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Batista’s MMX struck with $1.8 billion tax fine in Brazil

Cecilia Jamasmie | January 09, 2013 | 6:18 pm Europe Latin America Iron Ore 

MMX Mineração e Metálicos S.A., the flagship mining company of Brazilian billionaire Eike Batista, has been handed a $1.86 billion fine for unpaid taxes, the company said Tuesday. In the statement the firm owned by the world of mining's top...

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