Maria Eduarda
Phone: +55 21 2163-6197
Email: ri@mmx.com.br
Website: www.mmx.com.br
Address: Av. Ataulfo de Paiva, 204 - 10o andar - Leblon - Rio de Janeiro - RJ - Brazil - 22440-033
Thank you for your interest in MMX! Please let us know if you have any other questions.
This document provides an overview of MMX Mineração e Metálicos S.A.'s iron ore mining assets and expansion plans. MMX currently has two operating iron ore mining systems - Serra Azul and Corumbá - with a total capacity of 10.8 million tonnes per year. MMX plans to expand the Serra Azul system to
MMX is developing the Sudeste iron ore system in Brazil to supply iron ore to China and South Korea through long-term contracts. The system includes the Serra Azul mine, which is expanding production. MMX has integrated logistics for the system, including a long-term railway contract and the Sudeste Superport facility, which is being expanded to 100 Mtpy. MMX has over 1 billion tons of reserves at Serra Azul and aims to produce over 40 Mtpy across its integrated Brazilian operations.
The document provides an overview of MMX Mineração e Metálicos S.A. (MMX), a Brazilian iron ore mining company. It discusses MMX's mining assets in Brazil, including its Serra Azul and Corumbá systems. It highlights MMX's integrated logistics, including its long-term railway contract and Sudeste Superport. It also provides
This document provides an overview of MMX Mineração e Metálicos S.A., a Brazilian iron ore mining company. It discusses MMX's mining assets including the Serra Azul and Corumbá systems, with a current combined capacity of 10.8 Mtpy. It also describes MMX's Sudeste Superport facility under construction in Itaguaí, Brazil, which will provide logistics infrastructure and an outlet to seaborne iron ore markets. The document highlights MMX's growth plans to expand production capacity to around 40 Mtpy through its integrated mining and logistics systems in Brazil. It also notes that 59% of future production is already
The document discusses MMX's iron ore mining operations in Brazil, which include the Serra Azul and Corumbá systems. MMX aims to expand its production capacity to around 40 million tonnes per year through developing fully integrated mining, railway, and port facilities. Key assets include the Serra Azul mine, long-term railway contracts, and the Sudeste Superport, which provides access to international markets. MMX has secured long-term off-take agreements with Chinese and South Korean partners for over 60% of future production.
This document provides an overview of MMX Mineração e Metálicos S.A.'s iron ore supply projects in Brazil and Chile. It discusses MMX's Serra Azul iron ore mine expansion project in Brazil, which aims to produce 24 million tonnes per year of high-quality iron ore. It also details MMX's Sudeste Superport facility for exporting iron ore, with 50 million tonnes per year capacity expandable to 100 million tonnes. In addition, it mentions MMX's Bom Sucesso and Chile iron ore projects, which have the potential to supply 10 million tonnes per year each.
The document discusses MMX's plans to expand its iron ore production capacity in Brazil. MMX currently has two operating mining systems in Brazil with a production capacity of 10.8 million metric tons per year. MMX aims to expand beyond 40 million metric tons per year through its integrated mining systems and the Sudeste Superport. MMX has high quality mining assets in traditional iron ore districts of Brazil and key ingredients for a successful iron ore business including resource base, competitive production costs, guaranteed logistics through its private port and railway, and secured off-take agreements.
This document provides an overview of MMX Mineração e Metálicos S.A.'s iron ore mining assets and expansion plans. MMX currently has two operating iron ore mining systems - Serra Azul and Corumbá - with a total capacity of 10.8 million tonnes per year. MMX plans to expand the Serra Azul system to
MMX is developing the Sudeste iron ore system in Brazil to supply iron ore to China and South Korea through long-term contracts. The system includes the Serra Azul mine, which is expanding production. MMX has integrated logistics for the system, including a long-term railway contract and the Sudeste Superport facility, which is being expanded to 100 Mtpy. MMX has over 1 billion tons of reserves at Serra Azul and aims to produce over 40 Mtpy across its integrated Brazilian operations.
The document provides an overview of MMX Mineração e Metálicos S.A. (MMX), a Brazilian iron ore mining company. It discusses MMX's mining assets in Brazil, including its Serra Azul and Corumbá systems. It highlights MMX's integrated logistics, including its long-term railway contract and Sudeste Superport. It also provides
This document provides an overview of MMX Mineração e Metálicos S.A., a Brazilian iron ore mining company. It discusses MMX's mining assets including the Serra Azul and Corumbá systems, with a current combined capacity of 10.8 Mtpy. It also describes MMX's Sudeste Superport facility under construction in Itaguaí, Brazil, which will provide logistics infrastructure and an outlet to seaborne iron ore markets. The document highlights MMX's growth plans to expand production capacity to around 40 Mtpy through its integrated mining and logistics systems in Brazil. It also notes that 59% of future production is already
The document discusses MMX's iron ore mining operations in Brazil, which include the Serra Azul and Corumbá systems. MMX aims to expand its production capacity to around 40 million tonnes per year through developing fully integrated mining, railway, and port facilities. Key assets include the Serra Azul mine, long-term railway contracts, and the Sudeste Superport, which provides access to international markets. MMX has secured long-term off-take agreements with Chinese and South Korean partners for over 60% of future production.
This document provides an overview of MMX Mineração e Metálicos S.A.'s iron ore supply projects in Brazil and Chile. It discusses MMX's Serra Azul iron ore mine expansion project in Brazil, which aims to produce 24 million tonnes per year of high-quality iron ore. It also details MMX's Sudeste Superport facility for exporting iron ore, with 50 million tonnes per year capacity expandable to 100 million tonnes. In addition, it mentions MMX's Bom Sucesso and Chile iron ore projects, which have the potential to supply 10 million tonnes per year each.
The document discusses MMX's plans to expand its iron ore production capacity in Brazil. MMX currently has two operating mining systems in Brazil with a production capacity of 10.8 million metric tons per year. MMX aims to expand beyond 40 million metric tons per year through its integrated mining systems and the Sudeste Superport. MMX has high quality mining assets in traditional iron ore districts of Brazil and key ingredients for a successful iron ore business including resource base, competitive production costs, guaranteed logistics through its private port and railway, and secured off-take agreements.
