Exhibit 8

List of Subsidiaries

	Jurisdiction of
Subsidiary	organization	Commonly referred to as
1. CVRD Overseas Ltd.	Cayman Islands	CVRD Overseas
2. Minerações Brasileiras Reunidas S.A. — MBR	Brazil	MBR
3. Vale Inco Limited	Canada	Vale Inco
4. Vale International S.A.	Switzerland	Vale International