RIO DE JANEIRO, BRAZIL, December 20 /CNW/ - MMX Mineracao e Metalicos
S.A. ("MMX" or the "Company") (Bovespa:MMXM3) (TSX:XMM) (Pink Sheets: MMXMY),
pursuant to article 157 of Law 6404/76, and CVM Instruction No. 358/02, hereby
announces that MMX Amapa Mineracao Ltda. ("MMX Amapa"), a subsidiary of the
Company, has begun commercial operations in the MMX Amapa System.
MMX Amapa's first iron ore shipment to GIIC (Gulf Industrial Corporation)
is scheduled for the last week of December 2007. Key licenses have been
granted to enable commercial operations and scheduled shipment. The
construction and land clearance licenses were granted on August 16 and
September 25, 2006, respectively. Thereafter construction began.
More recently, the operating license was issued on December 14, 2007, by
the Amapa State Environmental Secretariat, authorizing MMX Amapa System
operations. These operations include the iron ore mining project's
ore-processing installations and infrastructure of the MMX Amapa System.
The MMX Amapa System infrastructure includes the Amapa Railway and the
Port of Santana. The Amapa Railway is operated under a 20-year concession
agreement that was entered into with the State of Amapa by a subsidiary of MMX
Amapa in March 2006. The Port of Santana is now in its operational phase,
fully equipped to receive, unload, stock and load ships with the MMX Amapa's
iron ore production. This port was rebuilt and modernized by MMX Amapa.
For more information, please contact firstname.lastname@example.org.
Rio de Janeiro, December 19, 2007
Luiz Rodolfo Landim Machado
Executive President and Investor Relations Officer
MMX Mineracao e Metalicos S.A.
For further information:
For further information: MMX Mineracao e Metalicos S.A. Investor
Relations: Elizabeth Cruz, 55 21 2555-5634 or Gina Pinto, 55 21 2555-5558