The document provides an overview of MMX Mineração e Metálicos S.A. (MMX), a Brazilian iron ore mining company. MMX has two operating iron ore mining systems, Serra
The document provides an overview of MMX's iron ore projects in Brazil and Chile. It summarizes that MMX has unique iron ore assets including the Serra Azul unit in Brazil with over 1 billion tons of reserves and expansion potential. It also discusses MMX's integrated logistics network, including the Sudeste Superport which is being expanded to handle 50 Mtpy and has long-term off-take contracts with key shareholders Wisco and SK. The Chile project and Bom Sucesso unit in Brazil are also mentioned as projects that will supply high quality iron ore to international markets.
The document discusses MMX's integrated iron ore supply system in Brazil, including their Serra Azul mine expansion, railway contract with MRS, and Sudeste Superport. Key points are:
1) MMX is uniquely positioned with long-term contracts for iron ore supply to China and South Korea through their integrated mining, railway, and port assets.
2) Their Serra Azul mine expansion will leverage existing infrastructure to consolidate iron ore resources and increase production capacity.
3) MMX signed a long-term railway contract with MRS through 2026 to transport iron ore from the Serra Azul mine to their Sudeste Superport.
MMX is developing integrated iron ore projects in Brazil and Chile to supply the global seaborne iron ore market. Their key assets include the Serra Azul mine and expansion project in Brazil, the Sudeste Superport, and iron ore projects in Chile and Brazil. MMX has secured long-term offtake agreements for
MMX operates the Serra Azul iron ore mine in Brazil. The mine has access to infrastructure including the MRS railway and the Sudeste Superport, allowing for integrated logistics from mine to port. This logistics chain is key for the project's success. MMX has long-term contracts with off-takers China Steel Corporation and SK Networks for 64% of the mine's production over 20 years.
MMX is a Brazilian mining company that is developing iron ore projects in Brazil and Chile to supply the global seaborne iron ore market. The company's key assets include the Serra Azul project in Brazil, which is undergoing an expansion to increase production to 29 million tons per year. MMX is also developing the Sudeste
MMX operates iron ore mines and projects in Brazil. It has two operating systems - Serra Azul and Corumbá - with current annual capacity of 10.1 million tonnes. MMX is expanding its Serra Azul Unit, which is located near existing railway infrastructure. This allows for an integrated logistics chain from mine to port. MMX's private port, Sudeste Superport, has 50 million tonnes of annual shipping capacity and contracts for 64% of future production with strategic Chinese and South Korean partners through long-term off-take agreements.
Paula Pereira
Phone: +55 21 2163-6197
paula.pereira@mmx.com.br
Address: Av. Ataulfo de Paiva, 204, 10o andar, Leblon, Rio de Janeiro, RJ, Brazil 22440-033
Website: www.mmx.com.br
This presentation was prepared by MMX Mineração e Metálicos S.A. (“MMX”) for information purposes only. The information and opinions contained in this document have not been independently verified. Accordingly, no representation or warranty or undertaking (express or implied) is or will be made and no responsibility or liability is or will be accepted
1. MMX has high quality iron ore mining assets in Brazil and Chile, with existing production and projects to expand capacity to over 80 Mtpy.
2. Their flagship Sudeste System in Brazil includes the Serra Azul mine and processing plant with an expansion underway, as well as the Sudeste Superport private port capable of handling 50 Mtpy.
3. MMX also has the Bom Sucesso and Corumbá projects in Brazil, and an iron ore project in Chile
Paula Gomes
Phone: +55 21 2163-6197
paula.gomes@mmx.com.br
Address: Av. Ataulfo de Paiva, 204, 10o andar, Leblon, Rio de Janeiro, RJ, Brazil 22440-033
Website: www.mmx.com.br
NYSE: MMX
This presentation is neither an offer to sell (which can only be made pursuant to definitive offering documents) nor a solicitation of an offer to buy any securities in the United States, or any other jurisdiction. The securities referred to herein have not been registered in any jurisdiction, and in particular, will not be registered under
Mariana Moraes
Phone: +55 21 2163-6197
mariana.moraes@mmx.com.br
Address: Av. Ataulfo de Paiva, 204, 10o andar, Leblon, Rio de Janeiro, RJ, Brazil 22440-033
Website: www.mmx.com.br
NYSE: MMX
46
This document summarizes key details about MMX's iron ore projects in Brazil and Chile. [1] MMX has high quality mining assets in traditional iron ore districts in Brazil and Chile, with production committed through long-term contracts to Chinese and South Korean consumers. [2] Their key projects include the Serra Azul expansion in Brazil targeting 29Mtpy of production, as well as projects in Bom Sucesso and Chile targeting 10Mtpy each. [3] MMX has made significant progress executing their projects, including securing licenses, reserves, off-take agreements, and beginning construction.
The document discusses MMX's iron ore assets in Brazil and Chile. It outlines MMX's integrated logistics network for its Serra Azul iron ore mine in Brazil, including transportation via the MRS railway to MMX's Sudeste Superport, from which it has long-term contracts to supply iron ore to its shareholders and strategic consumers in China and South Korea. MMX has permits and infrastructure in place to expand production beyond 40 million tonnes per year between its Brazilian and Chilean assets.
MMX is developing the Serra Azul iron ore mine in Brazil. The mine has over 1 billion tons of reserves and will have an initial production capacity of 10 million tons per year. MMX has secured long-term railway contracts and port access to transport the iron ore. They also have long-term off-take agreements in place with strategic customers like Wisco and SK to purchase over 50% of the mine's planned production capacity. This integrated logistics chain from mine to port is key for the successful operation of the project.
The document provides an overview of MMX Mineração e Metálicos S.A. (MMX), a Brazilian mining company focused on iron ore production. It summarizes MMX's key mining assets in Brazil and Chile, which include the Serra Azul, Bom Sucesso, Corumbá, and Chile systems. The document
MMX is developing the Serra Azul iron ore mine in Brazil. It has integrated logistics, including a railway connection to transport ore from the mine to the Sudeste Superport. The Superport has capacity for 50 million tonnes per year of iron ore shipping. MMX has long-term contracts in place with offtakers China Wisco and South Korea SK to purchase a majority of Serra Azul's production for 20 years.
Royal Dutch Shell reported financial results for the first quarter of 2009. Earnings were $3 billion, down from $7.9 billion in the first quarter of 2008 due to lower oil and gas prices and weak energy demand. Cash flow from operations was $7.6 billion. Production was 3.1 million barrels of oil equivalent per day. The company maintained its dividend, which was increased 5% from the first quarter of 2008. Shell adopted a prudent financial approach to weather the economic downturn by maintaining investment while ensuring financial flexibility.
