mineral exploration project – commodity prices – mining stock- trade and market

MMX mining company plans to increase iron ore production capacity in 2015. To achieve the target production capacity of mining company MMX will invest $ 1.2 billion. Iron ore production capacity is planned 33.7 million tonnes per year. Currently MMX iron ore production reached 9 million tons per year.

Planned investment for the expansion of Southeastern system, which includes 7 MTPA Serra Azul and Bom Sucesso mining project, which is still operational.