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Equity (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure Equity Abstract  
Schedule of share capital
     
  December 31, 2024
Shareholders Common shares Golden shares Total
Previ (i) 397,061,482   397,061,482
Mitsui&co (i) 286,347,055 - 286,347,055
Blackrock, Inc (ii) 289,063,618 - 289,063,618
Total shareholders with more than 5% of capital (i) 972,472,155 - 972,472,155
Free floating 3,296,247,846 - 3,296,247,846
Golden shares - 12 12
Total outstanding (without shares in treasury) 4,268,720,001 12 4,268,720,013
Shares in treasury 270,287,567 - 270,287,567
Total capital 4,539,007,568 12 4,539,007,580

  

(i)Number of shares owned by shareholders, as per statement provided by the custodian, based on shares listed at B3.
(ii)Number of shares as reported in Blackrock, Inc.’s Schedule 13G/A, filed with the SEC.
Schedule of cancelation of treasury shares
   
  Number of canceled shares Carrying amount
Cancelation approved on March 2, 2023 239,881,683 4,164
Year ended December 31, 2023 239,881,683 4,164
     
Cancelation approved on February 24, 2022 133,418,347 2,830
Cancellation approved on July 28, 2022 220,150,800 3,786
Year ended December 31, 2022 353,569,147 6,616
Schedule of share buyback program
           
  Total of shares repurchased Effect on cash flows
  Year ended December 31,
  2024 2023 2022 2024 2023 2022
Shares buyback program up to 150,000,000 shares (i)            
Acquired by Parent 18,251,159 1,500,000 - 240 22 -
Acquired by wholly owned subsidiaries 12,672,414 1,500,000 - 169 22 -
  30,923,573 3,000,000 - 409 44 -
             
Shares buyback program up to 500,000,000 shares (ii)            
Acquired by Parent - 93,638,352 87,779,900 - 1,378 1,375
Acquired by wholly owned subsidiaries - 88,058,750 90,847,177 - 1,292 1,410
  - 181,697,102 178,627,077 - 2,670 2,785
             
Shares buyback program up to 470,000,000 shares (iii)            
Acquired by Parent - - 81,855,600 - - 1,501
Acquired by wholly owned subsidiaries - - 96,959,900 - - 1,750
  - - 178,815,500 - - 3,251
Shares buyback program 30,923,573 184,697,102 357,442,577 409 2,714 6,036

 

(i)On October 26, 2023, a new share buyback program limited to a maximum of 150,000,000 common shares and their respective ADRs, over the next 18 months started from the end of the program previously on going.
(ii)On April 27, 2022, the Board of Directors approved the common shares buyback program, limited to a maximum of 500,000,000 common shares or their respective ADRs, with a term of 18 months.
(iii)On April 1, 2021, the Board of Directors approved the common shares buyback program, limited to a maximum of 270,000,000 common shares or their respective ADRs. In continuation of the previous program, the Board of Directors approved a new share repurchase program on October 28, 2021, with a limit of up to 200,000,000 common shares or their respective ADRs. Both programs ended in 2022.
Schedule of profit distribution
     
  2024 2023 2022
Net income of the year 6,166 7,983 18,788
Appropriation to legal reserve (i) - - (276)
Appropriation to tax incentive reserve (392) (891) (1,157)
Net income after appropriations to legal reserve and tax incentive reserve 5,774 7,092 17,355
       
Minimum remuneration to shareholders (ii) 1,698 2,042 4,386
       
Additional shareholders' remuneration      
According to shareholder remuneration policy (iii) 1,394 2,066 437
Additional remuneration from the net income for the year (iv) 500 2,000 -
       
Total remuneration to shareholders 3,592 6,108 4,823
Appropriation to statutory reserve 2,182 984 8,821
Appropriation to retained earnings reserve - - 3,711

 

(i)In 2022, the limit of 20% of the share capital for the constitution of the legal reserve was reached, in accordance with article 193 of Law 6,404 and article 39 of the Company's Bylaws.
(ii)Mandatory minimum remuneration corresponding to 25% of the net income after appropriations to legal reserve and tax incentive reserve. according to Vale S.A.’s by-laws.
(iii)According to the Company's shareholder remuneration policy, minimum remuneration to Vale S.A. shareholders is calculated based on 30% of the adjusted EBITDA (as defined in note 5) less sustaining capital investments, which represented US$4,538 (2023: US$4,269 and 2022: US$3,897) for the year ended December 31, 2024. Therefore, the additional remuneration to comply with the policy was US$1,394.
(iv)In addition, the Company approved dividends beyond the policy calculation in the amount of US$500, totaling US$3,592 in remuneration to shareholders for the year ended December 31, 2024.
Schedule of profit reserves
                       
    Legal reserve   Tax incentive reserve    Statutory reserve   Retained earnings reserve   Additional remuneration reserve   Total of profit reserves
Balance as of December 31, 2021   2,523   3,083   6,898   -   3,198   15,702
Allocation of income   276   1,157   8,821   3,711   437   14,402
Deliberated dividends and interest on capital of Vale's shareholders   -   -   -   -   (3,500)   (3,500)
Treasury shares cancellation   -   -   (6,616)   -   -   (6,616)
Transfer of reserves   -   3   (3)   -   -   -
Translation adjustment   165   173   249   (133)   302   756
Balance as of December 31, 2022   2,964   4,416   9,349   3,578   437   20,744
Allocation of income   -   891   984   -   2,364   4,239
Deliberated dividends and interest on capital of Vale's shareholders   -   -   -   -   (437)   (437)
Treasury shares cancellation   -   -   (4,164)   -   -   (4,164)
Translation adjustment   230   383   604   278   -   1,495
Balance as of December 31, 2023   3,194   5,690   6,773   3,856   2,364   21,877
Allocation of income   -   392   2,182   -   1,596   4,170
Deliberated dividends and interest on capital of Vale's shareholders   -   -   -   -   (2,364)   (2,364)
Translation adjustment   (696)   (1,308)   (2,162)   (841)   -   (5,007)
Balance as of December 31, 2024   2,498   4,774   6,793   3,015   1,596   18,676