MMX Mining News

International court orders bankrupt MMX to pay $7 million to Outotec

Ruling puts and end to dispute dating back to 2013.

Brazil’s iron ore giant MMX seeks bankruptcy protection

Ex-billionaire Eike Batista’s main mining unit became the third of his companies to file for bankruptcy protection in a year.

Brazil’s iron ore giant MMX to sell off 300,00 tonnes of stockpile

The news comes only a day after MMX announced it was temporarily halting operations at its only producing mine.

Brazil’s iron ore giant MMX to file for bankruptcy

Shares in the company fell by almost 8% on the news, hitting an all-time low.

Batista loses control of his iron ore darling MMX

The ex-billionaire will remain the largest shareholder of the firm he founded in 2005.

Brazil's Batista makes another sale

Inversiones Cooper Mining buys MMX.