XML 115 R103.htm IDEA: XBRL DOCUMENT
v3.21.2

Loans, borrowings, cash and cash equivalents and short-term investments - Total Debt (Details) - USD ($) $ in Millions | 6 Months Ended |
--- | --- | ---
Jun. 30, 2021 | Dec. 31, 2020
Loans and borrowings |  |
Current debt, accrued charges | $ 156 | $ 201
Current debt | 809 | 887
Non-current debt | 11,345 | 12,473
Notional amount | 1,559 | 1,557
R$ |  |
Loans and borrowings |  |
Notional amount | $ 892 |
Average cost (as a percent) | 2.92% |
Quoted in the secondary market | Bonds | Floating rate | US$ |  |
Loans and borrowings |  |
Borrowings, interest rate | 6.01% |
Non-current debt, before accrued charges | $ 7,448 | 7,448
Quoted in the secondary market | Eurobonds | Floating rate | EUR |  |
Loans and borrowings |  |
Non-current debt, before accrued charges |  | 920
Quoted in the secondary market | Debentures | Fixed interest | US$ |  |
Loans and borrowings |  |
Borrowings, interest rate | 10.48% |
Current debt, before accrued charges | $ 50 | 107
Non-current debt, before accrued charges | $ 378 | 389
Debt contracts in Brazil | Fixed interest | R$ |  |
Loans and borrowings |  |
Borrowings, interest rate | 2.76% |
Current debt, before accrued charges | $ 19 | 20
Non-current debt, before accrued charges | $ 6 | 14
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 | $ 128 | 320
Non-current debt, before accrued charges | $ 332 | 540
Debt contracts in Brazil | Bonds | LIBOR | Basket of currencies and US$ |  |
Loans and borrowings |  |
Borrowings, interest rate | 2.32% |
Current debt, before accrued charges | $ 33 | 45
Non-current debt, before accrued charges |  | 11
Debt contracts in the international markets | Floating rate | Other currencies |  |
Loans and borrowings |  |
Borrowings, interest rate | 4.09% |
Current debt, accrued charges | $ 86 |
Non-current debt, accrued charges | $ 10 |
Debt contracts in the international markets | Fixed interest | US$ |  |
Loans and borrowings |  |
Borrowings, interest rate | 2.26% |
Current debt, before accrued charges | $ 325 | 182
Non-current debt, before accrued charges | $ 3,073 | 3,044
Debt contracts in the international markets | Fixed interest | Other currencies |  |
Loans and borrowings |  |
Borrowings, interest rate | 3.35% |
Current debt, before accrued charges | $ 12 | 12
Non-current debt, before accrued charges | $ 98 | $ 107

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 non-current borrowings accrued charges. [Refer: Borrowings] + References No definition available. + Details
Name: | vale_LongtermBorrowingsAccruedCharges
Namespace Prefix: | vale_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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
- 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_TypesOfInterestRatesAxis=ifrs-full_FloatingInterestRateMember
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: | ifrs-full_ClassesOfFinancialInstrumentsAxis=vale_EurobondsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_EUR
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_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember
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: | srt_CurrencyAxis=vale_UsDollarAndBasketOfCurrenciesOtherThanBrazilianRealMember
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=vale_CurrenciesOtherThanUSDollarAndEuroMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |