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Consolidated Income Statement - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Continuing operations      
Net operating revenue $ 41,784 $ 43,839 $ 54,502
Cost of goods sold and services rendered (24,089) (24,028) (21,729)
Gross profit 17,695 19,811 32,773
Operating expenses      
Selling and administrative (553) (515) (481)
Research and development (723) (660) (549)
Pre-operating and operational stoppage (450) (479) (648)
Other operating expenses, net (1,498) (1,722) (2,976)
Impairment reversal (impairment) and results on disposal of non-current assets, net (266) 773 (426)
Operating income 14,205 17,208 27,693
Financial income 432 520 337
Financial expenses (1,459) (1,179) (1,249)
Other financial items, net (919) 2,927 4,031
Equity results and other results in associates and joint ventures (1,108) 305 (1,271)
Income before income taxes 11,151 19,781 29,541
Income taxes (3,046) (2,971) (4,697)
Net income from continuing operations 8,105 16,810 24,844
Net income attributable to noncontrolling interests 122 82 108
Net income from continuing operations attributable to Vale's shareholders 7,983 16,728 24,736
Discontinued operations      
Net income (loss) from discontinued operations 2,060 (2,376)
Loss attributable to noncontrolling interests (85)
Net income (loss) from discontinued operations attributable to Vale's shareholders 2,060 (2,291)
Net income 8,105 18,870 22,468
Net income attributable to noncontrolling interests 122 82 23
Net income attributable to Vale's shareholders $ 7,983 $ 18,788 $ 22,445