January 03, 2008 15:32 ET

MMX Amapá Commences the Loading of Its First Iron Ore Shipment

RIO DE JANEIRO, BRAZIL--(Marketwire - January 3, 2008) - MMX Mineração e Metálicos S.A. (BOVESPA: MMXM3) (TSX: XMM) ("MMX" or the "Company") announces that MMX Amapá, a 70% subsidiary of the Company, commenced on December 31, 2007 the loading of its first iron ore shipment headed for GIIC - Gulf Industrial Investment Corporation, of Bahrain. The iron ore shipment fulfills the contracted quality required by GIIC for direct reduction use.

The loading of MMX Amapá's first iron ore shipment marks the accomplishment of one more project by MMX and the successful completion of one more stage in the consolidation of its projects.

For further information, please contact

Luiz Rodolfo Landim Machado
Executive President and Investor Relations Officer
MMX Mineração e Metálicos S.A.

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