XML 156 R129.htm IDEA: XBRL DOCUMENT
v3.21.1

Financial and capital risk management - Financial counterparties' ratings (Details) $ in Millions | 12 Months Ended |
--- | --- | ---
Dec. 31, 2020 USD ($) facility | Dec. 31, 2019 USD ($)
Revolving credit facilities |  |
Disclosure of external credit grades [line items] |  |
Number of facility | facility | 2 |
Available amount | $ 5,000 |
Cash and cash equivalents |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 14,258 | $ 8,176
Cash and cash equivalents | Aa1 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 2,210 | 31
Cash and cash equivalents | Aa2 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 363 | 1
Cash and cash equivalents | Aa3 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 1,681 | 202
Cash and cash equivalents | A1 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 2,812 | 1,468
Cash and cash equivalents | A2 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 4 | 2,740
Cash and cash equivalents | A3 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 5 | 109
Cash and cash equivalents | Baa1 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 4 | 5
Cash and cash equivalents | Baa2 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 1 | 47
Cash and cash equivalents | Baa3 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure |  | 1
Cash and cash equivalents | Ba1 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 2,986 |
Cash and cash equivalents | Ba2 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 4,189 | 835
Cash and cash equivalents | Ba3 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure |  | 2,735
Cash and cash equivalents | Others |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 3 | 2
Derivative financial instruments (note 19) |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 200 | 472
Derivative financial instruments (note 19) | Aa1 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 36 |
Derivative financial instruments (note 19) | Aa2 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 15 | 11
Derivative financial instruments (note 19) | Aa3 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 41 | 46
Derivative financial instruments (note 19) | A1 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 21 |
Derivative financial instruments (note 19) | A2 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 20 | 138
Derivative financial instruments (note 19) | A3 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 36 | 105
Derivative financial instruments (note 19) | Baa3 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure |  | 117
Derivative financial instruments (note 19) | Ba2 |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | 6 |
Derivative financial instruments (note 19) | Others |  |
Disclosure of external credit grades [line items] |  |
Credit exposure | $ 25 | $ 55

X
- Definition The amount of exposure to loss resulting from credit risk. [Refer: Credit risk [member]] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Note Expiry date 2021-01-01 -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph IG24 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_IG24_a&doctype=Implementation%20Guidance&book=b -URIDate 2020-01-01 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Note Expiry date 2021-01-01 -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph IG25 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_IG25_b&doctype=Implementation%20Guidance&book=b -URIDate 2020-01-01 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Note Expiry date 2021-01-01 -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 36 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_36_c&doctype=Standard&book=b -URIDate 2020-01-01 + Details
Name: | ifrs-full_CreditExposure
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
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_DisclosureOfExternalCreditExposuresLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility. + References No definition available. + Details
Name: | vale_IfrsLineOfCreditFacilityCurrentBorrowingCapacity
Namespace Prefix: | vale_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the number of facility. + References No definition available. + Details
Name: | vale_NumberOfFacility
Namespace Prefix: | vale_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

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

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=vale_CashAndCashEquivalentsCurrentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=srt_MoodysAa1RatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=srt_MoodysAa2RatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=srt_MoodysAa3RatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=srt_MoodysA1RatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=srt_MoodysA2RatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=srt_MoodysA3RatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=srt_MoodysBaa1RatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=srt_MoodysBaa2RatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=srt_MoodysBaa3RatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=srt_MoodysBa1RatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=srt_MoodysBa2RatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=srt_MoodysBa3RatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=vale_MoodySOtherRatingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_DerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |