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Iron Ore Mine for Sale in Corumba, Mato Grosso do Sul, Brazil

$100.000.000

“This Iron Ore Mine for Sale in Corumba, Mato Grosso do Sul, Brazil announced its financial and operating results for the third quarter of 2010. Highlights include: the production of 1.9 million tons of iron ore in 3Q10 which was a new record and up 26% in comparison with 3Q09.
August 12, 2010
MMX Mineração e Metálicos S.A. announced its financial and operating results for the second quarter of 2010. Highlights include: the Company produced 1.8 million tons of iron ore, in line with the previous quarter and 45% above 2Q09, with a special mention for the Sudeste System which produced 491,161 tons more than in 2Q09.
May 13, 2010
MMX Mineracao E Metalicos S.A. announced its income statements and operational information for the first quarter of 2010. Highlights include: the company produced 1.8 million tons of iron ore in the quarter, a 6 % increase over the previous quarter, and 165% above 1Q09.
June 23, 2009
MMX Mineração e Metálicos announced an agreement with Vetorial Siderurgia establishing the main terms and conditions for the sale of the pig iron plant, located in the Municipality of Corumbá, Brazil. Vetorial will pay R$ 100 million for the Asset, of which 84% will be paid up front, upon execution of the purchase agreement. The Agreement establishes a 60 day exclusivity period in favor of Vetorial.”

Details

Property Type Mine
Mine Type Iron Ore
Price $100.000.000

Map

Iron Ore Mine for Sale in Corumba, Mato Grosso do Sul, Brazil

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