RIO DE JANEIRO, BRAZIL (TSX: XMM) ("MMX" or "Company"), further to the Material Fact Notice dated August 6, 2007, hereby announces that MMX Met�licos Corumb� Ltda. ("MMX Corumb�"), a 99.9% subsidiary of the Company, has received the Operating Permit no 476/2007, which authorizes MMX Corumb� to initiate the industrial operations of the second blast furnace of its Pig Iron Plant in Corumb�, Mato Grosso do Sul. The operating license was granted by the competent State Environmental Institute of Mato Grosso do Sul.

As a result, MMX Corumb� commenced today the commercial operation of its second blast furnace and should reach full pig-iron production capacity (400,000 tons per year in total) in the first quarter of 2008.

For additional information, please contact ri@mmx.com.br.

Luiz Rodolfo Landim Machado
Executive President and Investor Relations Officer
MMX Minera��o e Met�licos S.A.

MMX - Investor Relations Elizabeth Cruz / Gina Pinto Tel. 55 21 2555-5634 / 2555-5558 Email Contact www.mmx.com.br/ri

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