This document provides the third quarter 2008 results presentation from Royal Dutch Shell. It discusses Shell's financial highlights for Q3 2008 including earnings of $8.8 billion and EPS growth of 47% year-over-year. It also provides an update on Shell's portfolio progress through new acquisitions in Canada that added over 1 billion boe of tight gas resources, and asset sales as part of its ongoing strategy. Key projects that started up or are planned to start up between 2008-2011 are also listed.
The document provides MMX's 2011 results. It highlights that MMX achieved record annual net revenues and EBITDA in 2011. Net revenues increased 43% to R$1 billion while adjusted EBITDA grew 33% to R$239.6 million. Sales volume also increased 8% to 7.7 million tons. The document also provides details on MMX's debt profile, gross margin, Sudeste Superport expansion project, and equipment.
The document provides an overview of how electricity market restructuring has impacted the Texas market. It discusses how restructuring led to billions of dollars in investment in new efficient natural gas power plants, increasing generation capacity by over 25 GW. This brought average wholesale power prices down significantly from $80/MWh to $45/MWh while also improving the efficiency of the generation fleet as reflected by lower system-wide heat rates. The changes created a more competitive market structure with over 50 retail electricity providers while also improving reliability.
MMX presented an overview of its integrated iron ore mining and processing systems in Brazil. Highlights include three projects located in different regions of Brazil that will produce iron ore fines, pellets, pig iron, and semi-finished steel products. The presentation also discussed MMX's logistics subsidiary LLX Logística and its port, as well as providing timelines and updates on the progress of each mining project. MMX aims to be a vertically integrated producer of high-value added iron ore and steel products.
MMX is a Brazilian mining company that presented its corporate structure and business plan update in November 2008. The presentation outlined MMX's iron ore production ramp-up plans for its Corumbá and Sudeste Systems to reach a total capacity of 40 million metric tons per year by 2013. For its Sudeste System, MMX discussed plans to expand its mines and beneficiation plants in multiple phases to achieve the targeted capacity through open-pit mining and investments of over $1 billion. MMX also provided updates on its pig iron production and forestry programs in Corumbá to become self-sufficient in charcoal production by 2017.
The document provides an overview of MMX Mineração e Metálicos S.A. (MMX), a Brazilian iron ore mining company. MMX has two operating iron ore mining systems, Serra
The document provides an overview of MMX's iron ore projects in Brazil and Chile. It summarizes that MMX has unique iron ore assets including the Serra Azul unit in Brazil with over 1 billion tons of reserves and expansion potential. It also discusses MMX's integrated logistics network, including the Sudeste Superport which is being expanded to handle 50 Mtpy and has long-term off-take contracts with key shareholders Wisco and SK. The Chile project and Bom Sucesso unit in Brazil are also mentioned as projects that will supply high quality iron ore to international markets.
The document discusses MMX's integrated iron ore supply system in Brazil, including their Serra Azul mine expansion, railway contract with MRS, and Sudeste Superport. Key points are:
1) MMX is uniquely positioned with long-term contracts for iron ore supply to China and South Korea through their integrated mining, railway, and port assets.
2) Their Serra Azul mine expansion will leverage existing infrastructure to consolidate iron ore resources and increase production capacity.
3) MMX signed a long-term railway contract with MRS through 2026 to transport iron ore from the Serra Azul mine to their Sudeste Superport.
MMX is developing integrated iron ore projects in Brazil and Chile to supply the global seaborne iron ore market. Their key assets include the Serra Azul mine and expansion project in Brazil, the Sudeste Superport, and iron ore projects in Chile and Brazil. MMX has secured long-term offtake agreements for
MMX operates the Serra Azul iron ore mine in Brazil. The mine has access to infrastructure including the MRS railway and the Sudeste Superport, allowing for integrated logistics from mine to port. This logistics chain is key for the project's success. MMX has long-term contracts with off-takers China Steel Corporation and SK Networks for 64% of the mine's production over 20 years.
MMX is a Brazilian mining company that is developing iron ore projects in Brazil and Chile to supply the global seaborne iron ore market. The company's key assets include the Serra Azul project in Brazil, which is undergoing an expansion to increase production to 29 million tons per year. MMX is also developing the Sudeste
MMX operates iron ore mines and projects in Brazil. It has two operating systems - Serra Azul and Corumbá - with current annual capacity of 10.1 million tonnes. MMX is expanding its Serra Azul Unit, which is located near existing railway infrastructure. This allows for an integrated logistics chain from mine to port. MMX's private port, Sudeste Superport, has 50 million tonnes of annual shipping capacity and contracts for 64% of future production with strategic Chinese and South Korean partners through long-term off-take agreements.
Paula Pereira
Phone: +55 21 2163-6197
paula.pereira@mmx.com.br
Address: Av. Ataulfo de Paiva, 204, 10o andar, Leblon, Rio de Janeiro, RJ, Brazil 22440-033
Website: www.mmx.com.br
This presentation was prepared by MMX Mineração e Metálicos S.A. (“MMX”) for information purposes only. The information and opinions contained in this document have not been independently verified. Accordingly, no representation or warranty or undertaking (express or implied) is or will be made and no responsibility or liability is or will be accepted
1. MMX has high quality iron ore mining assets in Brazil and Chile, with existing production and projects to expand capacity to over 80 Mtpy.
2. Their flagship Sudeste System in Brazil includes the Serra Azul mine and processing plant with an expansion underway, as well as the Sudeste Superport private port capable of handling 50 Mtpy.
3. MMX also has the Bom Sucesso and Corumbá projects in Brazil, and an iron ore project in Chile
Paula Gomes
Phone: +55 21 2163-6197
paula.gomes@mmx.com.br
Address: Av. Ataulfo de Paiva, 204, 10o andar, Leblon, Rio de Janeiro, RJ, Brazil 22440-033
Website: www.mmx.com.br
NYSE: MMX
This presentation is neither an offer to sell (which can only be made pursuant to definitive offering documents) nor a solicitation of an offer to buy any securities in the United States, or any other jurisdiction. The securities referred to herein have not been registered in any jurisdiction, and in particular, will not be registered under
Mariana Moraes
Phone: +55 21 2163-6197
mariana.moraes@mmx.com.br
Address: Av. Ataulfo de Paiva, 204, 10o andar, Leblon, Rio de Janeiro, RJ, Brazil 22440-033
Website: www.mmx.com.br
NYSE: MMX
46
This document summarizes key details about MMX's iron ore projects in Brazil and Chile. [1] MMX has high quality mining assets in traditional iron ore districts in Brazil and Chile, with production committed through long-term contracts to Chinese and South Korean consumers. [2] Their key projects include the Serra Azul expansion in Brazil targeting 29Mtpy of production, as well as projects in Bom Sucesso and Chile targeting 10Mtpy each. [3] MMX has made significant progress executing their projects, including securing licenses, reserves, off-take agreements, and beginning construction.
