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2021-07-18

$OAJ - Fortress minerals doing well, keep on watch list 

Fortress Minerals saw record revenue of US$17.3 million for the first quarter ended May 31, nearly one-and-a-half times the US$7.1 million figure for the year-ago period. Net profit more than tripled to US$7.2 million, up from US$2.2 million in the year-ago period. The Malaysian producer and exporter of iron ore concentrate attributed its results to increased sales volume and strong iron ore prices

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