Variation in the nature of multi-walled carbon nanotubes (MWCNTs) subjected to different degrees of oxidation was investigated. The microstructure was determined by high resolution transmission electron microscopy (HRTEM) and X-ray diffraction (XRD) methods, and the surface chemistry was evaluated in terms of the functional groups determined by X-ray photoelectron spectroscopy (XPS) and thermal analysis-mass spectroscopy (TA-MS). In addition, TGA was used to indicate the thermal stability of the nanotubes. Results demonstrate that the graphitic structure of nanotubes oxidized with a mild mixture of H2SO4/HNO3 was preserved. Decrease in the degree of crystallinity started with widening of the C(0 0 2) XRD diffraction peak, followed by this peak shifting towards lower angles. The oxygen content increased with increasing treatment time. A defect peak incorporated in deconvolution of XPS C1s spectra was helpful for detecting the generation of defect sites. The predominant surface functionalities of the nanotubes have been changed from basic to acidic groups after treatment for one day. The samples oxidized for two days had the most abundant surface -COOH and the highest oxidation resistance. The oxidation mechanism of MWCNTs in mild H2SO4/HNO3 mixture was proposed, which was a successive and iterative process, including the initial attack on active sites, and next the hexagon electrophilic attack generating new defects and introducing more oxygen, and then the tubes becoming thinner and shorter. (C) 2010 Elsevier B.V. All rights reserved.