The document discusses MMX's iron ore assets in Brazil and Chile. It outlines MMX's integrated logistics network for its Serra Azul iron ore mine in Brazil, including transportation via the MRS railway to MMX's Sudeste Superport, from which it has long-term contracts to supply iron ore to its shareholders and strategic consumers in China and South Korea. MMX has permits and infrastructure in place to expand production beyond 40 million tonnes per year between its Brazilian and Chilean assets.
MMX is developing the Serra Azul iron ore mine in Brazil. The mine has over 1 billion tons of reserves and will have an initial production capacity of 10 million tons per year. MMX has secured long-term railway contracts and port access to transport the iron ore. They also have long-term off-take agreements in place with strategic customers like Wisco and SK to purchase over 50% of the mine's planned production capacity. This integrated logistics chain from mine to port is key for the successful operation of the project.
The document provides an overview of MMX Mineração e Metálicos S.A. (MMX), a Brazilian mining company focused on iron ore production. It summarizes MMX's key mining assets in Brazil and Chile, which include the Serra Azul, Bom Sucesso, Corumbá, and Chile systems. The document
MMX is developing the Serra Azul iron ore mine in Brazil. It has integrated logistics, including a railway connection to transport ore from the mine to the Sudeste Superport. The Superport has capacity for 50 million tonnes per year of iron ore shipping. MMX has long-term contracts in place with offtakers China Wisco and South Korea SK to purchase a majority of Serra Azul's production for 20 years.
Royal Dutch Shell reported financial results for the first quarter of 2009. Earnings were $3 billion, down from $7.9 billion in the first quarter of 2008 due to lower oil and gas prices and weak energy demand. Cash flow from operations was $7.6 billion. Production was 3.1 million barrels of oil equivalent per day. The company maintained its dividend, which was increased 5% from the first quarter of 2008. Shell adopted a prudent financial approach to weather the economic downturn by maintaining investment while ensuring financial flexibility.
This document provides the third quarter 2008 results presentation from Royal Dutch Shell. It discusses Shell's financial highlights for Q3 2008 including earnings of $8.8 billion and EPS growth of 47% year-over-year. It also provides an update on Shell's portfolio progress through new acquisitions in Canada that added over 1 billion boe of tight gas resources, and asset sales as part of its ongoing strategy. Key projects that started up or are planned to start up between 2008-2011 are also listed.
The document provides MMX's 2011 results. It highlights that MMX achieved record annual net revenues and EBITDA in 2011. Net revenues increased 43% to R$1 billion while adjusted EBITDA grew 33% to R$239.6 million. Sales volume also increased 8% to 7.7 million tons. The document also provides details on MMX's debt profile, gross margin, Sudeste Superport expansion project, and equipment.
The document provides an overview of how electricity market restructuring has impacted the Texas market. It discusses how restructuring led to billions of dollars in investment in new efficient natural gas power plants, increasing generation capacity by over 25 GW. This brought average wholesale power prices down significantly from $80/MWh to $45/MWh while also improving the efficiency of the generation fleet as reflected by lower system-wide heat rates. The changes created a more competitive market structure with over 50 retail electricity providers while also improving reliability.
MMX presented an overview of its integrated iron ore mining and processing systems in Brazil. Highlights include three projects located in different regions of Brazil that will produce iron ore fines, pellets, pig iron, and semi-finished steel products. The presentation also discussed MMX's logistics subsidiary LLX Logística and its port, as well as providing timelines and updates on the progress of each mining project. MMX aims to be a vertically integrated producer of high-value added iron ore and steel products.
MMX is a Brazilian mining company that presented its corporate structure and business plan update in November 2008. The presentation outlined MMX's iron ore production ramp-up plans for its Corumbá and Sudeste Systems to reach a total capacity of 40 million metric tons per year by 2013. For its Sudeste System, MMX discussed plans to expand its mines and beneficiation plants in multiple phases to achieve the targeted capacity through open-pit mining and investments of over $1 billion. MMX also provided updates on its pig iron production and forestry programs in Corumbá to become self-sufficient in charcoal production by 2017.
Corporate presentation follow up – november 2008mmxriweb
The document is a corporate presentation from MMX Mineração e Metálicos S.A. dated November 2008. It summarizes MMX's business plans for iron ore production and sales from its mining assets in Brazil. MMX plans to ramp up iron ore production capacity to 40 million metric tons per year by 2013 through expanding its mining and processing facilities. It also discusses plans to increase pig iron production and achieve self-sufficiency in charcoal supply by 2017 through an ongoing forestry program. The presentation provides production, capex, and sales forecasts through 2013 and discusses MMX's logistics infrastructure.
MMX Mineração is a Brazilian iron ore mining company with operations in Minas Gerais and Mato Grosso do Sul states. [1] It has two operating systems, Serra Azul and Corumbá, with a current combined capacity of 7 million tonnes per year. [2] MMX is expanding its flagship Serra Azul project which has over 997 million tonnes of reserves and targets annual production of 15 million tonnes. [3] It also owns the Sudeste Superport in Itaguaí, Rio de Janeiro, which has capacity for 50 million tonnes per year and is expandable to 100 million tonnes.
This document provides financial results and operational updates for MMX Mineração e Metálicos S.A. for the second quarter of 2012. Key highlights include a 29% increase in production to 2 million tons compared to the previous quarter, a 22% rise in sales to 1.7 million tons, and EBITDA growth of 231% to R$13.9 million. However, net revenues declined 28% year-over-year to R$203.6 million and a net loss was reported. The document also outlines progress on expansion projects at the Serra Azul unit and construction of the new Sudeste Superport facility.
