2Q12 RESULTS

Rio de Janeiro | August 2012

This presentation relating to MMX Mineração e Metálicos S.A. (“MMX”) includes “forward-looking statements”, as that term

is defined in the Private Securities Litigation Reform Act of 1995, in Section 27A of the Securities Act of 1933 and Section

21E of the U.S. Securities Exchange Act of 1934. All statements other than statements of historical facts are statements

that could be deemed forward-looking statements and are often characterized by the use of words such as “projects”,

“expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, “may”, “will”, or “intends”, or by discussions or

comments about our objectives, strategy, plans or intentions and results of operations. Forward-looking statements include

projections regarding our operating capacity, operating expenditures, capital expenditures and start-up dates.

By their nature, these forward-looking statements involve numerous assumptions, uncertainties and opportunities, both

general and specific. The risk exists that these statements may not be fulfilled or, even if they are fulfilled, the results or

developments described in such statements may not be indicative of results or developments in future periods. We caution

participants of this presentation not to place undue reliance on these forward-looking statements as a number of factors

DISCLAIMER

could cause future results to differ materially from these statements.

Forward-looking statements may be influenced in particular by factors such as the ability to obtain all required regulatory

approvals on a timely basis or at all, exploration for mineral resources and reserves, difficulty in converting geological

resources into mineral reserves, and changes in economic, political and regulatory conditions. We caution that the

foregoing list is not exhaustive. When relying on forward-looking statements to make decisions, investors should carefully

consider these factors as well as other uncertainties and events.

MMX does not undertake to update our forward-looking statements unless required by law. This presentation is neither an

offer to sell (which can only be made pursuant to definitive offering documents) nor a solicitation of an offer to buy any

securities in the United States, or any other jurisdiction. The securities referred to herein have not been registered in any

jurisdiction, and in particular, will not be registered under the U.S. Securities Act of 1933, as amended, or any applicable

state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption

from such registration requirements.

This presentation and its contents are proprietary information and may not be reproduced or otherwise disseminated in

whole or in part without MMX’s prior written consent.

2Q12 QoQ YoY

Production 2.0 million ton 29% -7%

Sales 1.7 million ton 22% -18%

MAIN FIGURES

Net Revenues R$ 203.6 million 28% -33%

Net Profit (392.298) n/a n/a

EBITDA R$ 13.9 million 231% -82%

0.5

0.6

0.30.8

0.7

0.8

0.61.5

2.0

2.5

Sales (million tons)

SALES VOLUME

1.8 1.7

2.0

1.6

2.1 2.2

1.9

1.4

1.7

1.31.1

1.7

1.3 1.31.5

1.1 1.1 1.1

0.6 0.30.3

0.6

0.0

0.5

1.0

1.5

2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12

Domestic Export

LONG TERM DEBT PROFILE AND GROSS MARGIN

61%

53%56%

45%

60%

Gross Margin (%)

63%68% 67%

60%

80%

100%

Debt profile

0%

15%

30%

2Q11 1Q12 2Q12

37%32% 33%

0%

20%

40%

2Q11 1Q12 2Q12

Short Term Long Term

Construction Site and

Warehouse

Construction Site and

Warehouse

Benefic. substationBenefic. substation

Sump and ThicknersSump and ThicknersGrindGrind

PilePile

ProcessingProcessing

Serra Azul Unit expansion

Earthwork

Maintenance

workshop

Maintenance

workshop

Administrative

Buildings

Administrative

Buildings

Primary CrushingPrimary CrushingConstruction SiteConstruction Site

Sudeste Superport

Railway access

7

Sudeste Superport

Stockyard Elevation 6 m

8

Sudeste Superport

Car Dumpers Elevation 6 m

9

Sudeste Superport

Assembly of car dumpers

Bridge250 m

Bridge450 m

11

Superporto Sudeste

Offshore Structure

Pier766 m

S U D E S T E S U P E R P O R T

Shiploaders

Side view of one of the shiploaders View of 2 shiploaders (in yellow)

Investor RelationsGuilherme Escalhão – CEO and IRO

Adriana Marques– ManagerDaniella Maia - Analyst

Beatriz Yoshinaga - AnalystTel. + 55 21 2555-6197/4240

ri@mmx.com.br