Exhibit 10.18


Consent of Independent Public Accountants

We hereby consent to the use in this Annual Report on Form 20-F of Companhia
Vale do Rio Doce of our report dated January 25, 2002, relating to the
Financial Statements of CELMAR S.A. - Industria de Celulose e Papel for the
years ended December 31, 2001 and 2000, which is included in such Annual
Report.


/s/ Deloitte Touche Tohmatsu

Deloitte Touche Tohmatsu
Rio de Janeiro, Brazil, June 27, 2002