Incorporated in Singapore
Fortune Bay Resources positioned itself as an international trading firm engaged in energy and bulk commodity trading.
Iron Ore Desk Set-up
In addition to the development of coal, timbre and metal business, Fortune Bay Resources set up the Iron Ore desk to diversify its products.
Fortune Bay Resources qualified as a member of the GTP enterprise in April and enjoyed relevant tax incentives and local development support.
With the company’s rapid development, Fortune Bay Resources achieved an impressive increase in trading commodities.
Despite the turbulent market environment and financial tightening policies, Fortune Bay Resources still managed to achieve a sustained 30% growth in 2020.