Fortress Minerals signs 12-month offtake deal to supply 180,000 WMT to Malaysian steel mill

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  • Fortress Minerals subsidiary Fortress Resources signed a 12-month offtake agreement with a domestic steel mill in Malaysia.
  • Contract covers delivery of about 180,000 wet metric tonnes from April 1, 2026 to March 31, 2027, with volume variance of +/-20% at Fortress Resources’ option.
  • Pricing will follow a formula guided by average daily Platts 65% Fe CFR North China, adjusted for iron content per shipment.
  • Deal is expected to lift earnings per share in fiscal year ending Feb. 28, 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortress Minerals Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 826SRDCPYE8ILRJU) on April 01, 2026, and is solely responsible for the information contained therein.

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