v3.26.1
Related parties (Tables)
6 Months Ended
Jun. 30, 2026
Related Parties  
Schedule of transactions with related parties
           
Three-month period ended June 30, 2026 2025
  Net operating revenue Cost and other operating revenues and expenses Financial result Net operating revenue Cost and other operating revenues and expenses Financial result
Associates and Joint Ventures            
Pelletizing companies (i) – (46) (8) – (3) (10)
MRS Logística S.A. – (128) – – (112) –
Norte Energia S.A. – (25) – – (15) –
Vale Oman Distribution Center – (86) – – (62) –
VLI 94 (9) – 97 (10) (1)
PTVI – (154) – – (138) –
Anglo American – (94) 5 – (48) 7
Aliança Geração de Energia S.A. – (49) – – – –
Others 7 – – 9 – (6)
  101 (591) (3) 106 (388) (10)
Shareholders            
Bradesco – – (22) – – 105
Mitsui 30 – – 27 – –
Cosan – – – 1 (8) –
Banco do Brasil – – 27 – – –
  30 – 5 28 (8) 105
Total 131 (591) 2 134 (396) 95

 

Six-month period ended June 30, 2026 2025
  Net operating revenue Cost and other operating revenues and expenses Financial result Net operating revenue Cost and other operating revenues and expenses Financial result
Associates and Joint Ventures            
Pelletizing companies (i) – (77) (17) – (29) (20)
MRS Logística S.A. – (217) – – (214) –
Norte Energia S.A. – (52) – – (28) –
Vale Oman Distribution Center – (127) – – (127) –
VLI 173 (17) – 165 (22) (2)
PTVI – (313) – – (297) –
Anglo American – (166) 9 – (48) 7
Aliança Geração de Energia S.A. – (107) – – – –
Others 14 – – 16 – (3)
  187 (1,076) (8) 181 (765) (18)
Shareholders            
Bradesco – – 18 – – 234
Mitsui 64 – – 61 – –
Cosan – – – 8 (16) –
Banco do Brasil – – 53 – – –
  64 – 71 69 (16) 234
Total 251 (1,076) 63 250 (781) 216

(i) Aggregated entities: Companhia Coreano-Brasileira de Pelotização, Companhia Hispano-Brasileira de Pelotização, Companhia Ítalo-Brasileira de Pelotização and Companhia Nipo-Brasileira de Pelotização.

Schedule of outstanding balances with related parties
           
  Assets
  June 30, 2026 December 31, 2025
  Cash and cash equivalents Accounts receivable Dividends receivable and other assets Cash and cash equivalents Accounts receivable Dividends receivable and other assets
Associates and Joint Ventures            
Pelletizing companies (i) – – – – – 7
MRS Logística S.A. – – 43 – – 9
VLI – 74 – – 41 –
PTVI – – – – 1 –
Anglo American – – 253 – – 254
Others – 7 9 – 6 9
  – 81 305 – 48 279
Shareholders            
Bradesco 786 – 78 1,003 – 82
Banco do Brasil 41 – 63 186 – 9
Mitsui – 28 – – 49 –
  827 28 141 1,189 49 91
Pension plan – 27 – – 18 –
Total 827 136 446 1,189 115 370

 

 

  Liabilities
  June 30, 2026 December 31, 2025
  Supplier and contractors Other liabilities Supplier and contractors Other liabilities
Associates and Joint Ventures        
Pelletizing companies (i) 66 216 28 235
MRS Logística S.A. 19 – 25 –
Vale Oman Distribution Center 45 – 49 –
VLI 2 113 3 81
PTVI 50 – 58 –
Anglo American 55 – 28 –
Others 40 – 43 –
  277 329 234 316
Shareholders        
Bradesco – – – 24
Banco do Brasil – 1 – –
  – 1 – 24
Total 277 330 234 340

(i) Aggregated entities: Companhia Coreano-Brasileira de Pelotização, Companhia Hispano-Brasileira de Pelotização, Companhia Ítalo-Brasileira de Pelotização and Companhia Nipo-Brasileira de Pelotização.