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MMX Mineração e Metálicos S.A. (Bovespa: MMXM3) releases today its results for the second quarter of 2010. Financial and operating information are presented below on a consolidated basis in accordance with Brazilian GAAP in thousands of reais, except where indicated otherwise.
2Q10 Highlights

• First positive (adjusted) EBITDA

• Record quarterly sales of 1.834 million tons

• Record production in Sudeste System of 1,562 million tons

• Delivery in June the first iron ore shipment to WISCO of 162 thousand tons, consolidating our new partnership with the Chinese steel company, which now own 21.52% of MMX

• Approval of the capital increase in May. The company's share capital went from R$ 776,035,142. 27 to R$ 1,994,625,459.83, with a total of 472,973,346 shares outstanding.

• Start of construction of LLX's Sudeste Superport, paving the way for MMX’s planned expansion of the installed capacity to 34 million tons/year in the Sudeste System
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