EBX Group

History

The EBX Group activities started in the early 1980s, with a project that was conceived and executed by Eike Batista: “Novo Planeta”, the first mechanized alluvial gold mine in the Amazon. Over the course of that decade, Batista became chairman of the board and CEO of TVX Gold. It was starting with this company - listed in Canada’s Toronto Stock Exchange - that Batista’s relationship with the global capital markets began.

Between 1980 and 2000, he raised US$ 20 billion in value through the implementation and operation of nine gold and silver mines in Brazil and Canada (Amapari, Casa Berardi, Crixás, Musselwhite, New Britania, Novo Astro, Novo Planeta, and Paracatu), as well as a mine in Chile (La Coipa). In the 2000s, he began operating three iron ore mines in Brazil (Mina 63, Tico Tico, and Ipê). Between 2004 and 2012, Batista structured and went public with six companies: OGX, MPX, LLX, MMX, OSX, and CCX.

Until 2014, EBX will invest R$ 30 million in the training of 25,000 workers and has simultaneously allocated approximately R$ 20 million in financing for projects and partnerships with universities in Brazil, Chile, Colombia and China. This support encompasses more than ten universities and educational institutions. Among the beneficiaries are Alberto Luiz Coimbra Institute - Graduate School and Research in Engineering (COPPE) of the Federal University of Rio de Janeiro (UFRJ), China’s Tsinghua University, the Institute of Nuclear and Energy Research (IPEN), and the University of Valparaiso in Chile.

Other activities

REX is EBX Group’s real estate company. Founded in 2008 to identify real estate opportunities, the company began operations in 2011 with a business focus on urban development and income-generating assets. Among other initiatives, the company’s business portfolio includes restoration of Hotel Glória, which is now called Glória Palace Hotel; MD.X Medical Center, a center for integrated medicine; R3X Leblon Business Center; and Hotel Parque do Flamengo, all in the city of Rio de Janeiro.

EBX Group also exploits technology through SIX Intelligent Solutions. Created in October 2011, SIX arose from the acquisition of stock control over AC Engenharia, a company with 18 years’ experience in the Brazilian market, having as its focus the oil and gas operations sector. In April 2012, EBX Group and IBM announced a strategic partnership. The agreement includes IBM’s acquisition of 20% of SIX Automation, a subsidiary of SIX Intelligent Solutions, and the creation of a center for the joint development of technology solutions and R&D (research and development) focused primarily on the natural resources and infrastructure sectors, as well as outsourcing EBX Group’s IT operations to IBM.

IMX, a joint venture with the American firm IMG Worldwide, is EBX Group’s sports and entertainment company, devoted to the staging of events and production of entertainment content in the sports, fashion, and music sectors. Also in 2011, EBX Group created NRX-Newrest, to operate in Brazil’s air and rail catering sectors. The result of the joint venture with Newrest (the only major global company that operates in all segments of catering and related services) is that NRX-Newrest will provide food services, as well as onshore and offshore operational support, cleaning and hospitality, and other services. EBX Group is also developing initiatives in the areas of sports, entertainment, hospitality, cuisine, health, and the environment in the city of Rio de Janeiro, where EBX is headquartered.

Synergies

MMX iron ore will be transported to the Southeast Brazil Superport, where it will be exported. Steel plates produced by steel mills installed in LLX’s Açu Superport Industrial Complex will be used by OSX in the production of offshore equipment, which will be chartered by OGX for its production of oil and gas. Coal from CCX’s Colombian mines will be transported to MPX’s thermoelectric power plants located along the Brazilian coast and to LLX’s superport, and the energy generated will be supplied to the industries located in the industrial complex. The natural gas produced by OGX can supply MPX’s thermoelectric power plants located in LLX’s superport industrial complex. LLX’s superport could serve as the onshore base for OGX’s production of oil and gas. MPX will provide power to MMX’s main operating unit in Minas Gerais.

Socio-environmental activities in Brazil

EBX and its companies support more than 170 social and environmental initiatives in Brazil, among which are the preservation of three national parks (Maranhenses, Fernando de Noronha and Pantanal). Additionally, it has created and maintains three of its own reserves – the Private Natural Heritage Reserves (RPPNs) Engenheiro Eliezer Batista (tropical wetland), Quebrada del Morel (Atacama Desert), and Caruara (salt marsh). It also supports the management of four RPPNs in Brazil’s Pantanal (Dorochê, Acurizal, Penha, and Rumo ao Oeste), and the creation of another ten in Ceará. EBX Group also supports Muriqui Ecological Corridor, one of the largest restoration projects ever developed in the Atlantic Forest in Brazil, and the preservation of Colombia’s Cañaverales Fountainhead.

In the social arena, family relocation programs (Vila Nova Canaã in Maranhão and Vila da Terra in São João da Barra, in Rio de Janeiro State); construction of the Pediatric Cancer Center (CPC) in Ceará; and support of Pro Child Hospital in Rio de Janeiro are some examples of the group’s activities in recent years.

In Rio de Janeiro, EBX Group will allocate R$ 20 million per year, until 2014, to the Pacifying Police Units (UPPs) project, a new model of public safety and policing. The funds will be used by the Rio de Janeiro State Security Department to purchase equipment and for investment in construction of infrastructure and logistics for its units.

EBX Group also invests in historical and cultural preservation. In the city of Belo Horizonte, it created and maintains the Mines and Metals Museum (MMM), which has been designed to showcase the relationship between the history and culture of Minas Gerais through two major economic activities of the state: mining and metallurgy. Dedicated to the state’s major mines, there are 44 attractions and 11 major installations in 18 rooms, covering an area of almost 6,000 square meters (64,584 square feet). In virtual environments, visitors can interact with the spaces that were created, allowing them to dynamically experience the world of metals and minerals. The attractions were made more personal through MMM’s historical and fictional characters, such as Dom Pedro II, the Baron de Eschwege and Xica da Silva, who introduce museum attractions to visitors in a playful and interactive manner.