| Schedule
of investment in associated and joint ventures |
|
|
|
|
|
|
|
| Associates and joint ventures |
% ownership |
December 31, 2024 |
Equity results in income statement |
Dividends declared |
Translation adjustment |
Other |
June 30, 2025 |
| Iron Solutions |
|
|
|
|
|
|
|
| Anglo American Minério de Ferro Brasil S.A |
15.00 |
663 |
31 |
(37) |
- |
4 |
661 |
| Companhia Coreano-Brasileira de Pelotização |
50.00 |
75 |
7 |
(6) |
10 |
– |
86 |
| Companhia Hispano-Brasileira de Pelotização |
50.89 |
42 |
4 |
(4) |
6 |
(1) |
47 |
| Companhia Ítalo-Brasileira de Pelotização |
50.90 |
61 |
4 |
– |
9 |
5 |
79 |
| Companhia Nipo-Brasileira de Pelotização |
51.00 |
129 |
10 |
– |
18 |
1 |
158 |
| MRS Logística S.A. |
49.01 |
591 |
66 |
– |
83 |
(1) |
739 |
| VLI S.A. |
29.60 |
341 |
36 |
(15) |
45 |
– |
407 |
| Samarco Mineração S.A. (note 24) |
50.00 |
– |
– |
– |
– |
– |
– |
| Vale Oman Distribution Center |
50.00 |
616 |
13 |
(20) |
– |
– |
609 |
| Other |
– |
20 |
– |
– |
1 |
(21) |
– |
| |
|
2,538 |
171 |
(82) |
172 |
(13) |
2,786 |
| Energy Transition Metals |
|
|
|
|
|
|
|
| PT Vale Indonesia Tbk |
33.88 |
1,885 |
(7) |
(12) |
– |
– |
1,866 |
| |
|
1,885 |
(7) |
(12) |
– |
– |
1,866 |
| Others |
|
|
|
|
|
|
|
| Aliança Norte Energia Participações S.A. |
51.00 |
74 |
(10) |
– |
9 |
– |
73 |
| Other |
|
50 |
2 |
(1) |
7 |
1 |
59 |
| |
|
124 |
(8) |
(1) |
16 |
1 |
132 |
| Equity results in associates and joint ventures |
|
4,547 |
156 |
(95) |
188 |
(12) |
4,784 |
| Other results in associates and joint ventures (i) |
|
|
(165) |
|
|
|
|
| Equity results and other results in associates and joint ventures |
|
|
(9) |
|
|
|
|
(i) It refers substantially to the addition in the provision
related to Samarco dam failure (note 24b).