Fortress Minerals reports 3QFY2025 earnings of US$0.7 mil, 70.1% lower y-o-y

For the 3QFY2025, revenue rose by 19.6% y-o-y to US$13 million due to higher volumes sold. During the period, sales volumes rose by 19.6% y-o-y to 138,878 dry metric tonnes (DMT) with an average realised selling price of US$93.88 per DMT, 0.5% higher y-o-y. The average unit cost during the three-month period also increased by 29.6% y-o-y to US$37.58 per wet metric tonne (WMT).