Fortress Minerals Limited · SGX:OAJ
Fortress Minerals — FY2025 Earnings Presentation
23 slides from Fortress Minerals's earnings presentation, 2025
Slide 1: Fortress Minerals Limited Results Presentation 4Q FY2025
Fortress Minerals Limited Results Presentation 4Q FY2025 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 (Mining site 1) 1ST producer and exporter of marketable 500 employees and contractors Mengapur Sri Jaya, Pahang iron ore company listed and high-grade (Mining site 2) Petaling Jaya on Catalist Board of SGX-ST iron ore H
Slide 6: Fortress at a glance: core values and vision
Fortress at a glance 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 client demands, a
Slide 7: Corporate Developments
AWARDED BUKIT BESI MINING RIGHT • 13 years long-life mining rights expiring in the year 2033 Corporate Developments • Two mining leases covered area of 526.2 ha FY2025 COMPLETION OF JORC DRILLING CAMPAIGN • Completed JORC drilling campaign on East, Valley & West Deposits FY2016 • Construction of maj
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 Million Tonnes Bk Besi – 526.2ha 2.10 (Inferred & Indicated) S
Slide 13: At a glance: Exploration assets of Fortress Minerals
At a glance: Exploration assets of Fortress Minerals Telupid Project Company Name Saga Mineral Sdn. Bhd. Acquisition date 20-Sep-2022 Fortress Cu Sdn. Bhd. (65%) Shareholders Aston Solutions Sdn. Bhd. (35%) License period 15 December 2022 to 14 December 2024 (Pending Renewal) Type of Minerals Copper
Slide 14: Operational Updates
03 Operational Updates
Slide 15: Operational updates
Operational updates Bukit Besi • The Group continues to grow its production capabilities at its first mine at Bukit Besi. • The recent addition of two new ball mills synergises with the construction of a new crushing plant featuring efficient equipment integrated with advanced technology, strategica
Slide 16: Operational updates
Operational updates Telupid (Saga Mineral Sdn. Bhd.) FY2023 • Phase 1 (Reconnaissance Survey) and Phase 2 (Prospecting) completed. • Phase 3 (known as Detail Mapping) in progress, involving trenching and pitting, study of the vertical and lateral continuity mineralisation; results will allow for exp
Slide 17: Operational updates: four new offtake agreements
Operational updates Four new offtake agreements entered in FY2025 27 June 2024 – Two new 12-month offtake agreements • On 27 June 2024, the Group entered into two new 12-month offtake agreements with an independent third- party domestic steel mill in Malaysia. • The agreements involve approximately
Slide 18: Financial Results
04 Financial Results
Slide 19: Financial results for FY2025
Financial results for FY2025 Steady earnings supported by strategic growth efforts Financial Revenue Margin Earnings performance US$ 56.3 Million 59.0% US$ 16.0 Million Gross Revenue 4.3%^ Gross Profit Margin 2.7 ppt^ Underlying EBITDA 23.6%^ Balance sheet Operating cash flow Liquidity NAV (Group ba
Slide 20: Financial highlights
Financial highlights Revenue Strategic growth efforts support firm operating revenue 60.0 50.0 53.5 53.9 56.3 40.0 + 0.7 % + 4.5% 30.0 Financial metrics 20.0 US$’ million FY2023 FY2024 FY2025 10.0 - FY23 FY24 FY25 Revenue NPAT and margin 53.5 53.9 56.3 22.6% 18.6% 10.3% 269,615 20.0 50. 0% 0.0 % Gro
Slide 21: Healthy gross profit margin
Healthy gross profit margin Driven by increased sales volume GROSS PROFIT (US$ Million) and GROSS PROFIT MARGIN (%) Margin US$ million 50.0 100 .0% 70.5% 95. 0% 90. 0% 61.7% 59.0% 85. 0% 80. 0% 33.3 0.5 33.2 75. 0% 70. 0% 65. 0% 5.0 60. 0% 55. 0% 40.0 50. 0% 45. 0% 40. 0% 35. 0% 37.8 30. 0% 25. 0% 2
Slide 22: Financial performance A quick glance
Financial performance A quick glance 22
Slide 23: 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