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MMX Mineração e Metálicos S.A. (Bovespa: MMXM3) releases its results for the first quarter of 2011

• Record sales and production volumes for a first quarter.

• Short-term debt reduced to R$ 277 million.

• Beginning of acceptance period for the Voluntary Tender Offer (VTO) for PortX shares by the non controlling shareholders.

• Signing of Definitive Contract for Port Operations and for Lease of Pau de Vinho Mine between MMX, LLX and Usiminas.

• Conversion to IFRS international reporting standard for quarterly results from 2010 and 2009.
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