MMX is developing iron ore mining and logistics assets in Brazil to supply the global seaborne iron ore market. Its key assets include the Serra Azul mine and beneficiation plant, which is expanding to 29 Mtpy production, and the Sudeste Superport, a private port licensed for 50 Mtpy and expandable to 100 Mtpy. MMX has over 3.6 billion tons of mineral resources certified and long-term off-take agreements for 64% of production with its major shareholders Wisco and SK. The port and mine infrastructure are integrated to allow efficient bulk shipment of iron ore via rail and ship.
MMX Corporate Presentation - September 2011mmxriweb
MMX is developing iron ore projects in Brazil and Chile to create new supply options for the global seaborne iron ore market. Their integrated projects include mines, railroads, and ports that will allow them to competitively supply high quality iron ore. Over 60% of future production is already committed through long term contracts. MMX has extensive iron ore resources, competitive production costs, and an experienced management team to execute their expansion plans.
MMX is developing iron ore mining assets in Brazil with the goal of becoming a major exporter of seaborne iron ore. Their key assets include the Serra Azul mine and the Sudeste Superport export facility. Serra Azul has over 1 billion tons of reserves and MMX is expanding production capacity to 29 million tons per year. The Sudeste Superport is licensed for 50 million tons annually and has the infrastructure to load large ships for international export. MMX has secured long-term supply contracts for over 60% of production with strategic Chinese and South Korean partners.
MMX is a Brazilian mining company focused on iron ore and its production chain. It operates three integrated mining systems - Corumbá, Amapá, and Minas-Rio. The Corumbá system is currently operating an iron ore mine and has received permits to build a pig iron plant. The Amapá system has received permits for its mine and railway is being repaired. The Minas-Rio system plans to begin pellet production in 2009 after additional resource drilling and permitting. MMX is financing its projects through loans and has disbursed $64.5 million of its $3.6 billion capital expenditure plan as of September 2006.
The document summarizes MMX's 3Q12 results. It reports that production increased 7% quarter-over-quarter and 13% year-over-year. Sales increased 12% QoQ but decreased 10% YoY. Net revenues grew 21% QoQ but fell 10% YoY. The net loss narrowed significantly from the previous quarter though it was still lower than the previous year. EBITDA improved dramatically QoQ but was down slightly YoY. It also provides updates on various projects including the completion of mergers and financing arrangements as well as continued construction progress.
Apresentação ri osources conference (merrill lynch)mmxriweb
The document provides a progress report and overview of MMX Mineração e Metálicos S.A.'s mining projects. It summarizes the permitting status and construction progress of various projects. It also discusses strategic partnerships, long-term supply agreements, financing details, and production capacity forecasts by system through 2010. Key systems include Corumbá, Amapá, and Minas-Rio.
The document summarizes a transaction between MMX, Trafigura, and Mubadala involving Sudeste Superport. Trafigura and Mubadala will invest $400 million for a 65% stake in Sudeste Superport. This will provide funds to conclude investment in the port. It will also provide a solution for MMX's debt, with Trafigura and Mubadala assuming bank debt and other obligations. MMX will maintain a 35% stake in the port and benefit from future cash flow, while securing a shipping volume of 7 million tonnes annually through the port.
This document provides an overview of MMX's iron ore supply business in Brazil. In 3 sentences: MMX operates iron ore mines in Brazil and owns a port facility that can export up to 50 million metric tons per year of iron ore, expandable to 100 million metric tons, to customers in China and South Korea under long-term supply contracts; the port is integrated with MMX's mines by a railway and has begun construction to increase production capacity and export more iron ore internationally; the expansion aims to leverage MMX's large iron ore resources, logistics infrastructure, and customer relationships to become a major global supplier of seaborne iron ore.
The document provides financial results and operational data for MMX Mineração e Metálicos S.A. for the first quarter of 2012. Key highlights include:
- Sales volumes decreased 28% quarter-over-quarter and 13% year-over-year.
- Net revenues decreased 43% quarter-over-quarter and 11% year-over-year.
- Net profit decreased 29% quarter-over-quarter and 23% year-over-year.
- EBITDA decreased 91% quarter-over-quarter and 90% year-over-year.
The document also provides details on MMX's long-term debt profile, gross margins, and descriptions and images related to
The document outlines MMX's 2010 financial results, which showed record sales volumes, revenues, profits, and the company's first ever positive EBITDA of R$120.6 million. An audit of MMX's resources by SRK Consulting estimated total measured, indicated and inferred resources of 1.466 billion metric tons across various sites. The document also lists the next steps in MMX's planned voluntary takeover offer for PortX shares.
Presentation – 2007 global resourses conference (bmo)mmxriweb
This presentation provides an overview of MMX Mineração e Metálicos S.A., a Brazilian iron ore mining and production company. MMX operates three integrated iron ore systems in Brazil, with planned total annual production of 38 million tons by 2011. The company has obtained necessary permits and licenses to develop its projects and is progressing financing according to its business plan. MMX aims to supply high quality iron ore to the global market while maintaining environmental sustainability.
Apresentação – 2007 global resourses conference...mmxriweb
This presentation provides a progress report on MMX Mineração e Metálicos S.A., a Brazilian iron ore producer. Key points include: MMX will produce 38 million tons of high-quality iron ore annually from three integrated mining systems in Brazil starting in 2011. MMX has an experienced management team and a corporate structure allowing strategic partners to participate. Financing is advancing as planned, with most capital expenditures occurring early on and increasing production expected to generate free cash flows beginning in 2009. Permits have been obtained as scheduled since the company's IPO in 2006.
- MMX reported positive EBITDA for the 5th consecutive quarter in 3Q11, though EBITDA declined 18% YoY to R$61.2 million due to higher costs. Sales volumes increased 2% QoQ to 2.1 million tons while gross revenues fell 8% to R$287.9 million.
- MMX completed its acquisition of 99.1% of PortX, the developer of the Sudeste Superport project, for R$238.8 million cash and shares. Construction of the port facilities is ongoing with the tunnel and rail loop scheduled for completion in 1H12. Total project CAPEX is estimated at R$1.276 billion through 2013.
- MMX reported strong financial results for 2Q11, with sales volume up 29% quarter-over-quarter and 53% year-over-year, gross revenues up 60% QoQ and EBITDA up 84% QoQ.
- Production volumes have been increasing, reaching 2 million tons in 2Q11, up from 0.5 million tons in 2Q10.
