- About us
- IBJ Awards
- Free Sample
- Contact us
Rio Tinto spends over A$15.3 bn with Australian suppliers
(Posted on 20/03/23)
Rio Tinto increased its spend with Australian suppliers to more than A$15.3 billion in 2022, as part of the company’s ongoing commitment to support communities where it operates.
This was an increase of almost 9 per cent on the previous year and was spent with more than 6,200 businesses, including Australian owned and operated businesses and locally owned and managed branches of global companies. The spend helped support tens of thousands of Australian jobs and delivered a significant economic contribution to communities across the country.
As part of this spend, more than A$565 million was spent with Indigenous businesses across Australia – an increase of 40 per cent on the year before.
Rio Tinto Chief Executive, Australia, Kellie Parker said, “Supporting local businesses in the communities where we operate is a key priority for Rio Tinto. We strive to employ local people, buy local products and engage local services – especially from Indigenous, small and regional businesses.
We are working hard to improve our approach to Indigenous business development and engagement in Australia, and while there is still more work to do, last year we significantly increased our spend with Indigenous suppliers.
We couldn’t do what we do without our local supplier partners and having good relationships with them helps us find better ways to provide the materials the world needs and innovate to decarbonise our operations.”
Rio Tinto engages with more than 20,000 suppliers globally.
In 2022, Rio Tinto increased its global spend with suppliers to US$22.5 billion, up from US$19.8 billion in 2021.
U.S. Borax first open pit mine to transition to renewable diesel(Posted on 05/06/23)
Rio Tinto has successfully completed the full transition of its heavy machinery from fossil diesel to... Read more
Rio Tinto to invest in Pilbara desalination plant(Posted on 02/06/23)
Rio Tinto plans to invest US$395 million1 in a seawater desalination plant in the Pilbara, Western Australia... Read more
BHP and Microsoft use AI to lift Escondida copper recovery(Posted on 31/05/23)
A new collaboration between BHP and Microsoft has used artificial intelligence and machine learning... Read more
Alliance to support U.S. farmers in transition to lower-carbon agriculture(Posted on 23/05/23)
Bunge and Nutrien Ag Solutions, the retail division of Nutrien Ltd. have announced a strategic alliance... Read more
Vale ships its first cargo of briquettes for blast furnace test(Posted on 17/05/23)
Vale has concluded the shipment of its first cargo of iron ore briquettes to be tested in a blast furnace... Read more
UK agri welcomes government decision to drop retained EU law plans(Posted on 12/05/23)
The UK Government's decision to abandon plans to review all EU-derived legislation by the end of 2023... Read more
USA’s NGFA supports proposal to remove ‘Soybeans of Other Colors’(Posted on 08/05/23)
The USA’s National Grain and Feed Association (NGFA) and 42 other agricultural groups have expressed... Read more
BHP completes OZ Minerals acquisition(Posted on 02/05/23)
BHP has announced the completion of the OZ Minerals acquisition and implementation of the scheme of... Read more
ADM Milling project maps carbon emissions in wheat supply chain(Posted on 02/05/23)
ADM, global leader in nutrition, and one of the leading flour millers in the UK, has for the first time... Read more
US Soy growers ask House Ag Committee to help protect crop insurance(Posted on 28/04/23)
Speaking on behalf of the American Soybean Association and his fellow soy growers, ASA President Daryl... Read more