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Fortress Minerals enters two new agreements to deliver 1.2 wet metric tonnes to a Malaysian steel mill

Nicole Lim
Nicole Lim • 1 min read
Fortress Minerals enters two new agreements to deliver 1.2 wet metric tonnes to a Malaysian steel mill
Ivan Chee, CEO of Fortress Minerals / Photo: Fortress Minerals
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Fortress Minerals has entered two new 24-months offtake agreements with an independent third-party domestic steel mill in Malaysia through its subsidiary Fortress Resources.

An offtake agreement is a contract between a producer and a buyer to purchase a specific amount of future goods or services from a producer's upcoming project or production over a defined period and at agreed-upon terms.

Fortress Resources has agreed to deliver to the domestic steel mill in aggregate about 1.2 million wet metric tonnes (WMT) from Sept 1, 2025 to Aug 31, 2027.

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