- MMX completed its acquisition of 94% of PortX, positioning the company to benefit from growth at the Sudeste Superport.
- Capex has increased each year to support expanding operations and production capacity.
MMX reported strong financial results for the second quarter of 2010, with sales volumes up 22% quarter-over-quarter and 190% year-over-year. Gross revenues increased 69% sequentially and 324% from the prior year. Adjusted EBITDA saw significant gains of 506% from the previous quarter and 137% annually. Production volumes have also increased steadily since the economic downturn. MMX also reduced its short-term debt levels and average debt term while pursuing a deal that will add further production capacity through mid-2011.
The document provides an overview of how electricity market restructuring has impacted the Texas market. It discusses how restructuring led to billions of dollars in investment in new efficient natural gas power plants, increasing generation capacity by over 20 GW. This brought average variable generation costs down significantly from $80/MWh to $45/MWh and reduced system-wide heat rates. The changes created a more competitive market with over 50 retail electricity providers to choose from.
The document provides highlights from MMX Mineração e Metálicos S.A.'s 2012 results. It notes that production was 7.4 million tons, sales were 6.9 million tons, net revenues were R$806 million, and net profit was R$ -792 million. It also provides photos showing construction progress on the expansion of the Serra Azul Unit and the Sudeste Superport. The document concludes with investor relations contact information.
MMX is a Brazilian mining company that produces and exports iron ore. It owns the Serra Azul mine and expansion project in Minas Gerais, as well as rights to mines in Corumbá, Mato Grosso do Sul. MMX has long-term off-take agreements with strategic partners Wisco and SK Networks for 64% of its future production. It owns 35% of Porto Sudeste, a deepwater port in Itaguaí, Rio de Janeiro that provides logistics for exporting MMX's iron ore. The presentation provides an overview of MMX's assets and projects, production targets, mineral reserves, and highlights recent corporate developments.
O documento resume as operações e projetos da MMX Mineração. Apresenta os ativos da empresa no Sudeste do Brasil, incluindo a Unidade Serra Azul em operação e o Porto Sudeste, com foco no minério de ferro. Também destaca os principais eventos recentes, métricas financeiras e detalhes dos projetos de expansão.
MMX is a Brazilian mining company that produces iron ore. It has two operating systems, Serra Azul and Corumbá, with a current combined capacity of 7 million metric tons per year. MMX's iron ore is committed to strategic consumers in China and South Korea through long-term contracts. It has a port facility called Porto Sudeste that provides access to seaborne iron ore markets. MMX has mineral resources totaling 3.6 billion metric tons across its mining assets and aims to expand production capacity.
Este documento fornece um resumo da MMX Mineração, incluindo:
1) A MMX Mineração opera sistemas de mineração de minério de ferro em Serra Azul (MG) e Corumbá (MS) com capacidade total de produção de aproximadamente 7 Mtpa.
2) A empresa está expandindo a operação em Serra Azul para aumentar a produção para 15 Mtpa e 64% da produção futura já foi comprometida em contratos de longo prazo.
3) A MMX Mineração também opera o Porto Sude
1. MMX reported its 1Q14 results in June 2014, with production of 1.3 million tons (up 22% quarter-over-quarter but down 10% year-over-year) and sales of 1.2 million tons (down 15% quarter-over-quarter and 12% year-over-year). Net revenue was R$110.4 million (down 39% quarter-over-quarter and 53% year-over-year).
2. Net profit was R$ -69.2 million and adjusted EBITDA was R$ -501.3 million. Consolidated debt increased to R$2.791 billion.
3. Events in 1Q14 included
O documento apresenta os resultados financeiros da empresa no primeiro trimestre de 2014, incluindo uma queda na receita líquida, lucro líquido negativo e EBITDA ajustado negativo. Também destaca o investimento da Trafigura e Mubadala na Porto Sudeste do Brasil S.A. e o aumento da dívida líquida consolidada da empresa.
Este documento fornece um resumo da MMX Mineração, uma empresa de mineração de minério de ferro. Apresenta os ativos da empresa, incluindo as unidades de Serra Azul e Corumbá, e o Porto Sudeste do Brasil. Descreve também os planos de expansão da Unidade Serra Azul e do Porto Sudeste.
MMX is a Brazilian mining company that produces iron ore. It has two operating systems, Serra Azul and Corumbá, with a current capacity of 7 million tonnes per year. MMX has secured mining rights and resources totaling 3.6 billion tonnes. It has long-term off-take agreements with strategic partners in China and South Korea for 64% of its future production. MMX's Porto Sudeste provides access to seaborne markets and has the capacity to export up to 100 million tonnes per year.
O documento fornece informações sobre as operações de mineração e exportação de minério de ferro da MMX Mineração no Brasil. Apresenta os ativos da Serra Azul e do Porto Sudeste, com capacidade atual de 7 Mtpa e potencial de expansão para 15 Mtpa e 100 Mtpa respectivamente. Também descreve a unidade Corumbá com capacidade atual de 2,1 Mtpa e reservas de 192 Mtons.
1) A apresentação descreve o plano de negócios da MMX Mineração para o fornecimento transoceânico de minério de ferro através de seus ativos no Sudeste do Brasil.
2) Os ativos incluem as minas Serra Azul e Corumbá e o Porto Sudeste, com capacidade de 50 Mtpa e potencial para expansão para 100 Mtpa.
3) 64% da produção futura do Sistema Sudeste está comprometida com contratos de longo prazo com companhias da China e Coreia do Sul
MMX is a Brazilian iron ore mining company with operations in Minas Gerais and Mato Grosso do Sul. It has two operating systems, Serra Azul and Corumbá, with a current combined capacity of 7 million metric tons per year. MMX is expanding its Serra Azul unit and has secured long-term off-take agreements for 64% of future production with shareholders WISCO and SK Networks. It also owns Porto Sudeste, a private port in Itaguaí, Rio de Janeiro licensed to export 50 million metric tons per year of iron ore.
1) A MMX Mineração fornece informações sobre seus ativos de minério de ferro no Brasil, incluindo as unidades Serra Azul e Corumbá.
2) O documento descreve o porto Sudeste do Brasil, que tem capacidade para 50 Mtpa e possibilidade de expansão para 100 Mtpa.
3) As operações da MMX no Brasil incluem minas, plantas de beneficiamento, ferrovias e portos, com foco em logística integrada para exportação de minério de ferro.
