XML 57 R48.htm IDEA: XBRL DOCUMENT v3.24.3
Investments in associates and joint ventures (Tables)
6 Months Ended
Jun. 30, 2024
Investments In Associates And Joint Ventures  
Schedule of investments in associates and joint ventures
               
Associates and joint ventures % ownership December 31, 2023 Equity results in income statement Dividends declared Translation adjustment Fair value remeasurement (i) Other June 30, 2024
Iron Solutions                
Baovale Mineração S.A. 50.00 28 1 (1) (4) - (1) 23
Companhia Coreano-Brasileira de Pelotização 50.00 73 13 - (10) - - 76
Companhia Hispano-Brasileira de Pelotização 50.89 49 8 (6) (7) - - 44
Companhia Ítalo-Brasileira de Pelotização 50.90 63 8 - (9) - 6 68
Companhia Nipo-Brasileira de Pelotização 51.00 150 19 (8) (20) - - 141
MRS Logística S.A. 49.01 640 70 - (88) - - 622
VLI S.A. 29.60 346 48 - (48) - - 346
Samarco Mineração S.A. (note 24) 50.00 - - - - - - -
    1,349 167 (15) (186) - 5 1,320
Energy Transition Metals                
PT Vale Indonesia Tbk 33.88 - - - - 1,910 - 1,910
    - - - - 1,910 - 1,910
Others                
Aliança Geração de Energia S.A. 55.00 356 17 - (50) - 19 342
Aliança Norte Energia Participações S.A. 51.00 106 (5) - (13) - - 88
Other   61 1 (1) (8) - 2 55
    523 13 (1) (71) - 21 485
Equity results in associates and joint ventures   1,872 180 (16) (257) 1,910 26 3,715
Other results in associates and joint ventures   - 56 - - - - -
Equity results and other results in associates and joint ventures   - 236 - - - - -

 

(i) It refers to the remeasurement at fair value of the remaining stake held by Vale on PT Vale Indonesia Tbk, after the closing of the divestment transaction (note 15a).