strategic investment and expansion plans
Operational updates Strategic investment and expansion plans in 1Q FY2026 30 April 2025 – Participation in the rights issue of Norwest Minerals Limited (“NML”) • On 30 April 2025, the Group announced its subscription in the shares of NML, a company listed on the Australian Securities Exchange, arisi
Slide 17: Financial Results
04 Financial Results
Slide 18: Financial results for 1Q FY2026
Financial results for 1Q FY2026 Steady earnings supported by strategic growth efforts Financial Revenue Margin Earnings performance US$ 15.9 Million 50.8% US$ 4.0 Million Gross Revenue 62.9%^ Gross Profit Margin 22.1 ppt^ Underlying EBITDA 4.0%^ Balance sheet Operating cash flow Liquidity NAV (Group
Slide 19: Financial highlights
Revenue Financial highlights 56.3 Strategic growth efforts support firm operating revenue 28.2% of FY25 Financial metrics +62.9% US$’ million 1Q 1Q 1Q -26.2 % 15.9 FY2025 13.3 FY2024 FY2025 FY2026 9.8 1Q FY24 1Q FY25 1Q FY26 FY2025 Revenue NPAT and margin 13.3 9.8 15.9 56.3 20.0 30.0% 23.6% 269,615
Slide 20: Healthy gross profit margin
Healthy gross profit margin Driven by increased sales volume US$ million GROSS PROFIT (US$ Million) and GROSS PROFIT MARGIN (%) Stronger export Higher material usage Margin volumes and local in line with sales sales, driven by growth, reflecting a 72.9% 10.0 100 .0% resilient regional shift in cost
Slide 21: Financial performance A quick glance
Financial performance A quick glance 21
Slide 22: Thank You
THANK YOU Stay in touch with us Address 9-1, Jalan PJS 8/18, Dataran Mentari, 46150 Petaling Jaya, Selangor Darul Ehsan, Malaysia. Registered Office 77 Robinson Road #06-03, Robinson 77 Singapore 068896 Contact info Email: corporate@fortress.sg Website: www.fortress.sg Telephone Office phone: +603 7