1) A MMX Mineração fornece informações sobre seus ativos de minério de ferro no Brasil, incluindo as unidades Serra Azul e Corumbá.
2) O documento descreve o porto Sudeste do Brasil, que tem capacidade para 50 Mtpa e possibilidade de expansão para 100 Mtpa.
3) As operações da MMX possuem logística integrada entre a mina, ferrovia e porto, além de contratos de longo prazo para venda de minério.
MMX is a Brazilian iron ore mining company with operations in Minas Gerais and Mato Grosso do Sul. It has two operating systems, Serra Azul and Corumbá, with a current combined capacity of 7 Mtpy. MMX is expanding its Serra Azul unit and Porto Sudeste export terminal to increase production. Porto Sudeste is located in Itaguaí, Rio de Janeiro and has licenses for 50 Mtpy, expandable to 100 Mtpy. MMX has long-term off-take agreements in place with shareholders WISCO and SK Networks for 64% of future production.
1) O documento descreve os ativos e operações da MMX Mineração, incluindo as unidades de Serra Azul e Porto Sudeste.
2) A MMX tem recursos certificados de 3,6 bilhões de toneladas e capacidade de produção de 7 Mtpa.
3) O Porto Sudeste tem capacidade para 50 Mtpa e projeto de expansão para 100 Mtpa, com logística integrada à mina Serra Azul por meio da ferrovia MRS.
MMX is a Brazilian mining company that produces iron ore. It has two operating systems, Serra Azul and Corumbá, with a current combined capacity of 7 million metric tons per year. Serra Azul has reserves of nearly 1 billion metric tons and production is committed to strategic partners through long-term contracts. MMX's Porto Sudeste has capacity for 50 million metric tons annually and provides access to global seaborne markets. The company aims to expand production at Serra Azul while divesting its Corumbá assets.
O documento fornece informações sobre as operações de mineração e exportação de minério de ferro da MMX Mineração no Brasil. Apresenta os ativos da Serra Azul e do Porto Sudeste, com capacidade atual de 7 Mtpa e projetos de expansão. Também descreve o ativo de Corumbá com capacidade atual de 2,1 Mtpa. Explica a logística integrada entre a mina, ferrovia e porto para exportação do minério de ferro.
This document provides highlights from MMX Mineração e Metálicos S.A.'s 2013 results and subsequent events. Key points include:
- Production was 5.9 million tons, down 20% from the previous year. Sales were 6.6 million tons, down 4%.
- Net loss was R$2.057 billion, up 160% from the previous year. Adjusted EBITDA was R$-156.6 million, down 131%.
- Subsequent events include concluding an investment with Trafigura and Mubadala, approving a revised business plan, engaging financial advisors, and signing an agreement to sell MMX's Chile unit.
Este documento resume os resultados financeiros e operacionais da empresa para o ano de 2013, incluindo uma queda na produção e lucro líquido negativo. Apresenta também os principais eventos do ano, como a revisão do plano de negócios e a contratação de assessores financeiros para avaliar oportunidades. Fornece detalhes sobre a dívida consolidada da empresa e sua estrutura societária atual.
MMX Mineração is a Brazilian iron ore mining company with operations in Minas Gerais and Mato Grosso do Sul states. It has two operating systems, Serra Azul and Corumbá, with a current combined capacity of 7 million tonnes per year. MMX is expanding its flagship Serra Azul project which has over 1 billion tonnes of reserves and will have a capacity of 15 million tonnes per year. It also has its own Porto Sudeste terminal capable of shipping 50 million tonnes annually. 64% of MMX's future production is already committed under long-term contracts with its major shareholders Wisco and SK Networks.
2. DISCLAIMER
This presentation relating to MMX Mineração e Metálicos S.A. (“MMX”) includes “forward-looking statements”, as that term is defined in the
Private Securities Litigation Reform Act of 1995, in Section 27A of the Securities Act of 1933 and Section 21E of the U.S. Securities
Exchange Act of 1934. All statements other than statements of historical facts are statements that could be deemed forward-looking
statements and are often characterized by the use of words such as “projects”, “expects”, “anticipates”, “intends”, “plans”, “believes”,
“estimates”, “may”, “will”, or “intends”, or by discussions or comments about our objectives, strategy, plans or intentions and results of
operations. Forward-looking statements include projections regarding our operating capacity, operating expenditures, capital expenditures
and start-up dates.
By their nature, these forward-looking statements involve numerous assumptions, uncertainties and opportunities, both general and
specific. The risk exists that these statements may not be fulfilled or, even if they are fulfilled, the results or developments described in
such statements may not be indicative of results or developments in future periods. We caution participants of this presentation not to
place undue reliance on these forward-looking statements as a number of factors could cause future results to differ materially from these
statements.
Forward-looking statements may be influenced in particular by factors such as the ability to obtain all required regulatory approvals on a
timely basis or at all, exploration for mineral resources and reserves, difficulty in converting geological resources into mineral reserves,
and changes in economic, political and regulatory conditions. We caution that the foregoing list is not exhaustive. When relying on
forward-looking statements to make decisions, investors should carefully consider these factors as well as other uncertainties and events.
MMX does not undertake to update our forward-looking statements unless required by law. This presentation is neither an offer to sell
(which can only be made pursuant to definitive offering documents) nor a solicitation of an offer to buy any securities in the United States,
or any other jurisdiction. The securities referred to herein have not been registered in any jurisdiction, and in particular, will not be
registered under the U.S. Securities Act of 1933, as amended, or any applicable state securities laws and may not be offered or sold in the
United States absent registration or an applicable exemption from such registration requirements.
This presentation and its contents are proprietary information and may not be reproduced or otherwise disseminated in whole or in part
without MMX’s prior written consent.
5. HIGH QUALITY MINING ASSETS IN TRADITIONAL
MINING DISTRICTS
Two operating systems: Serra Azul and
Corumbá
Current Capacity: 10.8 Mtpy
Mining rights in traditional iron ore
districts: Brazil (Minas Gerais and Mato
Grosso do Sul)
Production committed with strategic
consumers – China and South Korea – Sudeste System
through long-term contracts Serra Azul Unit
Bom Sucesso Unit
Corumbá System
Brownfield start up in Brazil
Expanding beyond 40 Mtpy in Brazil,
through fully integrated systems: Private Sudeste Superport
port
Strategic port location
5
6. INGREDIENTS FOR A SUCCESSFUL IRON ORE
BUSINESS
SRK certification: 3,1 billion tons of mineral resources, and further mineral
Resource Base
potential of up to 1,4 billion tons. Reserves of 1 billion tons in Serra Azul.
