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Inventories

6 Months Ended

Jun. 30, 2023

Notes and other explanatory information [abstract]

Inventories

11. Inventories

Schedule of inventories
		June 30, 2023		December 31, 2022
Finished products
Iron Solutions		2,638		2,126
Energy Transition Metals		638		651
		3,276		2,777
Work in progress		901		800
Consumable inventory		1,157		1,010
Allowance to net realizable value (i)		(141)		(105)
Total of inventories		5,193		4,482

(i) In the six-month period ended June 30, 2023, the effect of allowance to net realizable value was US$47 (2022: US$22).

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- Definition

The entire disclosure for inventories.

+ References

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