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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Profit or loss [abstract]      
Revenue $ 1,876 $ 1,732 $ 1,829
Cost of sales (1,279) (1,107) (1,139)
Gross profit 597 625 690
Selling expenses (74) (66) (65)
Administrative expenses (239) (185) (142)
Exploration expenses (21) (7)
Other operating income 175 177 131
Other operating expenses (88) (88) (46)
Impairment of property, plant and equipment, intangible assets and inventories (34) (39) (38)
Impairment of financial assets (56) (4)
Share of profit/loss from associates and joint ventures 146 (2) 105
Profit from sale/acquisition of companies´ interest       34 9
Operating income  440 424 631
Financial income 32 5 5
Financial costs (185) (364) (221)
Other financial results 211 558 166
Financial results, net 58 199 (50)
Profit before income tax 498 623 581
Income tax 121 (318) (124)
Profit of the year 619 305 457
Items that will not be reclassified to profit or loss      
Results related to defined benefit plans (5) (9)
Income tax 2 3
Exchange differences on translation 123 (78) 21
Items that may be reclassified to profit or loss      
Exchange differences on translation 138 (97) 39
Other comprehensive income (loss) of the year  261 (178) 54
Total comprehensive income of the year 880 127 511
Total profit of the year attributable to:      
Owners of the company 619 302 456
Non-controlling interest 3 1
Total comprehensive income of the year attributable to:      
Owners of the Company 880 124 510
Non-controlling interest $ 3 $ 1
Earnings per share attributable to equity holders of the Company      
Total basic earning per share $ 0.46 $ 0.22 $ 0.33
Total diluted earning per share $ 0.46 $ 0.22 $ 0.33