Low stripping ratio
Competitive Competitive scale – New beneficiation plant
Production Cost
Structure Energy supply contract with MPX
Infrastructure with integrated logistics
Sudeste Superport at 50 Mtpy, expandable to 100 Mtpy, provides gateway to
Guaranteed
seaborne markets
Logistics
Long Term Railway Contract with MRS
Secured Off-take 64% of future production already committed through long-term contracts
Operational Track Experience management team with implementation and operational expertise
Record Installed Capacity of 10 Mtpy (Serra Azul and Corumbá sites)
6
7. A LOT HAS BEEN DELIVERED
December Beginning of the R$ 1.4 billion capital increase process
2012 BNDES approves allocation of long term financing for Serra Azul
Conclusion of the offshore civil works at the Sudeste Superport
Issuance of debentures at the amount of R$ 600 million
Approval of the merger of PORTX into MMX
Public hearings in Itaguaí and Mangaratiba for the expansion of the Sudeste
Superport to 100 Mtpy
Beginning of construction of the Serra Azul Unit expansion
Installation License authorizing the Serra Azul Unit expansion
MMX signs contract for railway services with MRS through 2026
SRK certified 997,4 million tons of mineral reserves at Serra Azul Unit
EPCM contract with CNEC Worley Parsons for Serra Azul expansion
Contract with MPX for energy supply for expansion of Serra Azul
Financial advisory contract with Itaú BBA and Bradesco
February
2011 Deal with Usiminas
7
11. UNIQUE INTEGRATED LOGISTICS
Since Iron ore is a bulk commodity, an integrated logistic (mine
railway port) is the key factor for a successful operation
Offtakers (Shareholders)
Long-Term contract (20 years). Wisco will
off-take at least 50% of MMX Sudeste
production.
Mine Railway Superport
Long-Term contract (20 years) to trade iron
ore. SK will take-off part of the Sudeste
System yearly production equivalent to its
participation in MMX Capital (14%).
Serra Azul unit is near to the MMX has a long term contract Sudeste Superport will have
MRS railway - 10 km from the with MRS railway, which connects 50Mtpy iron ore shipping
mine, a distance currently the mine with the CSN’s port and capacity. The Superport will have SK and Wisco will together
traversed by trucks. the Sudeste Superport, both a depth of 20 meters, enough to offtake 64% of total production
located in Itaguaí. handle Capesize vessels.
11
14. MRS CONTRACT
MMX signed a long term contract for railway services
Contract signed on December 28th 2011.
Long term contract through 2026.
Provides for a volume of up to 36 million tons of iron ore per year.
Tariff: R$ 26.463/ton , net of tax, readjusted annually by a parametric
formula the variation in IGP-DI and in diesel oil.
14
15. SERRA AZUL
Expansion project with integrated logistic and pellet feed iron ore
Highlights
Production target: 29 Mtpy
64% of production already committed through long-term contracts
997.4 million tons of reserves already secured by SRK
Execution Update
Beginning of construction of Serra Azul Unit expansion
Construction license issued in April, 2012
Acquisition of gyratory crushers, ball mills, SAG mills and vertical
mills for the new beneficiation plant
Contract with CNEC WorleyParsons
Contract with MPX to supply power for 15 years at a base-price of
R$125/MWh
Expected Quality – Ouro Preto pilot plant test work
Fe: 66.65% P: 0.025%
SiO2: 3.23% Mn: 0.018%
AL2O3: 0.54% LOI: 0.75%
15
19. SERRA AZUL
Earthwork
Beneficiation Grind Primary Crushing Primary Crushing Main Access
Pump House, Sump and Maintenance Workshop
Substation Water Storage Tank Water Storage Tank
Thickeners
Inc.
Construction Site Grind Piles Construction Site and Administrative
Warehouse Buildings
23. SUDESTE SUPERPORT
Overview
Licensed to 50 Mtpy, expandable to 100 Mtpy
Licensing for 100 Mtpy underway, public
hearing held on May, 2012
Navy Approval to 100 Mtpy
Capesizes handling
Loading: 2 ship loaders of 25 Mtpy each
Construction works for the tunnel and
offshore infrastructure completed
Fully funded (BNDES)
Sudeste Superport - Itaguaí
23
24. USIMINAS AGREEMENT
Pau de Vinho Joint Mining Sudeste Superport Handling
SRK resources audit : 810 million tons Handling fee: USD 12.63/ton adjusted
plus a potential of an additional 75 by US-PPI
million tons
Pau de Vinho target production: 8 Mtpy Volumes:
■ 12 Mtpy
Significant synergies with current
mining operations at Serra Azul 80% Take-or-Pay
13.5% of production at Pau de Vinho
Usiminas can renew the contract for 1
will be delivered to Usiminas
to 5 years
MMX will be responsible for the
licensing, CAPEX and operation for 30
years
24
26. Stockyard 32
Road Access Stacker Reclaimer
Infrastructure
Stacker Reclaimer
Rolling Way
Car Dumpers
Car Dumpers Control Room
Stockyard 6
Sudeste Superport
Stockyard Elevation 6 m
26
27. Train Positioners Control Room of Car
Dumpers
Car Dumpers
Sudeste Superport
Car Dumpers 27
28. Tunnel Entrance
Electric Substation
Infrastructure
Transfer House
Concrete Base
Sudeste Superport
Stockyard Elevation 32 m
28
29. 11 m
20.5 m
Sudeste Superport
Tunnel entrance
29
30. Tunnel Exit
Bridge 1 (430 m)
Electric Substation Building
Bridge 2 (270 m)
Platform 2
Sudeste Superport
Bridges and Platform
30
36. CORUMBÁ
Highlights
Current Capacity: 2.1 Mtpy
Long-term contracts signed with local and
international barge operators
77% of production already committed
through long-term contracts
SRK audit resources report: 192 million tons
plus a potential of an additional 123 million
tons
36
37. Investor Relations
Carlos Gonzalez – CEO and IRO
Adriana Marques – Manager
Daniella Maia - Analyst
Phone + 55 21 2163-6197
+55 21 2163-4366
ri@mmx.com.br