XML 127 R119.htm IDEA: XBRL DOCUMENT
v3.23.3

Financial assets and liabilities (Details) - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022
--- | --- | ---
IfrsStatementLineItems [Line Items] |  |
Total current financial assets | $ 8,518 | $ 9,458
Non-current financial assets | 2,024 | 1,495
Financial assets | 10,542 | 10,953
Current financial liabilities | 7,751 | 6,622
Non-current financial liabilities | 18,324 | 17,791
Financial liabilities | 26,075 | 24,413
Cash And Cash Equivalents Current [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Total current financial assets | 4,983 | 4,736
Short Term Investment [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Total current financial assets | 46 | 61
Derivatives [member] |  |
IfrsStatementLineItems [Line Items] |  |
Total current financial assets | 522 | 342
Non-current financial assets | 559 | 196
Current financial liabilities | 47 | 90
Non-current financial liabilities | 98 | 186
Accounts Receivable Current [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Total current financial assets | 2,967 | 4,319
Judicial Deposits [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Non-current financial assets | 1,326 | 1,215
Restricted Cash [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Non-current financial assets | 108 | 77
Investments In Equity Securities Noncurrent [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Non-current financial assets | 31 | 7
Suppliers And Contractors Current [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Current financial liabilities | 5,240 | 4,461
Loans And Borrowings Current [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Current financial liabilities | 912 | 489
Non-current financial liabilities | 13,025 | 12,223
Government Grant [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Current financial liabilities | 611 | 416
Non-current financial liabilities | 2,673 | 2,554
Other Financial Liabilities [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Current financial liabilities | 187 | 400
Contract Liability [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Current financial liabilities | 754 | 766
Participative Stockholders Debentures Noncurrent [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Non-current financial liabilities | 2,528 | 2,725
Financial Guarantees [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Non-current financial liabilities |  | 103
Amortized cost |  |
IfrsStatementLineItems [Line Items] |  |
Total current financial assets | 5,407 | 5,274
Non-current financial assets | 1,434 | 1,292
Financial assets | 6,841 | 6,566
Current financial liabilities | 7,704 | 6,532
Non-current financial liabilities | 15,698 | 14,777
Financial liabilities | 23,402 | 21,309
Amortized cost | Cash And Cash Equivalents Current [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Total current financial assets | 4,983 | 4,736
Amortized cost | Accounts Receivable Current [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Total current financial assets | 424 | 538
Amortized cost | Judicial Deposits [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Non-current financial assets | 1,326 | 1,215
Amortized cost | Restricted Cash [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Non-current financial assets | 108 | 77
Amortized cost | Suppliers And Contractors Current [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Current financial liabilities | 5,240 | 4,461
Amortized cost | Loans And Borrowings Current [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Current financial liabilities | 912 | 489
Non-current financial liabilities | 13,025 | 12,223
Amortized cost | Government Grant [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Current financial liabilities | 611 | 416
Non-current financial liabilities | 2,673 | 2,554
Amortized cost | Other Financial Liabilities [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Current financial liabilities | 187 | 400
Amortized cost | Contract Liability [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Current financial liabilities | 754 | 766
Financial assets at fair value through profit or loss, category [member] |  |
IfrsStatementLineItems [Line Items] |  |
Total current financial assets | 3,111 | 4,184
Non-current financial assets | 559 | 196
Financial assets | 3,670 | 4,380
Financial assets at fair value through profit or loss, category [member] | Short Term Investment [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Total current financial assets | 46 | 61
Financial assets at fair value through profit or loss, category [member] | Derivatives [member] |  |
IfrsStatementLineItems [Line Items] |  |
Total current financial assets | 522 | 342
Non-current financial assets | 559 | 196
Financial assets at fair value through profit or loss, category [member] | Accounts Receivable Current [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Total current financial assets | 2,543 | 3,781
Financial assets measured at fair value through other comprehensive income, category [member] |  |
IfrsStatementLineItems [Line Items] |  |
Non-current financial assets | 31 | 7
Financial assets | 31 | 7
Financial assets measured at fair value through other comprehensive income, category [member] | Investments In Equity Securities Noncurrent [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Non-current financial assets | 31 | 7
Financial Liabilities At Fair Value Through Profit Or Loss Category Membe [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Current financial liabilities | 47 | 90
Non-current financial liabilities | 2,626 | 3,014
Financial liabilities | 2,673 | 3,104
Financial Liabilities At Fair Value Through Profit Or Loss Category Membe [Member] | Derivatives [member] |  |
IfrsStatementLineItems [Line Items] |  |
Current financial liabilities | 47 | 90
Non-current financial liabilities | 98 | 186
Financial Liabilities At Fair Value Through Profit Or Loss Category Membe [Member] | Participative Stockholders Debentures Noncurrent [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Non-current financial liabilities | $ 2,528 | 2,725
Financial Liabilities At Fair Value Through Profit Or Loss Category Membe [Member] | Financial Guarantees [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Non-current financial liabilities |  | $ 103

X
- Definition The amount of current financial assets. [Refer: Financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 25 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_25&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_CurrentFinancialAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of current financial liabilities. [Refer: Financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 25 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_25&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_CurrentFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity’s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity’s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity’s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity’s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity’s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity’s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 25 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_25&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_FinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of non-current financial assets. [Refer: Financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 25 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_25&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_NoncurrentFinancialAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of non-current financial liabilities. [Refer: Financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 25 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_25&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_NoncurrentFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | vale_FinancialAsset
Namespace Prefix: | vale_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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

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

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=vale_ShortTermInvestmentMember
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: |

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

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

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

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

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

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

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

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

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

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

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

X
- Details
Name: | ifrs-full_CategoriesOfFinancialAssetsAxis=vale_LoansAndReceivablesOrAmortizedCostMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialAssetsAxis=vale_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |