MMX Minas-Rio Celebrates Contract for Pipeline Construction

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Thu Apr 17, 2008 6:23pm EDT 

  RIO DE JANEIRO, BRAZIL, Apr 17 (MARKET WIRE) -- 
 MMX Mineracao e Metalicos S.A. (Bovespa: MMXM3) (TSX: XMM) ("MMX" or
"Company") hereby announces that its subsidiary MMX Minas-Rio Mineracao S.A.
("MMX Minas-Rio") has contracted Construcoes e Comercio Camargo Correa S.A. to
build
the slurry pipeline, part of the Minas-Rio System.

    The contract establishes the implementation of a duct system comprised of
welded steel pipes along the 525 km extension of the slurry pipeline. The
pipeline will leave the Conceicao do Mato Dentro municipality, located nearby
MMX
Minas-Rio's future iron ore concentration and beneficiation plant facilities, in
Alvorada de Minas, Minas Gerais State, and reach Port Acu, in Sao Joao da
Barra, Rio de Janeiro State, from where the production will be exported.

    The contracted company has initiated the construction works this week, and
the conclusion of the pipeline is scheduled for the first quarter of 2010.

    Nelson Jose Guitti Guimaraes

    Chief Financial and Investor Relations Officer

    



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