Contact Information: Contact Information MMX Mineração e Metálicos S.A. Chequer Hanna Bou Habib Investor Relations Officer Priscylla Setimi Investor Relations Tel.: (55 21) 2555-5558 ri@mmx.com.br
MMX Announces That LLX Obtains Environmental License for Port Sudeste
| Source: MMX Mineracao e Metalicos S.A.
RIO DE JANEIRO, BRAZIL--(Marketwire - April 13, 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 preliminary
environmental license for the construction of "Port Sudeste," a port
terminal with a capacity of 50 million tons of iron ore per year.
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 Sudeste Port has already secured eligibility for long term financing
from BNDES, as announced by LLX in April 02, 2009, and the project is
evolving according to the expected schedule. 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.