1 MIN. DE LECTURA
Miner Vetria Mineração, owned by Triunfo and ALL , said on Tuesday it has agreed to lease the mining rights of MMX's Corumba unit in the Brazilian state of Mato Grosso do Sul.
The rights have a fixed price of $500,000 per year and an option for the future purchase of the all shares issues by MMX Corumba unit. MMX, formally known as MMX Mineracao e Metalicos SA, is part of Brazilian tycoon Eike Batista's troubled mining, oil and logistics empire.