XML 164 R137.htm IDEA: XBRL DOCUMENT
v3.21.1

Loans, borrowings, leases, cash and cash equivalents and short-term investments - Total debt (Details) - USD ($) $ in Millions | 12 Months Ended |
--- | --- | ---
Dec. 31, 2020 | Dec. 31, 2019
Loans and borrowings |  |
Current debt, accrued charges | $ 201 | $ 203
Non-current debt, accrued charges |  | 8
Current debt | 887 | 1,214
Non-current | 12,473 | 11,842
Notional amount | $ 1,296 |
EUR |  |
Loans and borrowings |  |
Average cost (as a percent) | 4.29% |
R$ |  |
Loans and borrowings |  |
Average cost (as a percent) | 2.99% |
Quoted in the secondary market | Bonds |  |
Loans and borrowings |  |
Borrowings, interest rate | 6.01% |
Non-current debt, before accrued charges | $ 7,448 | 5,948
Quoted in the secondary market | Eurobonds |  |
Loans and borrowings |  |
Borrowings, interest rate | 4.29% |
Non-current debt, before accrued charges | $ 920 | 843
Quoted in the secondary market | Debentures |  |
Loans and borrowings |  |
Borrowings, interest rate | 10.48% |
Current debt, before accrued charges | $ 107 | 374
Non-current debt, before accrued charges | $ 389 | 621
Debt contracts in Brazil | TJLP, TR, IPCA, IGP-M and CDI | R$ |  |
Loans and borrowings |  |
Borrowings, interest rate | 9.29% |
Current debt, before accrued charges | $ 320 | 276
Non-current debt, before accrued charges | $ 540 | 1,056
Debt contracts in Brazil | Basket of currencies and bonds in US$ indexed to LIBOR |  |
Loans and borrowings |  |
Borrowings, interest rate | 2.31% |
Current debt, before accrued charges | $ 45 | 44
Non-current debt, before accrued charges | $ 11 | 56
Debt contracts in Brazil | Fixed interest | R$ |  |
Loans and borrowings |  |
Borrowings, interest rate | 2.86% |
Current debt, before accrued charges | $ 20 | 43
Non-current debt, before accrued charges | $ 14 | 45
Debt contracts in the international markets | US$ |  |
Loans and borrowings |  |
Borrowings, interest rate | 2.24% |
Current debt, before accrued charges | $ 182 | 260
Non-current debt, before accrued charges | $ 3,044 | 2,934
Debt contracts in the international markets | EUR |  |
Loans and borrowings |  |
Non-current debt, before accrued charges |  | 225
Debt contracts in the international markets | Fixed interest | Other currencies |  |
Loans and borrowings |  |
Borrowings, interest rate | 3.17% |
Current debt, before accrued charges | $ 12 | 14
Non-current debt, before accrued charges | $ 107 | $ 106

X
- Definition The interest rate on borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 7 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_7&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_BorrowingsInterestRate
Namespace Prefix: | ifrs-full_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of current borrowings and current portion of non-current borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_55&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The non-current portion of non-current borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_55&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_LongtermBorrowings
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The nominal or face amount of a financial instrument, used to calculate payments made on that instrument. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_112_c&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_NotionalAmount
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of current borrowings and current portion of non-current borrowings accrued charges. + References No definition available. + Details
Name: | vale_CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsAccruedCharges
Namespace Prefix: | vale_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of gross current borrowings and current portion of non-current borrowings. + References No definition available. + Details
Name: | vale_CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross
Namespace Prefix: | vale_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The average cost of borrowings, including cost of derivative transactions to mitigate exposure to cash flow variations of debt. + References No definition available. + Details
Name: | vale_DebtAverageCost
Namespace Prefix: | vale_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The non-current portion of gross non-current borrowings. + References No definition available. + Details
Name: | vale_LongtermBorrowingsGross
Namespace Prefix: | vale_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition It represent non current borrowings and current portion of non current borrowings accrued charges. + References No definition available. + Details
Name: | vale_NonCurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsAccruedCharges
Namespace Prefix: | vale_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | srt_CurrencyAxis=currency_EUR
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_BRL
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=vale_QuotedInSecondaryMarketMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=us-gaap_BondsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=vale_EurobondsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=vale_DebenturesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=vale_DebtContractBrazilMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfInterestRatesAxis=vale_TjlpTrIpcaIgpMAndCdiMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfInterestRatesAxis=vale_LiborMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=vale_DebtContractsInternationalMarketsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_USD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=vale_CurrenciesOtherThanUSDollarAndBrazilianRealMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |