Fortress Minerals Ltd 2022 AR2
The report highlights Fortress Minerals Limited's performance and sustainability initiatives for the fiscal year ended February 28, 2022. Despite challenges from the COVID-19 pandemic and adverse weather, the company achieved a record average realised selling price for iron ore of US$121.27 per dry metric tonne, maintaining a high gross profit margin of 77.0%. Key milestones included the completion of the Fortress Mengapur acquisition, expanding the Group's exploration area and mineral resources. On the sustainability front, the company reported zero workplace fatalities, a 20.7% reduction in scheduled waste compared to the previous year, and maintained 100% usage of rainwater for its washing plant and ball mill.
Company: Fortress Minerals Ltd
Sector: Materials
Country: Malaysia
Year: 2022
Type: AR2
Pages: 174
Fortress Minerals Ltd
Annual Report
The report highlights Fortress Minerals Limited's performance and sustainability initiatives for the fiscal year ended February 28, 2022. Despite challenges from the COVID-19 pandemic and adverse weather, the company achieved a record average realised selling price for iron ore of US$121.27 per dry metric tonne, maintaining a high gross profit margin of 77.0%. Key milestones included the completion of the Fortress Mengapur acquisition, expanding the Group's exploration area and mineral resources. On the sustainability front, the company reported zero workplace fatalities, a 20.7% reduction in scheduled waste compared to the previous year, and maintained 100% usage of rainwater for its washing plant and ball mill.
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Document Details
Report Year
2022
Reporting Period
Mar 1, 2021 - Feb 28, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Women on Board
Women in Management
Workplace Fatalities
Employees