3Q11
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Rio de Janeiro, November 7, 2011 – MMX Mineração e Metálicos S.A. (Bovespa: MMXM3) releases its results for the third quarter of 2011.
Highlights

  • Record quarterly sales: 2.1 million tonnes of iron ore

  • Preliminary license obtained for Serra Azul Unit expansion

  • Purchase of equipment with long lead times for the new processing plant at the Serra Azul Unit, including rotary crushers and SAG and vertical ball mills

  • Contract with CNEC WorleyParsons for engineering, procurement and implementation management services for the Serra Azul Unit expansion

  • Contract with MPX for 200 MW average power supply to the Serra Azul Unit

  • Certification of 3.1 billion tonnes of mineral resources by SRK

  • Conclusion of drilling of Sudeste Superport tunnel

  • Filing of EIA/RIMAreports for the 100 million tonnes per year Sudeste Superport expansion

  • Acquisition of 99.1% of PortX free float shares 
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