4Q10
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MMX Mineração e Metálicos S.A. (Bovespa: MMXM3) releases its results for the fourth quarter of 2010.
Highlights

• First positive annual Ebitda of R$120.6 million

• Annual net profit of R$ 46.6 million

• Record production volumes: 7.7 million tons of iron ore in the year with 2.1 million tons in the quarter

• Record sales volumes: 7.2 million tons of iron ore in the year with 2.1 million tons in the quarter

• Record quarterly Ebitda of R$ 71.8 million

• Capital increase of R$ 1.2 billion and entry of Korean company SK Networks as important shareholder in MMX

• Adoption of IFRS international reporting standard
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