RIO DE JANEIRO, BRAZIL--(Marketwire - January 21, 2010) - In compliance with article 157 of
Law # 6404/76 and with provisions of Instruction 358/02 of the Brazilian
Securities Commission (Comissão de Valores Mobiliários, or "CVM"), MPX
Energia S.A. ("MPX" or "the Company") (BOVESPA: MPXE3) hereby informs that,
pursuant to its business plan, a logistics solution to its integrated
mining system in Colombia was secured. The Company acquired 521 hectars in
the Dibulla region, Department of La Guajira, as per study conducted by
Moffat & Nicol, a US company specialized in port solutions.
The area acquired is located in the Colombian Atlantic Coast, at
approximately 150 km from MPX's concession areas. The environmental
licensing process for a 20-meter draft port, which will allow capesize
cargo ships to berth, with capacity to export up to 20 million tons of coal
annually, has already been initiated.
A second technical report of coal resources and reserves, by John T. Boyd,
will be concluded in March, 2010. The start-up of the mines is foreseen for
the second half of 2011.
Given the successful results obtained so far in the drilling campaign and
the assurance of a logistics solution for exporting coal, MPX now controls
an important integrated coal mining system in Colombia, which will supply
the Brazilian and international markets.
Rio de Janeiro, January 21, 2010.
Eduardo Karrer
CEO and IR Officer
Contact Information: Investor Relations:
Flavia Heller
+55 21 2555-4244
Daniel Haddad
+55 21 2555-4015
ri.mpx@mpx.com.br
www.mpx.com.br/ri
Press:
Roberto Gonzales
+55 21 2555-4695
+55 21 8011-0101