You are following the Australian news. Try doing a deep search...

You are following the Australian news. Try doing a deep search into Chile newspapers/media, you will see there are a plethora of contracts being awarded to our three cement companies and pushing our footprint. We have had sales over one million + and Iron ore mining is well advanced as well.

Iron Ore Sales Surge: At the Yerbas Buenas project in Chile, FHS reported an 84% quarter-on-quarter increase in iron ore sales, reaching A$470,000 in the June quarter alone. This growth was driven by the commissioning of a second processing plant and increased delivery volumes.

Aggregate Business Gains Traction: FHS has formally launched a second revenue stream through the sale of aggregate waste rock, supplying Chile’s booming construction sector. Even conservative estimates suggest this could generate USD $400,000–600,000 annually, with potential for much more as infrastructure contracts scale.

Major Cement Supply Contract: In a strategic pivot, FHS secured a four-year supply contract with Chile’s largest cement company, Melón, to provide construction materials for a US$271 million government-funded hospital project in La Serena. The first order alone was valued at A$205,000, with monthly purchase orders expected to follow.

Magnetite Mining Reboot: While magnetite operations are temporarily paused to prioritize high-revenue construction material supply, FHS has already begun groundwork to re-establish magnetite mining, with bulk samples under assessment.

This is no longer a speculative explorer, it’s a multi-channel revenue generator with real contracts, real cash flow, and a growing reputation as a trusted supplier in Chile’s infrastructure boom.