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YRC Logistics, a subsidiary of YRC Worldwide Inc., announced a new three-year service agreement with Minera Chinalco Peru S.A. for logistics activities supporting the construction of the Toromocho Project. The company will begin moving materials in late 2009 and anticipates copper production beginning  the first quarter of 2012.

The Toromocho Project is a large copper-molybdenum open-pit mine, located in the mountainous region east of Lima, expected to last 25 years. Production is projected at 273,000 tons of copper annually, generating an estimated 25 percent increase in copper production in the region. Currently, prices for copper are up, due to strong demand in the Chinese manufacturing sector.

YRC Logistics will manage the project door-to-door using a dedicated staff located in Lima, and is supported by the company's operations in Houston, Los Angeles, and Miami in the U.S., and China and Europe. Chinalco Peru, Inc., an exploration-stage company, engages in the acquisition and exploration of mineable deposits of copper in Peru.

Previously known as Peru Copper, Inc., Chinalco Peru became a subsidiary of Aluminum Corporation of China (CHINALCO), the largest diversified metals and mining company in China, on July 31, 2007.

YRC Worldwide Inc., is a Fortune 500 company and one of the largest transportation service providers in the world, and is the holding company for a portfolio of successful brands including YRC, YRC Reimer, YRC Glen Moore, YRC Logistics, New Penn, Holland and Reddaway.

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