RIO DE JANEIRO, BRAZIL, August 22 /CNW/ - MMX Mineracao e Metalicos S.A.
(BOVESPA:MMXM3)(TSX:XMM)(Pink Sheets: MMXMY)("MMX" or "Company") hereby
announces, further to the public announcement made on July 30, 2007, that
Sojitz Corporation ("Sojitz"), a Japanese trading company with worldwide
presence, has entered into a new long-term supply agreement with MMX Minas-Rio
Mineracao S.A. for the purchase of an additional volume of 1 million tons of
pellet feed per year on a dry basis.
With this additional volume, Sojitz has increased its offtake of pellet
feed purchased from the MMX Minas-Rio System to 12 million tons of pellet feed
per year, on a dry basis, which is equivalent to 13.2 million tons on a wet
As a result, MMX Minas-Rio Mineracao S.A. has built up a total contracted
volume of 21.5 million tons of pellet feed (wet basis) per annum, an amount in
excess of the MMX Minas-Rio lenders' requirements of long-term contracts.
Rio de Janeiro, August 22, 2007.
For further information:
For further information: MMX - Investor Relations Elizabeth Cruz, 55 21
2555-5634 or Gina Pinto, 55 21 2555-5558 email@example.com www.mmx.com.br/ri