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Cash flows reconciliation (Tables)
12 Months Ended
Dec. 31, 2024
Cash Flows Reconciliation  
Schedule of cash flow from operating activities
       
    Year ended December 31,
  Notes 2024 2023 2022
Cash flow from operating activities:        
Income before income taxes   6,696 11,151 19,781
Adjusted for:        
Equity results and other results in associates and joint ventures 16 269 1,108 (305)
(Impairment), reversal of impairment and gains (losses) on disposal of non-current assets, net 20 (301) 266 (773)
Provisions related to Brumadinho 26 116 461 400
Provision for de-characterization of dams 28 (206) 153 72
Depreciation, depletion and amortization   3,057 3,070 3,171
Financial results, net 7 3,823 1,946 (2,268)
Changes in assets and liabilities:        
Accounts receivable 12 1,668 197 (325)
Inventories 13 (549) (214) 45
Suppliers and contractors 14 (360) 637 495
Other assets and liabilities, net   (446) (1,523) (1,531)
Cash flow from operations   13,767 17,252 18,762
Schedule of cash flow from investing activities
       
    Year ended December 31,
  Notes 2024 2023 2022
Cash paid for the purchase of Anglo American Brasil shares 17(a) (30) - -
Proceeds from partial disposal of VODC shares 17(b) 600 - -
Cash paid for the acquisition of Aliança Energia shares 17(c) (493) - -
Proceeds from the partial disposal of PTVI shares 17(d) 155 - -
Proceeds from the partial disposal of VBML shares 17(e) 2,455 - -
Disbursement related to MRN sale 17(f) - (72) -
Proceeds from the divestment of Companhia Siderúrgica do Pecém 17(h)                                - 1,082 -
Cash contribution to Companhia Siderúrgica do Pecém 17(h)                                - (1,149) -
Proceeds from the sale of Midwestern System 17(i)                                - - 140
Proceeds from the sale of California Steel Industries 17(j)                                -    - 437
Cash received (paid) from disposal and acquisition of investments, net   2,687 (139) 577
         
Schedule of reconciliation of debt to cash flows
       
  Quoted in the secondary market Debt contracts in Brazil Debt contracts on the international market Total
December 31, 2022 6,497 280 4,404 11,181
Additions 1,500                       -   450 1,950
Payments (i) (542) (50) (66) (658)
Interest paid (ii) (454) (24) (265) (743)
Cash flow from financing activities 504 (74) 119 549
Effect of exchange rate 19 20 (64) (25)
Interest accretion 454 24 288 766
Non-cash changes 473 44 224 741
December 31, 2023 7,474 250 4,747 12,471
Additions 2,033 - 2,822 4,855
Payments (i) (1,037) (46) (1,522) (2,605)
Interest paid (ii) (527) (20) (321) (868)
Cash flow from financing activities 469 (66) 979 1,382
Acquisition of Aliança Energia 214 32 - 246
Effect of exchange rate (121) 101 (164) (184)
Interest accretion 503 20 354 877
Non-cash changes 596 153 190 939
December 31, 2024 8,539 337 5,916 14,792
         
(i)Includes bond premium repurchase.
(ii)Classified as operating activities in the statement of cash flows.
Schedule of non-cash transactions
     
  Year ended December 31,
  2024 2023 2022
Non-cash transactions:      
Additions to PP&E with capitalized loans and borrowing costs 36 19 47