v3.25.2
Consolidated Interim Income Statement - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
IfrsStatementLineItems [Line Items]        
Net operating revenue $ 8,804 $ 9,920 $ 16,923 $ 18,379
Cost of goods sold and services rendered (6,085) (6,349) (11,536) (11,716)
Gross profit 2,719 3,571 5,387 6,663
Operating expenses        
Selling and administrative (131) (137) (276) (277)
Research and development (159) (189) (282) (345)
Pre-operating and operational stoppage (71) (91) (161) (183)
Other operating expenses, net (222) (289) (480) (539)
Impairment and gains (losses) on disposal of non-current assets, net (132) 1,010 (385) 1,004
Operating income 2,004 3,875 3,803 6,323
Financial income 112 78 228 187
Financial expenses (404) (365) (786) (704)
Other financial items, net 459 (965) 910 (1,172)
Equity results and other results in associates and joint ventures (68) 112 (9) 236
Income before income taxes 2,103 2,735 4,146 4,870
Income taxes 32 34 (615) (414)
Net income 2,135 2,769 3,531 4,456
Net income attributable to noncontrolling interests 18 20 8
Net income attributable to Vale S.A.'s shareholders $ 2,117 $ 2,769 $ 3,511 $ 4,448
Ordinary shares [member]        
Operating expenses        
Basic earnings per share from continuing operations $ 0.50 $ 0.65 $ 0.82 $ 1.04
Diluted earnings per share from continuing operations $ 0.50 $ 0.65 $ 0.82 $ 1.04