Contact Information: MMX Mineração e Metálicos S.A. Roger Downey Investor Relations Officer Priscylla Setimi Investor Relations Tel.: (55 21) 2555-5558
LLX Obtains the Construction License for Port Sudeste
| Source: MMX Mineracao e Metalicos S.A.
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.