The document summarizes agreements between MMX Mineração e Metálicos S.A. and Usiminas regarding iron ore shipments and mining. MMX and Usiminas signed a port services agreement for Usiminas to ship iron ore through MMX's Sudeste Superport, with volumes starting at 3 million metric tons per year and increasing to 12 million metric tons by 2016. They also signed a joint mining agreement to jointly mine the Pau de Vinho iron ore resource, estimated at over 800 million tons, with 13.5% of production going to Usiminas. MMX will be responsible for licensing, capital expenditures and operation of the Pau de Vinho mine, which is expected to produce 8

1. Agreement
with
Usiminas
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2. Disclaimer
This presentation relating to MMX Mineração e Metálicos S.A. (“MMX”) includes “forward-looking statements”, as that term is defined in the
Private Securities Litigation Reform Act of 1995, in Section 27A of the Securities Act of 1933 and Section 21E of the U.S. Securities Exchange
Act of 1934. All statements other than statements of historical facts are statements that could be deemed forward-looking statements and
are often characterized by the use of words such as “projects”, “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, “may”,
“will”, or “intends”, or by discussions or comments about our objectives, strategy, plans or intentions and results of operations. Forward-
looking statements include projections regarding our operating capacity, operating expenditures, capital expenditures and start-up dates.
By their nature, these forward-looking statements involve numerous assumptions, uncertainties and opportunities, both general and
specific. The risk exists that these statements may not be fulfilled or, even if they are fulfilled, the results or developments described in such
statements may not be indicative of results or developments in future periods. We caution participants of this presentation not to place
undue reliance on these forward-looking statements as a number of factors could cause future results to differ materially from these
statements.
Forward-looking statements may be influenced in particular by factors such as the ability to obtain all required regulatory approvals on a
timely basis or at all, exploration for mineral resources and reserves, difficulty in converting geological resources into mineral reserves, and
changes in economic, political and regulatory conditions. We caution that the foregoing list is not exhaustive. When relying on forward-
looking statements to make decisions, investors should carefully consider these factors as well as other uncertainties and events.
MMX does not undertake to update our forward-looking statements unless required by law. This presentation is neither an offer to sell
(which can only be made pursuant to definitive offering documents) nor a solicitation of an offer to buy any securities in the United States,
or any other jurisdiction. The securities referred to herein have not been registered in any jurisdiction, and in particular, will not be registered
under the U.S. Securities Act of 1933, as amended, or any applicable state securities laws and may not be offered or sold in the United
States absent registration or an applicable exemption from such registration requirements.
This presentation and its contents are proprietary information and may not be reproduced or otherwise disseminated in whole or in part
without MMX’s prior written consent.
Investor Relations
Roger Downey – CEO & IRO
Camila Anker– IR Manager
Rafaela Gunzburger – Analyst
Tel. + 55 21 2555-6197/ 6338 2
ri@mmx.com.br

3. Port Services Agreement Highlights
Usiminas signed an agreement to ship iron ore through Sudeste Superport
Handling fee: USD 12.63/ton adjusted by US-PPI
Volumes:
- 2012 = 3 Mtpy
- 2013 = 4 Mtpy
- 2014 = 8 Mtpy
- 2015 = 12 Mtpy
- 2016 = 12 Mtpy
80% Take-or-Pay
Sudeste Superport start-up is expected for 1Q12
In 2015, Sudeste Superport will reach 46 Mtpy (34 Mtpy from MMX and 12
Mtpy from Usiminas)
Usiminas can renew the agreement with a 24 month notice
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4. Serra Azul Complex
MMX is the natural consolidator in the region 4

5. Joint Mining Agreement Highlights
MMX and Usiminas signed an agreement to jointly mine the Pau de
Vinho resource
Pau de Vinho estimated resources: above 800 M tons
13.5% of production at Pau de Vinho will be delivered to Usiminas
MMX will be responsible for the licensing, CAPEX and operation
Pau de Vinho target production: 8 Mtpy
MMX owns the surface rights on the area to be mined at Pau de Vinho
MMX expects to obtain significant synergies with its current mining
operations
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6. MMX Sudeste: Connected to Sudeste
Super Port by MRS
MMX also has rights to use the Açu Superport 6

7. MMX Sudeste System: competitive high-grade
iron ore producer with efficient logistics
Sudeste Superport:
Fully licensed to 50 mtpy
Fully funded;
Can be expanded to 100
mtpy;
Shipments to start 1Q12.
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8. THANK YOU
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