XML 119 R111.htm IDEA: XBRL DOCUMENT
v3.23.3

Financial and capital risk management - Sensitivity analysis of derivative financial instruments (Details 5) bbl in Millions, $ in Millions | 6 Months Ended |
--- | --- | ---
Jun. 30, 2023 USD ($) bbl | Dec. 31, 2022 USD ($) bbl
Bunker Oil Call Options Bought [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Notional amount per barrel | bbl | 31,139,250 | 22,600,500
Average strike per ton | 95 |
Fair value of liabilities | $ 68 | $ 74
Value at risk | 15 |
Financial settlement inflows outflows | 13 |
Bunker Oil Call Options Bought [Member] | Not later than one year [member] |  |
IfrsStatementLineItems [Line Items] |  |
Value at risk | 6 |
Bunker Oil Call Options Bought [Member] | Later than one year [member] |  |
IfrsStatementLineItems [Line Items] |  |
Value at risk | $ 62 |
Bunker Oil Put Options Sold [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Notional amount per barrel | bbl | 31,139,250 | 22,600,500
Average strike per ton | 62 |
Fair value of liabilities | $ (71) | $ (51)
Value at risk | 16 |
Bunker Oil Put Options Sold [Member] | Not later than one year [member] |  |
IfrsStatementLineItems [Line Items] |  |
Value at risk | (23) |
Bunker Oil Put Options Sold [Member] | Later than one year [member] |  |
IfrsStatementLineItems [Line Items] |  |
Value at risk | $ (48) |
Bunker Oil Forwards Contract Bought [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Notional amount per barrel | bbl | 960 | 2,085
Average strike per ton | 13,791 |
Fair value of liabilities | $ 2 | $ (1)
Value at risk | 1 |
Financial settlement inflows outflows | 3 |
Bunker Oil Forwards Contract Bought [Member] | Freight Forwards [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Value at risk | 2 |
Forward Freight [Member] |  |
IfrsStatementLineItems [Line Items] |  |
Fair value of liabilities | (1) | $ 22
Value at risk | 32 |
Financial settlement inflows outflows | 3 |
Forward Freight [Member] | Not later than one year [member] |  |
IfrsStatementLineItems [Line Items] |  |
Value at risk | (15) |
Forward Freight [Member] | Later than one year [member] |  |
IfrsStatementLineItems [Line Items] |  |
Value at risk | $ 14 |

X
- Definition The amount of financial liabilities classified as derivative instruments. [Refer: Financial assets; Derivatives [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_55&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DerivativeFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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

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

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

X
- References No definition available. + Details
Name: | vale_NotionalAmountPerBarrel
Namespace Prefix: | vale_
Data Type: | dtr-types:volumeItemType
Balance Type: | na
Period Type: | instant

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

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

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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

X
- Details
Name: | ifrs-full_MaturityAxis=vale_FreightForwardsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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