MMX Said Looking to Consolidate Region

MMX Said Looking to Consolidate Region

Brazil M&A

MMX’s management has said that it is currently in negotiations with almost all the mining players in its region, according to an equity research report from Barclays. In the report, Barclays says the Brazil mining company’s recent acquisition of the Sudeste port will only speed up its consolidation efforts, giving it a significant logistical advantage over its regional competitors. Barclays identifies neighboring mines as deals that would make the most strategic sense for MMX, including the Pau

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