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v3.25.2

Investments in associates and joint ventures | 6 Months Ended
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Jun. 30, 2025
Investments In Associates And Joint Ventures |
Investments in associates and joint ventures | 14. Investments in associates and joint ventures
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).

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