XML 104 R58.htm IDEA: XBRL DOCUMENT
v3.23.1

Liabilities related to associates and joint ventures (Policies) | 12 Months Ended
--- | ---
Dec. 31, 2022
Liabilities Related To Associates And Joint Ventures |
Under Brazilian legislation and the terms of the joint venture agreement | Under Brazilian legislation and the terms of the joint venture agreement, the Company does not have an obligation to provide funding to Samarco. Accordingly, the Company’s investment in Samarco was fully impaired and no provision was recognized in relation to the Samarco’s negative equity. The provision related to Renova Foundation requires the use of assumptions that may be mainly affected by: (i) changes in scope of work required under the Framework Agreement as a result of further technical analysis and the ongoing negotiations with the Federal Prosecution Office, (ii) activity level of Samarco´s operations; (iii) updates of the discount rate; and (iv) resolution of existing and potential legal claims. Moreover, the main critical assumptions and estimates applied in the Germano dam provision considers, among others: (i) volume of the waste to be removed based on historical data available and interpretation of the enacted laws and regulations; (ii) location availability for the tailings disposal; and (iii) acceptance by the authorities of the proposed engineering methods and solution. As a result, future expenditures may differ from the amounts currently provided and changes to key assumptions could result in a material impact to the amount of the provision in future reporting periods. At each reporting period, the Company reassess the key assumptions used by Samarco in the preparation of the projected cash flows and adjust the provision, if required.

X
- References No definition available. + Details
Name: | vale_DescriptionOfAccountingPolicyForUnderBrazilianLegislationPolicyTextBlock
Namespace Prefix: | vale_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | vale_DisclosureLiabilitiesRelatedToAssociatesAndJointVenturesAbstract
Namespace Prefix: | vale_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration