SOURCE: MMX Mineracao e Metalicos S.A.

MMX Mineracao e Metalicos S.A.

August 03, 2009 17:55 ET

LLX Obtains the Construction License for Port Sudeste

RIO DE JANEIRO, BRAZIL--(Marketwire - August 3, 2009) - MMX Mineração e Metálicos S.A. (BOVESPA: MMXM3) hereby informs its shareholders and the market in general that LLX Logística S.A. ("LLX"), through its subsidiary LLX Sudeste Operações Portuárias Ltda. ("LLX Sudeste"), obtained the construction license for the construction of "Port Sudeste," a port terminal with a capacity of 50 million tons of iron ore per year. This license is the precedent condition for the beginning of the port construction, which is scheduled to begin in the second half of 2009.

Located in the municipality of Itaguaí, 80 km from the city of Rio de Janeiro and only 4 km away from MRS railway network, Port Sudeste will handle the production from MMX's Sudeste System ("MMX Sudeste") mines located at Minas Gerais State. The long-term contract for land lease and iron ore handling at Sudeste Port has already been executed with LLX and will serve all MMX Sudeste export capacity.

The MMX Sudeste System, together with the LLX Sudeste Port, represents a competitive integrated solution in Brazil of high quality iron ore mining coupled with independent, efficient and secure logistics to export its production.

To see the complete Material Fact, access www.llx.com.br/ir.

Contact Information

  • MMX Mineração e Metálicos S.A.

    Roger Downey
    Investor Relations Officer

    Priscylla Setimi
    Investor Relations
    Tel.: (55 21) 2555-5558