Tag: Mubadala

MMX executes MoU with Trafigura, Mubadala

MMX Mineração e Metálicos and its controlling shareholder Eike Fuhrken Batista have entered into preliminary agreements with Trafigura Pte Ltd. and EAV Lux SarL, a wholly owned subsidiary of Mubadala Development Company PJSC, to negotiate exclusively with Trafigura and Mubadala for the next four weeks to execute definitive agreements, Following which they would become the controlling shareholders and operators of Sudeste Superport, the iron ore port terminal located in Rio de Janeiro, Brazil, with an initial capacity to handle 50M tons of iron ore per year.