v3.26.1
Inventories
 12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
Inventories

8. Inventories

   
December 31, 2025 2024
Finished products    
Iron Ore Solutions 3,184 2,493
Vale Base Metals 686 571
Total finished products 3,870 3,064
     
Work in progress 901 691
Consumable inventory 1,168 988
     
Net realizable value provision (2) (138)
Total of inventories 5,937 4,605

 

The cost of goods sold is presented in note 4(a).

Accounting policy

 

Inventories are stated at the lower of cost and net realizable value. Inventory production cost comprises variable and fixed costs, direct and indirect costs of production and are assigned to individual items of inventory based on weighted average costs method. At the end of the reporting period, net realizable value of inventories are assessed and a provision for losses on obsolete or slow-moving inventory may be recognized. The write-downs and reversals are recognized as “Cost of goods sold, and services rendered”.